Australian Registered Business Number

The Australian Registered Business Number (ABRN) is a unique identifier assigned to businesses operating in Australia. It is a 11-digit number that serves as a way to identify and track businesses for various purposes. The ABRN is administered by the Australian Taxation Office (ATO) and is an essential requirement for businesses engaging in commercial activities.

Obtaining an ABRN is a straightforward process for most businesses. It involves registering with the Australian Business Register (ABR), which is maintained by the ATO. The ABRN is typically issued upon successful registration, and businesses are required to display their ABRN on their invoices, receipts, and other official documents.

The ABRN serves several important functions. Firstly, it facilitates the administration of the Goods and Services Tax (GST) system. Businesses with an annual turnover of $75,000 or more must register for GST, and the ABRN is used to identify these businesses for taxation purposes.

Additionally, the ABRN is used for other government transactions, such as applying for an Australian Business Number (ABN), accessing government grants and benefits, and participating in certain government contracts. It also enables businesses to interact with government agencies, financial institutions, and other organizations more efficiently.