Legal requirements for small business operating under a business name
New ID requirement for directors
Company directors are now required by law to apply for a director identification number (director ID). Find out more at our Director ID information page.
If you operate a small business using a business name, you have certain legal obligations. On this page we outline what you need to do to comply with Australian law.
- Registering your business name
- Changing or cancelling your business name
- Renewing a business name
- If you become disqualified
- Using your business name in documents
Registering your business name
If you intend to carry on a business under a business name, you must register the name. You do not need to register a business name if:
- you conduct business under your personal name (e.g. John Smith)
- you have a company and you conduct business under the company name, or
- you are in a partnership and you conduct business under all of the partners’ names (e.g. Smith & Holt)
If you trade under any other name, see registering a business name to find out how to make your business name legal.
We may also ask you for information to help us maintain the Business Names Register. You must provide this information.
Registering a business name will not stop someone who has registered the name as a trademark from using it. Find out more about how to protect your business name.
Changing or cancelling your business name
You must notify ASIC within 28 days if there’s been a change to the details of your business name. Find out how to change your business name details or cancel your business name.
Renewing a business name
You must renew your business name before the renewal date to avoid it being cancelled by ASIC. Get more details on renewing your business name.
If you become disqualified
ASIC must be notified where a business name holder, or a person involved in the management of a business name holder, is disqualified from holding a business name.
You can use ASIC Connect to notify ASIC.
Using your business name in documents
If you are conducting business with another entity, any documents you provide must include your business name and Australian Business Number.
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