How to cancel a business name

Download the full user guide (including screenshots) as a PDF (868KB)  

ASIC Connect is the online system used to manage your business name. 

You can cancel a business name from your ASIC Connect account. 

Further assistance about using ASIC Connect can be accessed via the Help button at the top right-hand side of the screen. 

Get started

To get started, visit the ASIC website at www.asic.gov.au.

  • Click on the blue ASIC Connect box. This will take you to ASIC Connect.

Log in

Go to ASIC Connect and select 'Log in'. 

  • If you do not have an ASIC Connect account select 'Sign up'.
  • Log in using your email address and password.

If you haven't already done so, you will need to link your business name to your account. For assistance with linking see our How to link a business name to your ASIC Connect account user guide. 

  • If you do not have an ASIC Connect account select 'Sign up'.

You can refer to our user guide How to sign up for an ASIC Connect account

How to cancel a business name

Select the 'Lodgements & Notifications' tab at the top of the screen.

  • Select the business name you would like to cancel.
  • In the transactions column, select 'Cancel/Transfer Business Name'.
  • Select 'Go' to continue.

Select the option to indicate you would like to cancel the business name. 

  • Select 'Next' to continue. 

Review

Check that the information displayed is correct.

  • Select 'Submit' to continue.

Declare

Read the declaration to ensure you agree with the conditions of the transaction.

  • If you agree, tick the boxes next to the declaration to proceed.
  • Select your authority for submitting the transaction.
  • Select 'Next' to continue.

Confirmation

This screen confirms your transaction has been submitted. 

  • Select 'Print the transaction' to download a printable PDF version of the transaction.
  • Select one of the links under What else can I do for more information about other services or
  • Select 'Home' to return to the ASIC Connect home page. 

Note: The cancellation will not come into effect until 28 days after you receive the Notice of intention to cancel a business name email from us. If no email address is recorded, your notice will be sent to the address for service recorded on our register. 

What is an ASIC key?

Your ASIC key is a unique number used in ASIC Connect that helps us establish your identity and protects your business information by making sure only you and those you have authorised can access it.

Learn more about ASIC keys

What is a corporate key?

A corporate key is an 8-digit number uniquely associated with a company’s ACN. Your company needs only one corporate key.

Learn more about corporate keys

What is an invitation key?

An invitation key is a unique key to register for, or connect to an entity in, the ASIC Regulatory Portal.

Learn more about invitation keys 

What is an industry funding security key?

Your industry funding security key is a unique number used to launch an online transaction in the ASIC Regulatory Portal that will enable us to calculate your final industry funding invoice. You will be prompted to submit business activity metric information on the operation of your business in the previous financial year.

Learn more about industry funding security keys

Last updated: 30/03/2021 09:22