How to become a Sole Trader

In order to become a Sole Trader, you will need to make an Australian Business Number (ABN). This is an 11-digit number used to identify your business for taxation purposes. Most Australian businesses need an ABN, and luckily it is very quick, easy, and free to make. You just need to have eligibility to work in Australia to create an ABN.

If you already have or had an ABN, you can use it or reactivate it to work with Lend A Friend, otherwise you can make an ABN using the instructions below.

Making an ABN