What are ABN and ACN In Australia

What are ABN and ACN in Australia

An Australian Business Number (ABN) is an 11-digit unique identifier issued by the Australian Business Register (ABR). It is used to identify businesses and individuals operating as sole traders, freelancers, contractors, or under any business structure within Australia. Whether you’re starting a small side hustle, freelancing, or launching a full-scale business, an ABN is often the first official registration step.

✅ Who Needs an ABN?

You need an ABN if you:

• Are you running or starting a business in Australia
• Work as an independent contractor, consultant, or freelancer
• Sell products or services online or in person with the intention of making a profit
• Operate as a sole trader, partnership, company, or trust

🔹 Even international students in Australia can apply for an ABN if they work independently or operate a small business (e.g., Uber Eats, graphic design, online selling).

🎓 Do Students Need an ABN?

Yes, international students who plan to work as freelancers, independent contractors, or gig workers must apply for an ABN. Common examples include:

• Food delivery (Uber Eats, DoorDash)
• Ride-sharing (Uber, Ola)
• Freelancing (design, IT, content writing)
• Online businesses (dropshipping, tutoring, etc.)

👉 Important: Students must comply with their visa work restrictions, which generally allow up to 48 hours per fortnight during academic sessions.

If you’re unsure whether your job requires an ABN, you can get support from Student Consultants at [email protected].

📝 How to Register for an ABN

Registering for an ABN is free and easy. Follow these steps:

1. Visit the official Australian Business Register (ABR) website:
   👉 https://www.abr.gov.au/business-super-funds-charities/applying-abn
2. Select “Apply for an ABN”
3. Fill out your business or personal details
4. Submit the form

In most cases, your ABN will be issued instantly unless more information is required.

🏢 Types of ABNs (Business Structures)

ABNs are linked to your business structure:

Most individuals starting out—especially international students—choose to operate as sole traders for simplicity.

🔍 What’s the Difference Between ABN and ACN?

Summary:

• You need an ABN if you’re operating a business of any kind in Australia.
• You need an ACN only if you register a company through ASIC.
• A company will usually have both an ACN and ABN.

🌟 Benefits of Having an ABN

• Legally invoice clients and customers
• Register a business name with ASIC
• Avoid having 47% of your pay withheld (if you don’t provide an ABN)
• Register for GST if annual turnover exceeds $75,000
• Build credibility for your business
• Open a business bank account

🔗 Useful Government Links

• Apply for ABN: https://www.abr.gov.au
• ABN Lookup: https://abr.business.gov.au
• Register a Business Name: https://asic.gov.au/for-business/registering-a-business-name/
• What is ACN: https://asic.gov.au

🤝 Need Help? Contact Student Consultants

At Student Consultants, we help international students and new business owners navigate Australia’s business registration process. Whether you need an ABN, want to explore your freelance options, or understand tax obligations, our team is here to help.

📧 Email: [email protected]
🌐 Website: https://studentconsultants.com.au

⚠️ Disclaimer

The information in this article is intended for general guidance only. Laws, requirements, and eligibility criteria are subject to change. Please verify the latest information through official government sources such as:

• https://www.abr.gov.au
• https://www.ato.gov.au
• https://asic.gov.au

Student Consultants does not accept responsibility for any errors, omissions, or outdated information.