Alex is Sprintlaw’s co-founder and principal lawyer. Alex previously worked at a top-tier firm as a lawyer specialising in technology and media contracts, and founded a digital agency which he sold in 2015.
- Why Your Company Or Business Name Matters
- Company Name Vs Business Name: What’s The Difference?
Common Legal Questions About Names
- What makes a name “identical” or “nearly identical”?
- Do I need “Pty Ltd” in my company name?
- Can I use a name that someone else has registered as a business name if they’re in a different state?
- How long does a reservation last?
- What if my preferred name gets rejected?
- Do I need to worry about directors and addresses when naming a company?
- Does registering a business or company name give me exclusive rights?
- What happens if I plan to rebrand later?
- Key Legal Steps For Your Name Strategy
Picking a business name is one of the most exciting parts of starting a venture. It’s your brand’s first impression, your digital footprint, and the name customers will remember.
But before you fall in love with a name, you’ll want to make sure you can legally use it in Australia - and ideally, protect it. That’s where a proper company name check and (if needed) name reservation with ASIC come in.
In this guide, we’ll walk you through how to check availability, the difference between company names and business names, how to reserve a name, and what else you should do to protect your brand from day one.
Why Your Company Or Business Name Matters
Your name is more than a label - it’s an asset. The right name helps customers find you, builds trust, and can hold real value as your business grows.
From a legal perspective, your name also needs to comply with Australian rules. Using a name that’s “identical” to an existing one, or that includes restricted terms, can lead to rejection by ASIC or disputes later.
Getting it right early saves time and money. Think of this process as laying a strong foundation for your brand identity, your registrations, and future marketing.
Company Name Vs Business Name: What’s The Difference?
It’s common to mix up these terms, but they’re not the same - and each serves a different purpose.
- Company name: The legal name of a company registered with ASIC. If you set up as “Example Pty Ltd”, that’s your company’s official name. You’ll be issued an ACN and you must display the “Pty Ltd” suffix (if applicable).
- Business name: A trading name registered to an ABN holder (which could be a sole trader, partnership or company). If your legal name is “Example Pty Ltd” but you serve customers as “Example Creative”, you’d register “Example Creative” as a business name.
If you’re weighing up which path fits you, it helps to understand the legal and practical differences between a business name and a company name and how an entity name differs from a business name.
Key things to remember:
- You don’t need to register a business name if you trade solely under your own personal name (for sole traders). Once you add other words or a different name, registration is required.
- A company name is created when you register a company. You can also register a business name for that company if you want to trade under a different name.
- Registering a business name or company name does not, by itself, give you exclusive IP rights - for stronger protection, consider a trade mark (more on that below).
How To Do A Company Name Check (And Reserve It) With ASIC
Before spending on branding, domains and signage, do these checks.
1) Search ASIC’s registers
Search ASIC’s public registers for both company names and business names. ASIC won’t register a name that is identical to an existing registered or reserved name. Similar or nearly identical names can also cause confusion or be rejected, so look for close matches too.
Tip: Try different spellings, spacing, hyphens and common abbreviations. “Bright-Light”, “Bright Light” and “Brightlight” may be treated as identical or nearly identical under ASIC’s rules.
2) Check for restricted words and terms
Certain words are restricted or require approval - for example, “bank”, “trust”, “Royal” or terms suggesting you’re a government body. If your name implies a particular type of entity (like “Inc” or “Incorporated”) or a professional qualification, expect extra scrutiny or refusals if you’re not eligible.
3) Run a trade mark search
Even if ASIC accepts your name, you could still face issues if someone owns a similar registered trade mark in your category. Do a preliminary search on the trade mark database and consider whether you’ll need to register your trade mark to protect your brand.
4) Check domain names and social handles
Aligning your domain and social handles with your brand name is smart for marketing and SEO. If the exact match is taken, think about variations you’re comfortable with before locking in your name.
5) Reserve the company name (optional but helpful)
If you’re not ready to register the company but want to hold the name, ASIC lets you reserve it. A name reservation typically holds the name for two months, and you can apply for an extension if needed. This is useful if you’re preparing documents, waiting on approvals, or finalising investors.
Step-By-Step: Registering Your Name As A Business Or Company
Once your checks look good, it’s time to register - either as a company (with ASIC) or as a business name (against your ABN). The path you choose depends on your structure and growth plans.
Option A: Register a company (Pty Ltd)
Many founders choose to incorporate early for liability protection and credibility. If you go this route, you’ll register your company name as part of the process.
- Choose your structure and directors. Companies must have at least one director who ordinarily resides in Australia. If you’re unsure about director requirements, this quick guide to Australian resident director requirements is helpful.
- Decide on your company name. If you haven’t reserved it, you’ll enter it during registration. If you don’t choose a name, your company can register under its ACN initially and adopt a name later.
- Prepare your internal rules. Most companies operate under a Company Constitution instead of the replaceable rules in the Corporations Act. This document sets out governance and decision-making processes.
- Submit the application to ASIC. ASIC will issue your ACN and a certificate of registration when approved. If you want the process handled end-to-end, our team can manage your Company Set Up with the right documents in place.
