Corporations Act company
Companies incorporated under the Corporations Act 2001 (Cth) in Australia and registered as a company with the Australian Securities Investments Commission (ASIC)External Link are entitled to an ABN.
A co-operative is entitled to an ABN if it is carrying on an enterprise and registered with the relevant state or territory authority.
A co-operative is a member-owned organisation that operates for the benefit of its members who share in the group’s investment and operational risks, benefits and losses. A co-operative is a legal entity separate from its individual members. It can hold property, sue and be sued in its own name.
For ABN purposes, an incorporated entity can be:
These entities are entitled to an ABN if they are carrying on an enterprise and the following apply:
Other entities entitled to an ABN
An unincorporated entity is entitled to an ABN if it is carrying on enterprise. An unincorporated association or body of persons is a group of individuals who come together to further a common interest, without forming a legal structure. These associations usually have club-like characteristics, for example a sporting club or social club.
A strata title is entitled to an ABN if it is carrying on an enterprise. A strata title is where a title to a piece of property is divided into a number of units. A strata title must have a strata corporation. This is the legal body that looks after and administers the land for the benefit of its members, including the maintenance of common areas.