Every business must meet compliance requirements. This is the law.

The number and complexity of compliance requirements depends on:

• your business structure
• the type or business you will operate
• the industry your business will operate in.

Compliance means the observance and application of all legal, tax, accounting, workplace and safety laws and regulations that affect your business.

Depending on your business, the following Government Departments require compliance and application of their requirements:

• Australian Securities and Investments Commission (ASIC)
  
• Australian Taxation Office (ATO)
  
• Australian Competition and Consumer Commission (ACCC)
  

Download the NSW Department of Fair Trading Starting a Business brochure

Visit the NSW Business Licence Information Service