- Get your ABN and tax registrations. Once registered, apply for your ABN and consider GST if you expect to meet the threshold.
- Put founder agreements in place. If you have co-founders or plan to bring on investors, a robust Shareholders Agreement clarifies ownership, decision-making and exits from day one.
Option B: Register a business name (sole trader, partnership or company)
If you’re not ready to incorporate, or your company will trade under a different name, register that trading name as a business name.
- Have your ABN ready. Business names are registered to an ABN holder (which could be you as a sole trader, a partnership, or your company).
- Apply for the business name. Use the exact spelling you’ve checked. Keep in mind that words, punctuation and spacing matter for identity checks.
- Select your term. Business names can be registered for one or three years and renewed before expiry.
- Keep your details current. If addresses or ownership change, update them promptly to avoid lapses and fines.
If you’d like help navigating this process, we can register your Business Name and ensure the details are set up correctly.
Which should I choose: company name or business name?
It depends on your goals and risk profile. A company structure creates a separate legal entity (and can protect your personal assets), while a sole trader or partnership is simpler to start but involves personal liability. If you plan to scale, take on investment, or hire staff, incorporation is often worth considering early.
Protecting Your Brand Beyond Registration
Registering a company or business name means you can legally trade under that name. But it doesn’t automatically stop others from using something similar. If brand protection matters to you (and it usually does), take these steps.
Register your trade mark
A trade mark protects your brand name, logo or tagline for the goods/services you provide. It gives you enforceable rights across Australia in those classes, which is stronger than a business name registration alone. If you’re serious about brand protection, consider filing to register your trade mark once you’ve settled on a name.
Secure your domains and social handles
As soon as you’re confident in your name, secure relevant domains (.com.au, .au, .com) and social handles. This reduces the risk of impersonation and helps customers find the real you.
Use the name consistently and correctly
Companies should use the full legal name (including “Pty Ltd” where required) on invoices, contracts and official communications. If you’re trading under a business name, display it where customers would reasonably expect to see the trading name. Consistency builds trust and reduces confusion.
Set your internal governance
Protecting your brand isn’t only public-facing. Internally, ensure your company has the right governance documents (like a Company Constitution) and founder arrangements (such as a Shareholders Agreement) so decisions about the name, brand or rebrands are clear and agreed.
Common Legal Questions About Names
What makes a name “identical” or “nearly identical”?
ASIC has rules for what counts as identical. Small differences like punctuation, spacing, special characters, certain words (like “the”), or business type indicators often don’t distinguish a name. That’s why thorough searches and considering variants are important.
Do I need “Pty Ltd” in my company name?
If you’re registering a proprietary limited company, your company name must include “Pty Ltd” (or “Pty Limited”). This suffix signals your entity type to customers and suppliers.
Can I use a name that someone else has registered as a business name if they’re in a different state?
Business names are national - there’s no state-by-state exclusivity. If a name is already registered to someone else, you generally can’t register the identical name for yourself. Even if you could use a similar name, consider the confusion risk and potential trade mark issues.
How long does a reservation last?
ASIC name reservations typically last two months. You can apply for an extension if you’re not ready to register your company within that window. Reservation is optional; if you’re ready, you can register the company straight away instead.
What if my preferred name gets rejected?
You can tweak the name and try again, or consider a fresh direction. Sometimes adding a distinctive word or reworking the order helps - but avoid minor cosmetic changes that still look identical under ASIC’s rules. If you’re unsure, we can advise on names more likely to pass and help you progress your registration.
Do I need to worry about directors and addresses when naming a company?
Yes - these are part of the broader company registration process. You’ll need at least one Australian-resident director, a registered office, and governance documents. If you want a smooth, compliant setup, our Company Set Up service covers the paperwork and structure decisions in one go.
Does registering a business or company name give me exclusive rights?
No. It lets you trade under that name but doesn’t grant exclusive IP rights. For stronger protection against copycats or confusingly similar brands, look at trade marks - you can explore options to register your trade mark in the relevant classes for your goods/services.
What happens if I plan to rebrand later?
Rebrands are common. Just ensure you update your registrations (company name change or new business name), domain and social handles, contracts, and customer communications. Plan the timing so your brand transition is clear and legally compliant.
Key Legal Steps For Your Name Strategy
- Run a comprehensive name check across ASIC’s company and business name registers, plus trade marks, domains and socials.
- Understand the difference between your company name and business name and when to use each.
- If you need time to prepare documents, consider reserving your company name with ASIC for two months.
- When you’re ready, register your company with the right documents in place (a Company Constitution and, if relevant, a Shareholders Agreement) or register your Business Name against your ABN.
- Registration alone doesn’t create exclusive rights - protect your brand by applying to register your trade mark in the relevant classes.
- Use your name correctly and consistently on invoices, contracts and your website to build credibility and stay compliant.
If you’d like a consultation on checking and reserving your company or business name in Australia, you can reach us at 1800 730 617 or team@sprintlaw.com.au for a free, no-obligations chat.







