Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Does my company need an ABN (Australian Business Number) and a TFN (Tax File Number)?

April 26, 2017ABN Australian Business COMPANY file tax TFN

0

Posted

Does my company need an ABN (Australian Business Number) and a TFN (Tax File Number)?

1 Answer

0

Posted

No, since your company will not make any profit or hold any assets it does not need either, nor does it need to lodge a tax return, but it will need to lodge an annual ASIC return.