Selecting the appropriate business activity for your Australian Business Number (ABN) application is a crucial step that defines the primary nature of your business to the government and community. It's important to choose the category that most accurately reflects your business operations.
For instance, if you're involved in dropshipping, you might consider the 'Non-Store Retailing' category, which is broad enough to encompass various types of products sold online without a physical storefront. The Australian Taxation Office (ATO) provides a Business Industry Code tool that can help you find the most relevant code for your business. It's advisable to consult this tool and consider the main products or services you intend to offer when making your selection.
Remember, the category you choose should align with your primary business activities to ensure compliance and avoid complications with your ABN application.
You do not need to pick a category that exactly matches the type of activities your business will conduct. It merely has to be most applicable option. If no options appear or none that fit your circumstances you can alter the words of the main business activity e.g. change medical to health.