ASIC has responded to privacy concerns raised by home-based businesses by giving the option of using a postal address instead of a physical address as the address for service of documents. It also benefits rural and remote businesses where mail can’t be delivered to a physical address.
Holders of new business names can provide a postal address as their address for service of documents when completing their registration application using ASIC Connect. Existing business name holders can update their details using the ‘Change business address’ transaction.