Is My Company Automatically Issued An ACN?

Does my company get an Australian Company Number when I register it? 

Yes, when you register a new company in Australia, you will be assigned an Australian Company Number (ACN). The ACN is a unique nine-digit number that is assigned to your company by the Australian Securities and Investments Commission (ASIC) at the time of registration. This number is used to identify your company and is included in the public register of companies maintained by ASIC. The ACN is a permanent number and will remain the same throughout the life of the company.

When setting up a company in Australia, one of the most important aspects is obtaining an Australian Company Number (ACN). The ACN is a unique nine-digit identifier assigned by the Australian Securities and Investments Commission (ASIC) that distinguishes your company from others in the marketplace. Obtaining an ACN is a crucial step in the process of setting up a company in Australia, as it is required for various legal and administrative purposes.

So, does your company get an ACN when you register it? The answer is yes. When you register a company in Australia, you are automatically assigned an ACN by ASIC. The ACN serves as an official identifier for your company, and it is required to be displayed on all company documents, including invoices and contracts.

It is important to note that obtaining an ACN is mandatory for all companies registered in Australia, regardless of their size or the type of business they conduct. This means that whether you are setting up a small sole trader business, or a large publicly-listed company, you will need to have an ACN.

The process of obtaining an ACN is simple and straightforward. When you register your company, you will need to provide ASIC with certain information, including the company's name, its registered office address, and details of the company's directors. Once ASIC has received this information, it will assign an ACN to your company and send you an official certificate of registration.

Having an ACN is an important aspect of company registration in Australia, and it is essential for complying with various legal and administrative requirements. For example, your company will need to have an ACN in order to apply for an Australian Business Number (ABN) or to register for Goods and Services Tax (GST). Additionally, having an ACN can make it easier for your company to enter into contracts and to conduct business with other companies, as it provides a measure of credibility and legitimacy.

In conclusion, your company will automatically receive an ACN when you register it with ASIC. The ACN serves as an official identifier for your company, and it is required for various legal and administrative purposes. By obtaining an ACN, you can ensure that your company complies with the legal requirements in Australia, and that it is able to conduct business with other companies with confidence. If you are looking to register a company in Australia, it is important to ensure that you have an ACN, and to display it on all of your company's documents.