Everything you need to start a business, all in one place. Quick. Simple. Easy.
**included in the purchase
- Australian Business Number (ABN)
- Goods and Services Tax (GST)
- Tax File Number (TFN)
- Pay-As-You-Go (PAYG)
- All government documents
What is an ABN ?
An Australian Business Number (ABN) is a unique 11-digit number that identifies your business. It’s a legal requirement for anyone who wants to start an enterprise in Australia. You will need an ABN to operate the following business types:
- Sole Trader
When you register for an ABN you will be issued with a business TFN (Tax File Number).
Your ABN is important as it links your tax registrations to the ATO. When you register for an ABN you have the choice to also register for a TFN (Tax File Number), PAYG and GST.
Register for GST
You need to register for Goods and Services Tax (GST) if you run a business or enterprise and your GST turnover is $75,000 or more ($150,000 for a not-for profit).
If you’re not registered for GST, check each month to see whether you’ve reached the threshold, or are likely to exceed it. If your turnover exceeds the relevant threshold, then you must register within 21 days of reaching it.
Register for PAYG
Under the pay-as-you-go (PAYG) withholding rules, you have an obligation to collect tax from the payments you make to your employees (and some businesses) so they can meet their end-of-year tax liabilities.
Register for TFN
A Tax File Number (TFN) identifies you for tax and superannuation purposes. It’s your tax identity. You keep the same TFN even if you change your name, change jobs, move interstate or go overseas. You will need a TFN to start an Australian business.
Apply for your Business ABN today!
ABN + GST + TFN + PAYG for $45
What does it cost?
Apply for your ABN, and register for GST, PAYG and TFN for only $45 (incl GST) .
What’s the process?
- Have everything you need with you (see below)
- Follow the easy online application
- Documents will be sent to your inbox
How long does it take?
- Registration takes no more than 10 minutes to complete
- 24-48 hours for your successfully registered business to reflect on the Australian Business Registry
What do I need to get started?
- Individual (Sole Trader)
The Full Name, Tax File Number (TFN), Address & Contact Details of the Individual
The Full Name, Tax File Number (TFN), Address & Contact Details of the Partners
The Full Name, Tax File Number (TFN), Address & Contact Details of the Directors/Shareholders as well as the ACN
The Full Name, Tax File Number (TFN), Address & Contact Details for all Trustees
Set Up My Business For Me
Leave it with our team of business set up specialists to give you the right advice and get your business registered for you.
Got More Questions?
It really is Christmas in July!
In the spirit of Christmas - ho! ho! ho! - SUM[B] is giving new businesses FREE ABN registration for the whole month of July!
Go to the SUM[B] ABN Registration page to learn more about ABN Registration and start your registration, hassle free!