What you need to know when registering a business name 2025

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A business license is not the same as registering an LLC. They both have separate purposes and are individually beneficial for your business.
How to register a business name using ASIC Connect Log in to ASIC Connect and select the Licences and Registrations tab at the top of the page. Select Business name from the drop-down box. Enter your Australian Business Number (ABN) Enter the proposed business name. Select the registration period.
Its also perfectly legal to open a business without setting up any formal structure. Youll gain simplicity but miss out on some key protections. Heres a look at the risks and benefits of starting a business without an LLC.
If your business already earns a profit or if it carries any risk of liability, you should start an LLC immediately. Many folks say you should form an LLC once you earn over $100,000. However, many lawyers insist you start an LLC from the get-go.
The cost of registering a business name varies based on a few factors. In the United States, business name registration fees typically range from $10$150, depending on your state and the type of registration you need.
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You dont need an LLC to start a business, but, for many businesses the benefits of an LLC far outweigh the cost and hassle of setting one up. Ready to start your business? Plans start at $0 + filing fees.
For most small businesses, registering your business is as simple as registering your business name with state and local governments. In some cases, you dont need to register at all. If you conduct business as yourself using your legal name, you wont need to register anywhere.
**Send a Letter to the IRS**: You need to send a written letter to the IRS explaining that you forgot to add LLC when applying for the EIN and request the correction. - Include your EIN, current business name (as registered with the IRS), and the corrected business name (including LLC).

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