All business names registered with the Office of Fair Trading, Queensland will be converted to a national business name and transferred to a new national register on 28 May 2012.
The new national register is administered by the Australia Securities and Investments Commission.
The new national register will:
- Dispense with the need for business to register their name in more than one state or territory;
- Allow you to renew and register your business name online; and
- Result in reduced registration fees ($30.00 for one year renewals and $70.00 for three year renewals).
You do not have to do anything as all current business names will be automatically converted to the new national register, including the current expiry date.
Once the new national register commences, all correspondence (business name renewal notice etc) will come from the Australia Securities and Investments Commission.
The Queensland register will cease operation on 25 May 2012 at 5:00pm.