Should I Register A Business Name
What is a business organisation proper noun?
A business concern name is a name or championship under which a person or entity conducts a business.
- When should I register a business name?
- What a business organization proper name registration does not provide?
Lookout man our YouTube video near What is a business name and how to apply for one.
When should I register a business organization name?
You will need to register a business organization name if you deport on business inside Commonwealth of australia and are non trading under your own proper name.
Exceptions to this include:
- if you lot are operating as an private and your operating name is the same as your first proper name and surname
- if you are in a partnership and your operating name is the same equally all the partners' names, or
- if yous are an already registered Australian visitor and your operating name is the aforementioned equally your company'south name.
The law does non allow any changes from the business holder's proper name if yous wish to rely on the in a higher place exemptions. For example, if your name is John Smith, and the name of your business is 'John Smith & Co', you volition need to register the business name 'John Smith & Co'.
If you are unsure about whether you need to register a business proper name, look through the examples in Regulatory Guide 235.
What a business organisation proper noun registration does not provide
Registering a business proper name does not provide exclusive ownership of your business name. It also doesn't foreclose other people from being able to register and apply like names.
To gain exclusivity over a particular business name, yous need to register it equally a trade mark with IP Australia.
Related links
- How to protect your business organization name
- Business proper noun availability
- Steps to register a business name
Source: https://asic.gov.au/for-business/registering-a-business-name/before-you-register-a-business-name/what-is-a-business-name/
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