Home – New Forums Starting your journey Who is the representative for a new business name?

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  • #991215
    ToBeOrNotToBe
    Member
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    Hello,

    I have started a company which is the trustee for trust.
    The trustee has an ABN number.

    I am now looking at registering another business name that will use the same ABN number.

    When going through the ASIC process, one of the questions is:
    Organisation representative details:
    Is the organisation representative an individual, or a company or registered body?

    And I have two options to choose from:
    Individual or Company

    I do not know which one of them should I choose, any suggestion would be greatly appreciated.

    #1180500
    Dave Gillen – Former FS Concierge
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    Hi there,

    Welcome to the forum!

    Sounds like an individual to me, but hopefully someone will be able to set you straight. In the meantime, could you call ASIC and get the right answer straight from them?

    Good luck!

    Dave

    #1180501
    Dream_Catchers
    Member
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    ToBeOrNotToBe, post: 210504 wrote:
    Hello,

    I have started a company which is the trustee for trust.
    The trustee has an ABN number.

    I am now looking at registering another business name that will use the same ABN number.

    When going through the ASIC process, one of the questions is:
    Organisation representative details:
    Is the organisation representative an individual, or a company or registered body?

    And I have two options to choose from:
    Individual or Company

    I do not know which one of them should I choose, any suggestion would be greatly appreciated.

    I have been doing a lot of research regarding this as we are starting up a business (although not a company) with a trust also where I am the trustee.

    Since you have the company I would think ‘it’ would be the representative?
    You state the new business will hold the same ABN number as the company, so that’s my reasoning.
    Correct me if i’m wrong..

    #1180502
    PRO
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    Your ABN should read

    The Trustee for the ???? Trust

    If the Trustee has an ABN then it may be the ABN for the company in its own right.

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