Superannuation (SMSF) document

ABN Registration - SMSF

Use Cleardocs to apply for your SMSF's ABN and TFN and/or register for GST.

To be entitled to an ABN, your SMSF must:

be an Australian superannuation fund for tax purposes;
have governing rules (a trust deed);
be an indefinitely continuing fund;
have the sole purpose to provide super benefits to members upon reaching a prescribed age or upon their retirement, death or other cessation of employment;
hold assets; and
not be owned or controlled by a state/territory or local government.

Cleardocs can also arrange ABN, TFN and GST registrations for your:

10 minutes

$58.30

Cleardocs fee incl GST $58.30

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Product Benefits

Apply for your fund's ABN, TFN & register for GST with your Cleardocs SMSF set up
Your application for an ABN is pre-populated with your Cleardocs fund information — saving you time and typing
Easy, stress free, and great helpline service
Cleardocs can lodge your ABN, GST and TFN application, trouble shoot and notify you when your ABN is active and ready to use

Product Information

How will I be notified of the registrations?

After the applications have been processed:

the ABN and GST registration will appear on ABN Lookup;
Cleardocs will send an email confirming the ABN is active;
the Australian Business Registrar will send written confirmation of the ABN registration; and
the TFN will be sent to the nominated address for service and receipt of notices.

What information do you need for an ABN, TFN and GST application?

Our checklist outlines all the information you require.

Do I need an ABN for my SMSF?

Yes. The SMSF will obtain an ABN as part of registering with the ATO and choosing to become a regulated superannuation fund.

To obtain an ABN, your fund must have:

at least 1 trustee;
a trust deed;
identifiable members; and
assets put aside for the benefit of its members.

Also, you need an ABN to register for GST.

If you are unsure whether to apply for an ABN, you should seek professional advice.

Is the trust entitled to an ABN?

To be eligible for an ABN, your SMSF must:

be an Australian superannuation fund for tax purposes;
have governing rules (a trust deed);
be an indefinitely continuing fund;
have the sole purpose to provide super benefits to members upon reaching a prescribed age or upon their retirement, death or other cessation of employment;
hold assets; and
not be owned or controlled by a state/territory or local government.

When should I register for GST?

Entities carrying on an enterprise in Australia with a GST turnover of $75,000 or more, must register for GST. If you run a business and your GST turnover is less than $75,000, registering for GST is optional. Some types of business must register for GST regardless of their GST turnover, (eg. if you are a taxi driver).

You will need to apply for an ABN to register for GST.

If you are unsure whether you need to register for GST, contact the Australian Taxation Office, or contact your professional advisor.

Can I register for GST via Cleardocs if I already have an ABN?

If you decide to apply for GST at a later stage, or if you already have an ABN, you need to register directly with the relevant government agency. If your ABN application is delayed or refused you will not be able to continue to apply for other business registrations.

What happens if my ABN is refused and I receive a reference number?

If you receive a reference number it may mean that:

your identity (or the identity of an associate) cannot be verified, or
more information is needed.

The ABR will review your application within 20 business days. And it may take 24-28 business days to generate an ABN. The ABR advice the applicant to wait for at least 20 business days before following up.

If unsuccessful you will receive a refusal number. You will receive a letter within 14 days confirming your application has been refused.

How long it will take for ABN, GST, TFN?

ABN

If your application is processed successfully, then you'll receive your 11-digit ABN immediately, but it usually takes about 4-6 hours before the ABN is visible on the ABN Lookup.

GST

GST registration usually takes 4-6 business hours.

TFN

The TFN will be received via mail within 14 days after the TFN application was submitted.

Updating (or cancelling) your ABN

It is important to update your information with the ABR within 28 days of becoming aware of any changes to your ABN details. Your ABN may be cancelled if information shows you are no longer carrying on a business.

You can update or cancel your details through the Australian Business Register.

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Superannuation (SMSF) document