If like so many others you are thinking about starting a new company for the first time, you should be aware of the costs that are involved with registration. Registering a company is a lot cheaper than it used to be – only a few years ago you would be paying hundreds more.
You can make your registration easier by using a company registration service to do your registration for you. This may sound like it would make your registration more expensive however, by using a company registration service to do your application for you, you can rest assured that you will be abiding by all laws and will not be held responsible for any mistakes made throughout your application. Whereas if you do your application yourself and make a mistake, you could be facing fines hundreds of dollars or more so it’s a smart idea to get someone else to do it for you.
To find out more about company registration costs, read this article
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I sent an invoice to someone with our ACN but they keep asking for ABN DO I HAVE TO?
iF i GIVE OTHERS NY ACN DO I HAVE TO GIVE MY ABN TOO?
Hi Anne,
If you are charging GST then you should really provide them with an ABN number, I am under the impression you have to by law. You may wish to clarify this with your legal advisor if you do not wish to hand it out.
On all our business dealings though we generally provide the ABN instead of the ACN.
Hope this helps,
Rich