ASIC expects to commence operating a new Business Names register from 28 May 2012 which will allow for the national registration of Business Names rather than the current State-by-State system.
Once implemented all new business names will be handled by ASIC and existing State-based registrations will automatically be transferred into the new system. There is likely to be some duplication and clients are advised to check the ASIC register after 1 June.
If you intend operating a new business from the anticipated date of commencement, the application to register the new name will be made to ASIC. We encourage you to seek advice to ensure you are covered when the change happens, and that your future business plans take this change into account.