Originally posted by whatever Hi! I am in Australia and confuesed with LLC, do i need one in Australia? Do i still need an ABN or ACN? How much do these generally cost?
Like Taoron said, LLC is a type of co in the US.
In Australia, we have a Pty Limited. They are quite pricey to regsiter (around $800) but give your personal assets protection.
If you don't want to go that path, you can be a sole trader. Register a business name in your state and you're done.
GST registration is only necessary if your business earns over $50,000 gross per annum from Australian customers. You will need to do a lot of reading, speak with your accountant or ring the ATO and have a chat with them. They are very helpfull.