An Australian Business Number (ABN) is required for sole traders to conduct business legally. In Australia, registering for an Australian Business Number (ABN) is a key step for sole traders. Business Number (ABN) is a unique 11-digit identifier for businesses. Not everyone is eligible for an ABN; you must be actively operating a business in Australia. Stealth Accountants, as a Public Accountant & registered tax agent, can assist with your ABN application. If you have an ABN, you must update the Australian Business Register (ABR) with any changes within 28 days, such as name, address, or contact details. As public accountants and registered tax agents, we can manage your ABN application and keep your details updated on the ABR.

Process for Australian Business Number (ABN) application with Stealth Accountants

When you choose Stealth Accountants for your Australian Business Number (ABN) registration, you can expect a straightforward process tailored to your specific needs. Here’s an overview of how ABN registration process typically works:

1. Initial Consultation: We’ll start with a consultation to understand your business and the purpose of obtaining an ABN & Gather information including your personal details, business activity information, and tax file number (TFN) ready.
2. Eligibility Check: We’ll determine if you meet the eligibility criteria for an ABN, such as operating a business in Australia.
3. Application Preparation: Our team will prepare and submit your ABN application, ensuring all required information is included and accurate.
4. Liaison with Authorities: We’ll liaise with the Australian Business Register (ABR) on your behalf to expedite the processing of your application.
5. Confirmation: Once your ABN is approved, we’ll provide you with confirmation and any relevant documentation.
6. Ongoing Support: We’ll provide ongoing support and advice to ensure you meet your tax and regulatory obligations.
7. Additional Services: As experienced accountants and tax agents, we can also assist with other related services, such as tax registration and compliance. Keep your ABN details up to date, especially if your business information changes.
8. Tax obligations: Understand your tax obligations, including registering for Goods and Services Tax (GST) if your annual turnover exceeds the threshold.

Throughout the process, our Stealth Accountants team will ensure that your ABN registration is completed efficiently and accurately, allowing you to focus on growing your business.