• Changing your client's business structure

    In most cases, if your client changes their business structure they will need to cancel their existing Australian business number (ABN) and apply for a new one as they may no longer be operating under the business structure for which they received the ABN.

    Attention

    Before changing a business structure your client should understand the impact this will have on their business and clients. This may include changes to tax obligations and other business registrations.

    End of attention

    Examples of when they need to cancel their ABN:

    • individual/sole trader to partnership
    • partnership to company
    • individual/sole trader to company

    Read more about business structures as they relate to ABN registration.

    End of find out more
    • Last modified: 15 May 2017QC 940