What's the difference between a company registration, an ABN and a business name?

These are three different registrations that serve different purposes:

Company Registration

  • Registers a company with ASIC and creates a separate legal entity (for example, ABC Pty Ltd)
  • Your company will receive an ACN (Australian Company Number)
  • This is the registration required if you want to operate through a company structure

ABN (Australian Business Number)

  • A unique identifier issued by the Australian Government for tax and business purposes
  • Businesses often need an ABN to invoice customers, register for GST and interact with government agencies
  • A company can have an ABN, but registering a company does not automatically give you one unless you apply for it

Business Name

  • A business name is the name you trade under
  • Registering a business name does not create a separate legal entity
  • For example, a company called ABC Holdings Pty Ltd may trade under the business name ABC Consulting

Depending on your circumstances, you may need all three. Many businesses choose to register a company, apply for an ABN and register a business name as part of setting up their operations.