Company Registration Frequently Asked Questions
a question in Company Registration
Not everyone needs an ABN. An ABN is not compulsory; however it makes it easier to keep track of business transactions for tax purposes. You will need an ABN to be registered for GST in order to claim GST credits for any GST you have paid for goods and services you have used in your company. Please note, if you are not entitled to an ABN, your application may be refused; you will be provided an explanation from the ATO as to their refusal. If you are unsure on whether you require an ABN, please seek independent legal advice.
The summary displayed on this page is for information purposes only. Summary should be considered general in nature, and should not be a substitute for professional legal advice. You must always seek your own independent legal, financial and accounting advice about your unique situation.