Here are the rules you need to know about to select, use or change an Australian private company name.
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A name is available unless it’s:
Under section 148 of the Corporations Act, a company may either use an available name OR the expression “Australian Company Number” followed by the company’s ACN.
You may use the abbreviations in the table below with or without full stops.
Co or Coy
Australian Company Number
Australian Business Number
You may reserve a name with the Australian Securities and Investments Commission (ASIC) and if the name is available, ASIC must reserve it.
The reservation will last for 2 months running from the date the application lodgement.
And, you may request an extension of the reservation and it’s up to ASIC whether they accept your extension.
You’ll need to use your company name on all public documents and negotiable instruments like documents guaranteeing the payment of specific amount of money.
However, you don’t need to use your ACN on cash register receipts.
You can’t use a company name with ‘limited’, ‘no liability’ or ‘proprietary’ or an abbreviation of those words. To avoid any confusion, you can use these at the end of your company name if that's what you've selected on your company registration form.
To change a company name, you must pass a as special resolution adopting a new name and lodge an application form with ASIC.
There are special rules for changing a company name if the company is under external administration.
ASIC may direct a company in writing to change its name within 2 months if:
ASIC will need to issue a new certificate of registration. However, changing a company name does NOT: