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Curious how much a business licence costs? Here is what you need to know about a business licence, and what you can expect to pay.
This article is for educational purposes and does not constitute legal, financial, or tax advice. For specific advice applicable to your business, please contact a professional.
If you are just starting your business, you may need a business licence or permit depending on your industry, business type, and location. Here are some resources to help you find the licensing your business may require and potential costs you could incur.
What is a business licence?
A business licence is a permit issued by a government agency (it can be a federal, state, city, or local agency) that allows individuals or companies to conduct business in that geographic location. They also help to protect your employees. When you first register a business, you should also look at the relevant licences you may require to get started.
What are different types of business licences?
Businesses that commonly require a licence include:
- Security providers
- Second-hand dealers
- Liquor stores
- Motor dealers and salespeople
- Pest control operators
- Real estate agents
- Building trades
- Transport operators
- Food and beverage companies
Do I need a business licence?
The Australian Business Licence and Information Tool (ABLIS) is a free online service that can assist you to determine the necessary local, Queensland and Australian government licences, permits, registrations and approvals you may require to operate your business.
If you require a licence to operate but not having the right licence can lead to fines, legal action, or your business being shut down.
Getting the right business licence
To ensure you are complying with the law, your business may need to register to get a licence or a permit. The ones you need will depend on how your business is set up, where it is, what industry or sector you work in, whether you have employees and the kind of business you’re running.
Because each level of government handles different registrations, licences, and permits, it can be a challenge to figure out what you need to do.
How much does a business licence cost?
It depends on the licence and it depends on your location. There are many different types of business licences used across the various industries in Australia that it’s difficult to determine what the cost will be for a licence/s. Your best bet is to fill out your details on the ABLIS website and then see what permits you will require. Then contact the relevant parties (local council etc) to determine the cost.