Anyone can apply for an ABN
So long as you are an Australian resident for tax purposes and hold a current tax file number, you can apply for an ABN. The EasyCompanies ABN registration process is so simple and streamlined that you often have your ABN in your inbox within the hour.
Have your details handy, and your part won’t take more than 10 minutes — we’ll take care of the rest for a stress-free and fast ABN registration.
No surprises with EasyCompanies
To have absolute peace of mind that your registration has been properly processed, choose to complete your ABN registration with EasyCompanies. When you let the professionals do it, you are guaranteed no bad surprises at the end of the financial year or other tax-related times.
EasyCompanies offers full support when you apply for an ABN, so that you will be taken care of every step of the way.
Does my company need an ABN?
Most companies in Australia need an ABN. From sending invoices, to filing tax returns, an ABN is an essential part of the day-to-day running of business.
You’ll definitely need an ABN if:
You’ll be handling invoices
If you’re issuing invoices to customers, or receiving invoices from suppliers, you’ll need an ABN.
You want to open a business bank account
Most banks ask for your ABN when opening a business account with them.
You’ll earn $75k or more
All businesses earning over $74,999 a year need an ABN. You’ll also need to register for GST if you expect your turnover to exceed this amount.
You’ll be paying salaries
If you’re planning to take on staff, you’ll need an ABN to pay their wages. That’s so they can be registered for PAYG – withholding tax. You’ll need an ABN to pay any directors too.
How long will it take?
Australian Business Number
If you apply during business hours, you’ll usually have your ABN emailed to you within the hour. Occasionally the ATO review applications, which can take up to 28 days. We’ll tell you In the unlikely event that this happens, keep you updated on the progress of your application, and do all we can to speed things up.
These numbers aren’t instantly issued and the ATO (Australian Tax Office) needs to review these applications. You will receive these numbers along with a confirmation of ABN registration via postal mail within 3-5 working days.
Can I use my existing Sole Trader ABN or Partnership ABN for my company?
If you’ve already got an ABN as a Sole Trader or Partnership, and want to start a company, you’ll need to apply for a new ABN, as it’s treated as a separate entity. You can’t use a sole trader/partnership ABN on invoices issued by a company. Find out more here.
What do you need to get started?
There’s no paperwork or ID verification to worry about. All you need to lodge an online application are a few details including:
Your company name and main business activity.
Your email address. This is where your ABN will be sent to.
Key people. You’ll need to register at least one director or shareholder’s phone number. Supplying the Tax File Number of all directors and secretaries will help speed up your application.
For GST Registration you will also need:
To give an estimate of your GST sales turnover, and decide whether to report sales monthly, quarterly, or annually.
To register for PAYG withholding tax, you’ll also need an idea of how many employees you’re likely to have (including paid directors), and how much income tax you’re likely to be withholding per year.
ABN registration for professionals
If you are a lawyer or an accountant who requires the services of a company to take care of your clients’ ABN registrations, consider our professional services offering.
Our team is here to support you in all areas of ABN application — contact us or sign up online to let us take some of the work off you.