search

Maksakovsky-admin / technical

0 stars 0 forks source link

Business Name reference details #7

Open dentarthur opened 5 years ago

dentarthur commented 5 years ago

I thought ABN was Aust Business Name but it is Number.

I don't understand whether or not an Inc Association is taxable and/or needs an ABN.

A Business Name is only $84 for three years so no harm applying to be safe with omitting Inc.

Seems like a "charity" should have an ABN. Not sure if we become a business by collecting donations or selling publications or entering into contracts with publishers.

Have impression that getting ABN might be required for Business Name.

Main entrance to maze here. Has online chat to answer our question "What should an non-profit Victorian Incorporated Association do to avoid using Inc all over its web site?" and to avoid getting taxed?

https://asic.gov.au/for-business/registering-a-business-name/

Good luck! I gave up after downloading but not looking at stuff at links below.

Regulations are here:

Business Names Registration Regulations 2011. https://www.legislation.gov.au/Details/F2011L02406/Download

Official advice about them here:

https://asic.gov.au/regulatory-resources/find-a-document/regulatory-guides/rg-235-registering-your-business-name/

Confusion re charities and "business" for ABN here:

https://abr.gov.au/For-Business,-Super-funds---Charities/Applying-for-an-ABN/ABN-entitlement/

Detailed confusion here:

https://asic.gov.au/online-services/business-names/business-names-help/

Confusion about "hobby" vs commercial activity intended to make a profit here: https://www.business.gov.au/Planning/New-businesses/A-business-or-a-hobby

Friendly confusion portal here: https://www.business.gov.au/Guide/Starting

Fees: https://asic.gov.au/for-business/payments-fees-and-invoices/payment-options/business-name-fees-and-payment-options/

dentarthur commented 5 years ago

Forgot to paste link for main entrance to maze:

https://asic.gov.au/for-business/registering-a-business-name/

Have edited it in above.

dentarthur commented 5 years ago

As far as I can make out from the regulations and explanatory statement of them anybody can just use a domain name as a business name and this would solve the problem of not including Inc.

Bizarre since details of domain name owner are usually obscured by privacy trustee in "whois" lookup so means there is no way at all to easily trace the owner.

Better ask them to confirm by email.