Answer:
Business registrations
If you conduct a business, you may need to comply with tax obligations. These could require you to register for:
Australian business number (ABN)
goods and Services Tax (GST)
tax file number (TFN)
pay as you go (PAYG) withholding
Other optional registrations include:
Business name – if you want to trade under a particular name,you may need to register it.
Trade marks - if you want exclusive rights to a business name, you need to register a trade mark.
Website domains - if you set up a website, you need to register a domain name.
Fair trading
Fair trading laws ensure your business operates fairly and competitively. They also ensure that you inform and protect your customers.
To ensure your business meets fair trading regulations, you need to consider:
Fair trading laws
Australian Consumer Law and your business
Competition and Consumer Act
Australian standards
Codes of Conduct
