Your business - Small business

Overview

What is a ‘small business’ and why is it important?

Starting a small business

When starting a small business, there's a few things you need to consider. This includes what kind of structure you want to set up and how you plan to operate.

Read more about starting a small business

Compliance for small business

All businesses need to be aware of their legal requirements and what they need to do under the law.

Read more about compliance for small business

Closing a small business

If you've stopped trading, you should consider closing your company or cancelling your business name. This means you don't need to pay your annual fees or keep your details updated with us.

Read more about closing a small business

Tools and resources for business names and companies

We've compiled a range of small business resources from different organisations to give you all the information you need.

business.gov.au - offers information and resources on planning, starting and growing a business.

Top 10 ASIC small business inquiries

  1. Business name - renewal
  2. Business name - registration
  3. Company account payment
  4. Business name - change of ownership
  5. Business name - request ASIC key
  6. Business name - browser compatibility
  7. Company address changes
  8. Company fee waivers
  9. Company - how to close
  10. Company - role of officeholders

Important notice

Please note that the information provided on this website is a summary giving you basic information about a particular topic. It does not cover the whole of the relevant law regarding that topic, and it is not a substitute for professional advice.

You should also note that because this website avoids legal language wherever possible, it might include some generalisations about the application of the law. Some provisions of the law referred to have exceptions or important qualifications. In most cases, your particular circumstances must be taken into account when determining how the law applies to you.

Your privacy

Certain information provided to ASIC may include personal information. Please refer to our privacy policy for information about how we handle your personal information, your rights to seek access to and correct personal information, and to complain about breaches of your privacy.

Protect your business from unfair contract terms

Pen1 

Find out more about the new law applying from 12 November 2016 that aims to protect small businesses from unfair contract terms.

Watch the webinar video


ASIC Small Biz News

Subscribe to our eNewsletter, ASIC Small Biz News, and keep up to date with the latest ASIC small business initiatives, services and developments.

Read the latest issue



Last updated: 28/09/2016 12:03