It will generally take 15 minutes for you to complete the OnceForm for a Sole Trader with Veromo. After submission and payment we will lodge your registrations with the requisite government agencies.
The formation of your Sole Trader business will take about 1-2 hours once you have submitted your OnceForm.
Once we've registered your ABN, we will then lodge your business name with ASIC. However, it should be noted that ASIC Business Name registrations are reviewed by ASIC Monday to Friday within business hours. Any lodgements over the weekend or outside of these hours will be processed during business hours.
You will receive an email confirmation from us once your Sole Trader business has successfully registered.