It is possible to have two or more businesses registered under the same ABN?
In short, yes, you can use a single ABN (Australian Business Number) to register multiple business names using the Lawpath platform.
Registering additional names enables you to run various businesses under one ABN. The key is that your businesses need to share the same business structure. If the structures differ, a new ABN application may be necessary.
I have an existing sole trader ABN, can I set up a new business?
You can register a new business name using your existing sole trader ABN if you wish to run your business as a sole trader!
I already own a business name as a sole trader, can I change it to a company structure?
Lawpath's company application form makes it simple to transfer your existing business name to a company (Pty Ltd) structure and register a new ABN. A company will require its own ABN so Lawpath's Standard Compliance package will get your company registered quickly and easily!
It's recommended to consult with a legal or financial professional to ensure you're complying with all relevant regulations and obligations for each business.
You can book a free call with one of our business consultants where you can discuss your company requirements and see if Lawpath will be able to assist you here.