Business Plan and Registrations ( ABN )
Setting up a successful business requires careful planning and adherence to legal requirements. Our expert team is here to guide you through every step of the process, starting with the creation of a robust business plan that outlines your goals, strategies, and financial projections. We ensure that your plan aligns with industry best practices and prepares your business for sustainable growth. Additionally, we handle all necessary registrations, including obtaining an Australian Business Number (ABN), which is crucial for legally operating your business in Australia. With our comprehensive support, you can focus on building your business while we take care of the essential groundwork.
Company registrations (ACN)
Company and ASIC registration are no harder with the help of certified professional accountants on the premises of Canberra, Australia at MS Accountants. Our professional accountants and financial experts cater to the needs of your business by delivering the quality piece of their advice as consultancy and guide you on every single step of company registration according to the Australian laws and regulations. We provide documentation, planning, and preparing all the pre-requisites for your company registration process that you need for your business to get a registered number.
We help you focus on your business and company registrations’ concerns by providing all the advisory and consultant services. The best advisory services for the company and ASIC registration is delivered by the team of certified professional accountants and industry expert finance consultants.
We manage all the backup and consultancy services for your business that helps you in gaining optimum achievements that your business deserves.
Business Tax strategy
A well-crafted tax strategy is essential for maximizing your business’s profitability and ensuring compliance with tax regulations. Our team of tax experts specializes in developing tailored tax strategies that align with your business objectives while minimizing tax liabilities. We take a proactive approach, analyzing your financial situation, industry trends, and tax laws to create a plan that optimizes your tax position. Whether you’re a small startup or an established enterprise, we provide ongoing guidance to help you navigate complex tax requirements, take advantage of available deductions, and plan for future growth. With our strategic tax planning, you can achieve greater financial efficiency and focus on driving your business forward.
Agent Nomination
ATO Agent Nomination Requirements:
Effective from 13 November 2023, the agent nomination process will apply to all types of entities with an ABN excluding sole traders.
ATO requires all entities with an ABN (excluding Sole Traders) to link their business to their BAS or tax agent. This client-to-agent linking process must be completed before your tax agent can view your ATO profile or act as your BAS or tax agent.
You can follow steps provided by ATO https://www.ato.gov.au/tax-and-super-professionals/digital-services/in-detail/client-agent-linking-steps, to link use and provide access to your ATO record
Here is step by step guide:
Step 1.
Set up your myGovID
If you already have a myGovID
Go to step 2
- Download the myGovID app
- Follow these instructions to set up your myGovID
- Choose either a Strong or Standard identity strength.
A Strong identity strength may mean you can complete step 2 online instead of contacting us.
Important:
Your myGovID is unique to you, using your personal information – you cannot share it with others.
Finished setting up your myGovID? Go to Step 2
Step 2.
Link your myGovID to your ABN in Relationship Authorisation Manager
If you have a Strong myGovID identity strength and your name is listed in the Australian Business Register you can link your ABN online by logging in to Relationship Authorisation Manager, selecting link my business and following the prompts.
- You’ll need to contact us to complete this step if you:
- have a Standard myGovID identity strength
- are a primary person who’s not listed as an individual associate in the Australian Business Register.
If your ABN is linked in Relationship Authorisation Manager, go to Step 3
Step 3.
Log in to Online Services for business
Use your myGovID to log in to Online services for business.
Go to Step 4
Step 4.
Nominate your agent in Online services for business
Important:
You will need your agent’s registered agent number for this step. Ensure your agent has provided this to you.
Tip:
Refer to the screenshots on the next page to help you complete this step.
From the Online services for business home page:
- select Profile, then Agent details A
- at the Agent nominations feature, select Add B
- on the Nominate agent screen, go to Search for agent C
- type your agent’s registered agent number C
- check that the agent’s details are correct D
- complete the Declaration and select Submit D
- you’ll receive a nomination submission confirmation E
- you’ll see your agent’s details listed under Agent nominations F.
If you have completed your nomination, go to Step 5
Step 5.
Tell your agent you’ve nominated them
our agent will not receive an automated notification that you’ve nominated them, so it’s important to let them know when you’ve completed this step.
You can provide your agent a copy of the nomination confirmation E which you can print or save as a PDF.
Need help?
Contact us if you experience any errors while completing the agent nomination process. Before we can discuss your details or update your records, you must establish your identity.
The following screenshots will assist you to nominate your agent in Online Services for Business.
