Thursday, October 16, 2008

Legal stuff

Just a few web sites and information for when starting up your business or have decided to review your current position.

Decide how your business will be legally structured. See Business Structure for more detail.
If you choose to be a sole trader, you can trade using your own name or register a business name with the Office of Fair Trading.
If your business is a company, your company name needs to be registered with the Australian Securities and Investment Commission (ASIC).
Register for an Australian Business Number (ABN) with the Australian Taxation Office. You can register online for an ABN at the Business Entry Point.
Register for the relevant taxes, including GST and PAYG. See Taxation for further information on what relevant taxes apply to your business. You may also do this via the Business Entry Point.
If you intend to employ, obtain information on awards, superannuation policies, workers compensation, PAYG taxes, as well as other relevant employment information. See Employment Conditions.
Check on what licences/registrations may be required for your business through the Office of Fair Trading.
Check with your local council regarding zoning, health regulations and whether you need to lodge a Development Application or Building Application.
Develop an Intellectual Property register for logos, trade marks, patents, copyright and designs. Contact IP Australia for more information.
Register your website domain name if you want a strong Internet presence. You need a legitimate business or company name, eg through the Office of Fair Trading, to get a .com.au address. You can search for and register a domain name at www.auda.org.au/domains/au-domains/.
Draw up your Will, especially if you are a sole shareholder/director.

blog you later

john mason
http://www.johnmason.com.au
http://www.helloworld.com/john-mason
http://www.quality.com.au

1 comment:

Nicole Baines said...

Great article John. An excellent resource for new business owners. Thanks. Nic