ABN What is it and how to get one











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If you're starting out as a sole trader or freelancer you'll likely need an ABN. It's an important first step in getting started with your own business and takes under 15 minutes to complete. We'll also discuss what the difference is between an ABN and a TFN, the costs and what you're entitled to when you setup an ABN. • Apply for an ABN here: • https://abr.gov.au/For-Business,-Supe... • Here's what you'll need to apply for an ABN, depending on your circumstances: • Details about your identity (name, age, address etc.) • Your tax file number (TFN) • Date your ABN is required • Legal documents that have your name for • Authorised contacts details – eg the applicant or tax agent • Your primary business activity • Address of your business activity • • Applying for a business name is usually done at the same time when you setup an ABN, however, you can also go to: • https://asic.gov.au/for-business/regi... • • ABN costs: • $34 for 1 year • $79 for 3 years • • Tunes by Zerh Beatz •    • Video  

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