Home – New Forums Starting your journey starting to import

  • This topic is empty.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • #994971
    mayhew18
    Member
    • Total posts: 3
    Up
    0
    ::

    hey there!
    im starting to a business in importing a product from china and selling it inside shopping centres around Melbourne. i had a question regarding the business set up.

    I have an ABN as a sole trader, does this mean i can use my current solo bank account and ABN to sell products in shopping centers and on Amazon?

    Or would i need to register with the ACN and put separately under my ABN, thanks
    liam

    #1199383
    Paul – FS Concierge
    Keymaster
    • Total posts: 3,488
    Up
    0
    ::

    Hi Liam,

    You should not have any problems using your existing ABN if the shopping centre does not require you to have a company.

    Typically, you will have a registered business name linked to your ABN and your business bank account will have a record of both.

    You may need Public Liability Insurance but a quick call to one of the centres you are interested in should give you most of the information you need.

Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.