How To Register Business Name Sole Trader
You don t have to register a business name if you use your own name.
How to register business name sole trader. If you want to trade your business under a specific name you need to register it as a business name with the australian securities investments commission asic. A registration fee of j 2 500 must accompany the form. Register your business name. To register a business the following is needed to be completed. To register as a partner fill out form sa401.
If you choose not to use your own name you will need to register a business name with the australian securities and investments commission. If you choose this route you do not need to register your business with companies house. Before you register make sure you have. All partners need to send their own tax returns as individuals. How to register as a sole trader getting sole trader registered is very simple.
Apply to register a trade mark. You can register your partnership online or alternatively you can print sa400 and fill in by hand. You will need to visit the official gov uk website and register for self assessment. Identified your business structure. When filling out official paperwork for a partnership it s important to include all the partners names.
There are many benefits of being your own boss including greater control over your work life balance. Setting out in business on your own might feel daunting but take comfort from the fact that you re in good company there are now almost five million self employed workers in the uk accounting for 15 of the total workforce. Check the rules for sole trader business names you can register a trade mark if you want to stop people from trading under your business name. The process is relatively easy to follow though some questions might arise which requires professional assistance. You will need to get an australian business number abn before applying to register a business name.
It s an offence to carry on business under an unregistered business name unless you trade under your own name such as mary jones. Sole traders must complete a brf1 form commonly called the super form which can be obtained at the coj or downloaded from its website. An australian business number abn or ready to apply for one. Once you have determined that your name is available to use and complies with all the rules the next step is to register as a sole trader. You can apply for a business name and other key business registrations through the business registration service.