December 2022
Starting a business in Queensland involves several registration steps at both federal and state levels. This guide walks you through the key requirements.
The most common business structures in Australia are sole trader, partnership, company (Pty Ltd), and trust. Each has different legal, tax, and liability implications. Consider consulting a business adviser or accountant before deciding.
An Australian Business Number (ABN) is required for most business activities in Australia. You can register for free at the Australian Business Register (ABR) website.
If you're trading under a name other than your own personal name, you'll need to register it with ASIC (Australian Securities and Investments Commission).
If your expected annual turnover is $75,000 or more, you must register for GST. You can do this through the ATO's Business Portal.
Depending on your industry, you may need specific Queensland licences or permits (e.g., trade licences, food business registration). Check the Queensland Government's business licensing website for requirements relevant to your industry.