How to renew your business name

There are two options available to renew your business name. You can;

To renew your business name on the spot using your credit card, we recommend our 'Pay now' service.

If you also need to review and update your business name details you can sign up or log into your account to renew and make changes.

If you don't renew your business name on time, ASIC may cancel it. Find out more about ASIC initiated cancellation of a business name.

Before you start you'll need your business name renewal notice. It's sent at least 30 days before your renewal is due and is sent via email in most cases. Here's an example of what a renewal notice will look like.

Renew your business name using 'Pay now'

'Pay now' is a streamlined payment process that allows you to renew in a few simple steps.

All you need is your account number (as shown on your renewal notice) or your Australian Business Number (ABN). Please note that you can only enter your ABN if it's listed against your business name on the Australian Business Register (ABR). 

To renew your business name using Pay now, follow the below steps:

Step

Action

Description

1

Select the Pay now - business name renewal link on the right hand side of this screen

This will take you to our secure online payment service.

2

Enter your account number or ABN

You can find your account number on your renewal notice.

3

Select your business name

Select the business name you wish to renew from the list of results.

4

Select your renewal period (one or three years) and provide your email address (if required)

You can renew your business name for either one year ($35) or three years ($82).

The email you provide will be used to send your record of registration.

5

Review your transaction and make declarations

Check that the information displayed is correct and declare you are authorised to renew the business name.

6

Make payment

You can pay your renewal fee using a credit card (MasterCard or Visa).

Alternatively, you can request an invoice and pay later through BPAY or Australia Post.

7

Confirmation

You'll receive an ASIC message confirming your renewal has been submitted. We'll then update the Business Name Register with your next renewal date.

Renew your business name using ASIC Connect

ASIC Connect is our online system used to manage your business name.

You'll need an ASIC Connect account with your business name linked, to renew and make any changes to your business name.

To renew your business using ASIC Connect, follow the below steps:

Step

Action

Description

1

Go to

ASIC Connect

and log in to your account

When you log in for the first time, you'll be prompted to add any existing business names to your account.

If you need to add another business name to your account, see Linking a business name to your account.

Don't have an account?

Get one now

2

Select the

Lodgements & Notifications

tab at the top of the screen then select your business name

This will display all business names linked to your account.

Select the button to the left of the business name.

3

In the transaction column, select

Renew business name

and then select

Go

This will start the transaction.

4

Choose your renewal period (one or three years)

You can renew your business name for either one year ($35) or three years ($82).

5

Review your transaction

Check that the information displayed is correct.

6

Make declarations

Read the declaration to ensure you agree with the conditions of the transaction.

7

Make payment

You can pay your renewal fee using a credit card (MasterCard or Visa).

Alternatively, you can request an invoice and pay later through BPAY or Australia Post.

8

Confirmation

You'll receive an ASIC message confirming your renewal has been submitted. We'll then update the Business Name Register with your next renewal date.

I haven't received my renewal notice

If you've updated your email address with ASIC, we'll email your renewal notice to you. If we don't have an email address then we'll send the renewal notice to the address for service of documents address listed on our business name register. Find out what to do if you haven't received your renewal notice.

Related links


You can also watch our video tutorial on how to renew your business name using ASIC Connect.

 

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Last updated: 07/12/2017 04:32