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Post by Half Schumacher on Jul 26, 2005 10:26:08 GMT 10
it's not that expensive to start a business. i don't know about other states but in QLD, it costs around $180 to register a business name and u're ready to start.
but it's the other cost and responsibility and risk that is the biggest problem and i surely wouldn't wanna be in that role.
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Post by asiansquad on Jul 26, 2005 10:47:55 GMT 10
haha registering business name in vic is only $70.00
you don't need a company name just a business name and abn for .au domain names
getting abn's are free
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Post by asiansquad on Jul 26, 2005 10:49:03 GMT 10
but it's the other cost and responsibility and risk that is the biggest problem and i surely wouldn't wanna be in that role. what other costs, responsibility and risks would there be if you're only registering the business name to register a .au domain name? |
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Post by Half Schumacher on Jul 26, 2005 11:45:34 GMT 10
ok, is $70 a once for all fee or it's an annual fee. in QLD, we have to renew every year.
so who will go to register a businese name and ABN? let's assume it will be the site admin. if u're registering as an individual, u have to summit your ABN application with your TFN. now assume the admin is a person who doesn't have one yet. is it a good idea to apply for a TFN just to make this works? if the admin has a TFN, do you think it's a good idea to have this be associated with his/her personal tax affairs.
now if the admin decided to charge membership fee to cover his costs, would any surplus money be regarded as income which is subject to tax? let's not bring GST into it as i assume we won't have membership fee in excess of $50k a year. given the admin is a normal person who has no idea how the Aussie tax system works, he would then have to consult an accountant for advise which would incur cost etc.........
do u see what i'm getting at?? the above may or may not actually happen but it's just too complicated and i don't see why we should get ourselves into this mess so that we can have a .au domain name.
i guess we can apply to be a non profit organisation but that's another matter with it's cost vs benefit to consider.
ps. post edited for spelling.
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Post by asiansquad on Jul 26, 2005 12:47:50 GMT 10
registering as a non profit organisation will get u a .org.au
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Post by channeldavid on Jul 26, 2005 13:08:11 GMT 10
I totally don't understand what Philip was talking about!! haha!! i am not in business field!! haha!!
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ahcash
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Post by ahcash on Jul 26, 2005 13:20:37 GMT 10
No lah .. for the time being.. we are only running a forum.. so, a domain name .com .org would be sufficient...
In a year or 2.. we will review.. HEHEHE.!!! and elect board of directors... ;D
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Post by Half Schumacher on Jul 26, 2005 13:21:19 GMT 10
yes i guess but i have no idea for the procedures to register as a non profit org.
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Post by Half Schumacher on Jul 26, 2005 13:25:43 GMT 10
I totally don't understand what Philip was talking about!! haha!! i am not in business field!! haha!! come on, i spent 4 years in high school, 3 years in Uni and other 2.5 years for professional qualification to understand all this................. |
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Post by bobcat on Jul 27, 2005 20:29:01 GMT 10
hey just a thought
i have my own company, already has abn, maybe i can just apply on behalf on the site?
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ahcash
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Posts: 1,463
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Post by ahcash on Jul 27, 2005 20:41:35 GMT 10
hey just a thought i have my own company, already has abn, maybe i can just apply on behalf on the site? Thanks for the offer bobcat... I think we will remain as is for the time being. We are not trying to do business here anyway... not worth all the trouble just to get a .au domain name... Thanks dude.. you are a great guy!!!  |
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Post by bnefit on Jul 27, 2005 23:17:19 GMT 10
thanks for the offer bobcat!
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Post by Half Schumacher on Jul 28, 2005 9:14:28 GMT 10
hey just a thought i have my own company, already has abn, maybe i can just apply on behalf on the site? bob thanks for your offer but i think it wont work cos in order to register for a .au domain name, your business would need to have a connection to the proposed domain name. your business would needs a name of Jazz or Fit or have a products that is named Jazz or Fit etc for it to work. they do this to prevent people to register domain name to sell to big corp for highly inflated price. |
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Post by bnefit on Jul 28, 2005 10:21:18 GMT 10
ok i'll set up a trading company call fit trading ;D then we can set up a domain  |
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Post by Half Schumacher on Jul 28, 2005 10:46:52 GMT 10
but a company will cost over $1k to incorporate. that $$ is better spend on mods la.
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