A sole trader is an individual operating a registered business. A sole trader may utilise their own personal Tax File Number to lodge any income tax returns and will require an ABN if they have a registered business name.
A partnership is a group or association of people who operate a business and distribute income or losses between themselves. A partnership has its own Tax File Number and must hold an ABN which they will use for their business dealings.
To set up a membership and accounts for your sole trader or partnership, you will need to provide original or original certified copies of the following documents:
Prepare your documents
You will need to provide a business extract issued by ASIC, dated within last 30 days.
Attend a branch
All business owners must attend a branch with the required documents and primary photo identification or return certified copies to:
PO Box 8609, Perth BC 6849
Complete a request form
Complete and sign a non personal membership application form and finalise your membership.
For more information contact us on 13 25 77.
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