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Registering and using your business name
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What is a business name?
A business name is simply a name or title under which a person or other legal entity may conduct its business.
Under the Business Names Act 2002, if you choose a name for your business that is not your own name then you must register the name of your business with the Office of Fair Trading. For example, if your name is Julie Smith and you are trading under ‘Julie Smith's Salon’, registration of that name is compulsory.
The main purpose of the Register of Business Names is to provide a means for finding out the details of the proprietors of a business in situations where the business is not trading under the proprietor’s name. The Register contains details such as when a particular name was registered and when the registration is due to expire.
Who owns a business name?
Be aware that registering your business name does not
give you ownership of that name. Registering a particular name does not stop
another person from registering a similar name
nor does it give you the exclusive right
to use the name or part of the name.
For example, if you register your name
as ‘Michelle’s Pies’ there is nothing to stop someone else from
registering ‘Michelle’s Pies and Cakes’ or ‘Michelle’s Savoury
Pies’.
Choosing a business name
When choosing a business name it is important to
appreciate that Fair Trading may refuse to register a name in certain
circumstances, for example where:
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it is considered ‘undesirable’ for registration
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it will, in the opinion of Fair Trading, be likely to cause confusion during an inspection of the Register of Business Names
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the name or words in the name are restricted by Ministerial Prohibition or State or Federal law
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it contains foreign language characters.
In addition, if the proposed name suggests that the applicant is a professional person, evidence of the relevant qualifications/registration may be required, for example, doctor, lawyer etc.
Names requested on an application are assessed in order and the first name available will be registered.
| QUICK TIP
– Make sure you check with IP Australia that there are no registered or pending trade marks identical or similar to your proposed business name. Call IP Australia on 1300 651 010 or visit www.ipaustralia.gov.au |
Who can apply for a business name?
An applicant for a business name can be:
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an individual, corporation or incorporated association
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a government instrumentality, if its Act or constitution permits
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a trustee – the name of the trustee as well as the trust must be shown on the application form, for example, John Brown, as trustee for the Brown Family Trust
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the executor of an estate – the name of the executor as well as the estate must be shown on the application form, for example, John Brown, as the executor of the estate of Mary Brown.
| IMPORTANT – Applicants who are individuals must be 16 years of age or older. |
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Section 7 of the Business Names Act 2002 requires that a business name is not to be registered in the name
of a person who is not carrying on business in New South Wales unless Fair
Trading is satisfied that the person intends to carry on business in New South
Wales in the immediate future.
Section 8 of the Business Names Act 2002 provides that, except with leave of the District Court, a business name is not to be registered in the name of a person who, within the last five years, has been found guilty or convicted of a prescribed offence including:
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an offence in connection with the promotion, formation or management of a corporation
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an offence involving fraud or dishonesty, punishable with imprisonment of three months or more
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an offence under the Corporations Act 2001.
Multiple registrations
Traders who carry on business, or intend to carry on
business within the immediate future, in New
South Wales may register multiple
business names, although they may choose not to use all or some of the names to
carry on business.
How to register a business name
Complete an Application for
Registration of a Business Name and lodge it with Fair Trading.
You can mail your application to the Office of Fair
Trading, PO Box 972, Parramatta NSW 2124.
Alternatively, you can enquire about business names and
make an application for registration at any Fair Trading Centre. For the address
of your nearest Fair Trading Centre telephone 13 32 20.
Fair Trading Centres will accept payment by cheque, cash, money order or credit card. Fees for
mailed applications should be paid by cheque or money order. Cheques and money
orders should be payable to the 'Office of Fair Trading'.
You can download an application form at
blis.fairtrading.nsw.gov.au
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Wait until the name is registered!
Circumstances do occur where the business name you apply
for is not available or approved for registration.
| IMPORTANT – Before committing any money to signage, printing or advertising, make sure your business name is registered and you have received your Certificate of Registration from Fair Trading. |
Renewing a business name
Registration lasts for three years. Fair Trading will send a renewal notice to the nominated proprietor at the address provided for service of notices prior to expiry of the registration.
What if I don't renew on time?
If the registration is not renewed by the due date it will expire. An expired registration may be restored within three months of the expiry date. An application for restoration attracts an additional fee.
