If ASIC has cancelled your business name within the last 6 months, due to failure to pay the renewal fee, then you must apply directly to have the business name restored. (Please note you cannot restore a business name where the holder directly applied to cancel the business name)
For these 6 months after the name has been cancelled, ASIC will not allow anyone else to register the name, instead keeping it reserved for you to have restored.
The restoration process involves sending a general enquiry form to ASIC to ask for restoration to occur. In this enquiry you should include:
- The business name
- The details of the business name holder
- Email address
- Phone number
ASIC will then send you an email, generally within 24-48 hours, with a unique BPAY reference and the amount due for the name to be fully restored. Once payment has been received it can take up to 28 days for restoration to occur, yet often this takes place in a much shorter timeframe.
If ASIC cancelled your business name over 6 months ago, then you must submit a fresh business name application. It is important to ensure that the name is still available at this point, as once 6 months have passed since the cancellation of your former business name, it becomes publicly available again.
You can apply to register a business name via the EasyCompanies platform. Please contact customer support if you require assistance with this process.
All information provided on this webpage is general information about our products and services. Nothing on this webpage is intended to be professional advice of any kind and should not be relied on as such. You should obtain specific financial, legal or other professional advice before relying on the content of this webpage. By not seeking such advice, you accept the risk that the information on this webpage may not meet the specific needs of your business. Our liability is limited to the maximum extent permitted by applicable law in accordance with our website terms and conditions.
Updated — Aug 30, 2018