1. Business Legal
Requirements
Every business who sells and buys
goods and services is affected by laws

2. Registration and licensing
 There are over 700 licenses that can be issued to
business in order to operate.
 Restaurants, hairdressers etc must have a licence
to operate.
 In QLD owners must go to the website
www.sd.qld.gov.au/dsdweb/htdocs/slol
 HAVE A LOOK AT THIS NOW PLEASE

3. Registering the business name
 Laws cover the names businesses use. Business
must not use the same name as another
business.
 Names can be searched using the department of
fair trading web page
 www.fairtrading.qld.gov.au
 GO TO THIS NOW and click on the names search
section

4. ABN
 All businesses in Australia must be registered for
an ABN. (Australian Business Number)
 Once this is done businesses can then choose to
register for GST if they earn over a specified
amount $70 000

5. Employing Staff
 Many factors influence how staff can be paid
 Full Time
 Part Time
 Casual
 Contracts
 Other factors employers must take into consideration include
PAYG – Pay as you go tax which is tax withheld from wages
 Employers must also contribute 9% super and have workers
compensation insurance.

6. ASSIGNMENT
 Teacher will now distribute the assignment for
you to look at