ABN Registration Form - Sole Trader

ABN Registration - Sole Trader

ABN Entitlement

Sole Trader's Details

You do not have to provide a Tax File Number as part of your ABN Application but if you don't then this may create delays with your Application.

ABN Registration Details

Please provide as much details as possible - ridesharing with uber, food delivery with menulog, subcontractor for a fencing company, labourer, business owner running a bakery as a sole trader, etc.

Business Name Application

You can either trade under your legal name (eg John Smith) or choose a business name (eg Ezi Consultancy). If you wish to trade under a business name (even if this is just a word attached to your legal name such as John Smith Consulting), you have a legal responsibility to register the business name.

GST Registration

Remember, if you have an enterprise of providing travel as a Taxi Driver or Ride-Sourcing Driver, you are required to register for GST from day 1. This is applicable for any taxi driving and ride sharing services. For all other business activities, the GST requirements are different. If your gross revenue exceeds $75,000 in any rolling 12 months period then you are required by law to register for GST. Under that limit, GST registration is optional.

Your Declaration & Authorization

By submitting this form, I declare that Shah Legacy (ABN 14 696 818 513) is authorised to submit an ABN application to the Australian Tax Office on my behalf and to do so as my registered tax agent, and if necessary, submit a Business Name application to the Australian Securities & Investments Commission (ASIC). I understand that Shah Legacy will utilise information supplied by me in this form to apply for an ABN, and if necessary, will remain my ASIC agent and notify me when my business name requires renewal. I confirm that I have received the consent of all individuals referred to in this application form, to the submission of their personal information contained in this form to Shah Legacy and to the ATO and ASIC as necessary to process this application. I verify that the information supplied is, to the best of my knowledge, accurate and complete. I also confirm:

• I am not disqualified from managing corporations under Section 206B(1) of the Corporations Act 2001.
• Within the last 5 years I have not been convicted of, or released from prison after being convicted of, and serving a term of imprisonment for, any of the criminal offences referred to in Section 32(1)(c) or (d) of the Business Names Registration Act 2011.
• This application is submitted under, and is compliant with, the terms and conditions of the ASIC Electronic Lodgement Protocol.
• The information supplied is, to the best of my knowledge, accurate and complete.
• I understand the best structure for my business (Sole Trader).
• I have the TFN, date of birth and name, OR name, address and date of birth for all key people in my business.
• I am not applying just because I have been asked to get an ABN as a condition of employment.
• I meet a number of the key characteristics of a business, or will once started, for example sourcing my own clients, I can delegate my work to others if I choose, I will invoice for my work and set my rate of pay, I will have a bank account for my business separate from my own bank account, I am responsible for my own public liability, professional indemnity and/or workers compensation/income protection insurance.
• I can provide evidence that I am entitled to an ABN if requested.
• To provide true and correct information in my ABN application. Penalties of up to $12,600 can apply for each false or misleading statement made in an ABN application.
• Once I have an ABN I must keep it up to date (within 28 days of any change) and cancel it once I am no longer trading or carrying on an enterprise.

Fee Payment

$ 0.00