Quote:
Originally Posted by ozpacific
...priority would be obtaining an ABN and being able to legally trade...
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You can trade without an ABN*...although having said that it takes two minutes to apply online for one.
* I am not giving legal advice, consult a legal professional and or accountant for business advice.
From the ABR website:
Why do you need an ABN?
"Why do you need an ABN?
Although you can operate your business without an ABN, there are some consequences for not registering..."
Also, from same site:
Who is entitled to an ABN
"Is the ABN compulsory?
Applying for an ABN is not compulsory. However, if you are required to register for GST, you will need to apply for an ABN as well.
All businesses with a GST turnover of $75, 000 or more must register for GST and will need an ABN to do this."
In no way am I offering this as legal/professional advice...just showing publicly available information.