Where can I get an ABN?

When trying to obtain an Australian Business Number (ABN) for your business, it can be confusing on where to apply, what costs are involved and the requirements you or your business need to satisfy to become eligible.

Luckily, LawPath can provide an easy solution to acquiring your ABN through our convenient ABN registration service allowing you to complete your application in under 5 minutes. Once submitted, we will accelerate your application and email you with a new ABN within 24 hours. It is important to check if you are eligible and to determine what business structure is the most suitable for your business before applying.

How much does an ABN cost?

When using our easy to use application service, LawPath charges a one off fee of $50 to submit your ABN application to the ATO for processing. Along with registration, we provide you with:

  • A free LawPath account;
  • A free legal health check;
  • A ready to use and customisable legal document; and
  • A free consultation with a LawPath representative.

Alternatively, you can apply and register your ABN through the ABR website, there are no fees attached with the application process to obtain and register your ABN. However, you do not receive any support during or after the application, and any benefits associated with a free LawPath account.

What benefits do I receive when registering an ABN?

Alongside the benefits you obtain when applying for your ABN through LawPath, additional benefits to having an ABN for you and your business include:

  • Being able to register for GST or PAYG;
  • Being able to register a business name and/or a domain;
  • Avoid getting payments withheld (your business clients must withhold 49% of payments if you do not quote an ABN on your tax invoice);
  • Enhancing the legitimacy of your business by including an ABN on your tax invoices and/or website; and
    To be endorsed as a gift deductible recipient or income tax exempt charity (if eligible).

What information do I need to supply in the application?

When filling out the application, you will be required to submit details about the business, such as:

  • Locations where you will be trading;
  • Contact details;
  • Your tax file number (TFN); and
  • Information showing that you are entitled to an ABN.

For more information on the requirements to submit your application, including whether you are entitled to an ABN, check out our legal guide on how to apply for an ABN.

What about reactivating a cancelled ABN?

If your pre-existing ABN has been cancelled, you can simply reactivate it by re-applying through the ABR website for no cost. Their system will recognise your pre-existing ABN and eventually reflect as active on the register. It is essential you reactivate your ABN as soon as possible as it is an offence to quote an inactive ABN in a transaction.

For more on this topic visit how to reactivate your ABN.

Just remember!

Depending on your business structure, additional costs may arise to legitimise your business, such as applying for an ACN if you are registering a company.

Register your ABN through LawPath now by completing our application process in less than 5 minutes.

Unsure what’s next after you receive your ABN? Contact a LawPath consultant on 1800 LAWPATH to learn more about customising legal documents, obtaining a fixed-fee quote from our network of 600+ expert lawyers or to get answers to your legal questions.

Logan Tennyson

Logan is a Paralegal working in our content team, which aims to provide free legal guides to facilitate public access to legal resources. With a passion for commercial and media law, his research explores how the law is adapting to emerging technologies and how this affects consumers and businesses alike.