Your business - Small business

Welcome to ASIC's small business hub


What is a ‘small business’?

Why small business is important to ASIC

Why complying with the law is important

Starting a small business

Starting a small business


Sole trader

Partnerships and trusts

Checklist: Key differences between sole traders and companies

Compliance for small business

Know your legal requirements:


Business names

Closing a small business

Four ways to close a company

What happens when a company is deregistered?

Cancelling a business name

Small business resources - offers information and resources on planning, starting and growing a business.

Top 10 ASIC small business inquiries

  1. Business name - renewal
  2. Business name - registration
  3. Company account payment
  4. Business name - change of ownership
  5. Business name - request ASIC key
  6. Business name - browser compatibility
  7. Company address changes
  8. Company fee waivers
  9. Company - how to close
  10. Company - role of officeholders

Important notice

Please note that the information provided on this website is a summary giving you basic information about a particular topic. It does not cover the whole of the relevant law regarding that topic, and it is not a substitute for professional advice.

You should also note that because this website avoids legal language wherever possible, it might include some generalisations about the application of the law. Some provisions of the law referred to have exceptions or important qualifications. In most cases, your particular circumstances must be taken into account when determining how the law applies to you.

Your privacy

Certain information provided to ASIC may include personal information. Please refer to our privacy policy for information about how we handle your personal information, your rights to seek access to and correct personal information, and to complain about breaches of your privacy.

Protect your business from unfair contract terms


Find out more about the new law applying from 12 November 2016 that aims to protect small businesses from unfair contract terms.

Watch the webinar video

ASIC Small Biz News

Subscribe to our eNewsletter, ASIC Small Biz News, and keep up to date with the latest ASIC small business initiatives, services and developments.

Read the latest issue

Last updated: 23/03/2016 03:05