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Australian Business Number (ABN)

Australian Business Number (ABN)

Old Nov 29th 2020, 2:39 am
  #1  
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Default Australian Business Number (ABN)

I have a campany that I started few years ago

for that company I got an ACN & ABN

Now I want to have new business ( a business within the mother company)

For that I want to get a new ABN

I called ASIC and they adviced that I will get a new ABN number

But when I registered a new business, the ABN linked to that business is the same as the one for the mother company!!

I wonder if someone knows how these things work.

How to get a NEW ABN number for my new business?

Thanks
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Old Dec 2nd 2020, 9:09 am
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Default Re: Australian Business Number (ABN)

I don't fully understand it all but, a few weeks ago, my wife and I wanted to start up a new company. It kept on defaulting to our personal ABN's. We had apply to form a partnership and then we were given a new ABN for this partnership. Then we opened up our new company using the new ABN. It was a confusing process and I can't remember exactly how we did it but I am a complete duffer and, if I can do it then anyone can.

Be careful, there are two ways of opening up a partnership - one is free and the other costs over five hundred bucks. Basically, if it starts asking you all sorts of complicated questions like shareholders and such, it's not gonna be free!
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Old Dec 2nd 2020, 3:45 pm
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Default Re: Australian Business Number (ABN)

Thanks SoCalDon that was helpful
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Old Dec 4th 2020, 11:32 pm
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Default Re: Australian Business Number (ABN)

When my husband did this to become a sole trader recently he managed it, despite having an old company ABN for a Pty. they gave him a new ABN. I think he may have had to call someone to help with the GST reg though.
Give them a call they are usually very helpful, I think they actually like speaking to people!
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Old Dec 5th 2020, 10:28 pm
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Default Re: Australian Business Number (ABN)

Originally Posted by rammygirl View Post
Give them a call they are usually very helpful, I think they actually like speaking to people!
You're right, they are very helpful when you call them. We left an apostrophe out of our business name and they let us change it.
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