If a registration is neither renewed nor restored it will lapse and the business name may be registered by any party.
Renew online and save
You can renew a business name online at www.licencedft.nsw.gov.au using Visa
or Mastercard. You will save $5 by renewing your business name online. In order to renew online, you
will need an existing username or a reference number. The reference number is
printed on the top right hand corner of the renewal notice that is automatically sent
to you.
Renew by mail or
in person
Renewals can be posted to Office of Fair Trading, PO
Box 972, Paramatta, NSW 2124 or can be processed at a Fair Trading
Centre. Phone 13 32 20 for the address of your nearest centre or visit www.fairtrading.nsw.gov.au
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Fair Trading Centres will accept payment by cheque, cash,
money order or credit card. Fees for mailed applicants should be paid by cheque
or money order. Cheques and money orders should be payable to the 'Office of Fair Trading'. What if my application is refused?If you are dissatisfied with the decision made on your
application, you may apply in writing to Fair Trading to have the decision reviewed. If you are dissatisfied with the outcome of the review
you may then lodge an appeal against the decision with the Administrative Decisions Tribunal. Changes to the registered particulars of a business name
There is no fee for changing your details on the Register of Business Names.
Changing proprietors
You must notify Fair Trading within one month of changes
occuring where a proprietor(s) have started or ceased. All
proprietors – existing, ceasing and starting – must sign the
form. You can download the form at blis.fairtrading.nsw.gov.au . There is no fee
payable when lodging this form.
Changing other details
A
proprietor must notify Fair Trading within one month of changes occurring to the particulars of a business name eg. business or proprietor's address and ABN. Failure to do this may result in penalties being applied or the cancellation of the registration.
Make some changes online
You can make changes to addresses and the 'nature of
business' online at www.licencedft.nsw.gov.au
To make the changes online
you must have either an existing username or a reference number. You can request a
reference by contacting Fair Trading on 13 32 20. Reference numbers will only
be sent to an address already recorded for the business. All other
changes must be made in writing.
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You can download the forms at blis.fairtrading.nsw.gov.au
. There is no fee payable when lodging change forms.
Display of a business name
The business name must be displayed at all times, so as
to be conspicuous to the public, at each place where the business is
carried on under the business name.
The Certificate of Registration must also be exhibited,
so as to be conspicuous to the public, at the principal place at which business
is carried on under that business name.
Trading on the internet
If your business trades only via the internet you do not
have to register and display a business name in New South Wales.
What is a company?
A company is a separate legal entity and must be
registered under the Corporations Act 2001
administered by the Australian Securities & Investments Commission
(ASIC).
If a company wishes to trade using a name other than its
own full name (eg. Frinstance Pty Ltd
wishing to trade as Frinstance), it must register that
trading name as
a business name. For enquiries
regarding companies, contact ASIC on 1300 555 600 or visit www.asic.gov.au
What is a trade mark?
Registration of a trade mark gives the owner the legal
right to exclusively use or control the use of the mark. IP Australia is the
Commonwealth agency that administers registration under the Trade Marks Act 1995. Before registering your business name, it is a good idea to search the Register of Trade Marks.
Searches can be done free of charge on the IP Australia website at www.ipaustralia.gov.au or, for a fee, IP Australia will do the search for you.
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It is important to remember that registering a business
name will not prevent the name being used by somebody who has registered it as a
trade mark.
If you have a dispute with someone over a business name,
company name or trade mark, the matter may need to be resolved in court.
It is the proprietor’s responsibility to check the
Register of Trade Marks to ensure this situation does not arise.
Do I need an ABN (Australian Business Number)?
You don't need an ABN to register a business name,
however you must tell us your ABN when and if you get one.
For information about applying for an ABN visit www.abr.gov.au
Need
more information?
Business Licence Information Service (BLIS) Tel: 13 32 20
Business licensing (motor dealers, travel agents,
pawnbrokers and second-hand dealers). Tel: 9372 9290
Property services licensing (real estate agents,
business agents, stock and station agents, strata managing agents, on-site
residential property managers and conveyancers).
Tel: 9372 9299
Certificates of registration (real estate salespersons, business salespersons,
stock and station salespersons, strata managers, community managers,
on-site residential property managers and valuers).
Tel: 9372 9299
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