Sole Trader ABN Registration: Who Qualifies and What You Get
Learn how to register for an Australian Business Number (ABN) if you are starting out as a sole trader in Australia.
This scheme allows individuals to register for an Australian Business Number (ABN) so they can legally operate as a sole trader.
Who it's for
This is for individuals who are running a business on their own as a sole trader.
What you get
You receive an Australian Business Number (ABN). This number allows you to send invoices to your clients and provides the ability to register for GST (Goods and Services Tax).
What it costs you
The registration process is free. To complete it, you will need to provide your Tax File Number (TFN) and undergo identity verification.
The catch to know
Registering for an ABN is not the same as registering a business name. These are two different processes, and you may need to complete both depending on how you want to operate.
How to apply
- Gather your Tax File Number and identity documents.
- Visit the official Australian Business Register portal.
- Complete the online application form.
- Follow the prompts to verify your identity.