We’re currently open to any Australian resident who is a director of a limited company, and non-limited businesses that are structured as a company or sole trader.

ANNA is a mobile business account that provides admin support and tax reminders, not a bank. Your ANNA business account comes with a debit card, an account number and a sort code, but we do not offer credit or loans. Our app supports busy people through brilliant AU-based customer service.

The Australian Business Number (ABN) is an 11-digit identifier unique to each business in Australia. It allows other companies to verify your business identity, ensuring accurate transactions and payments.

Once your business is registered, you can find your ABN or look up other businesses using the Australian Business Register's free online service available at the Australian Government's official website: Australian Business Register (ABR)

In Australia, individuals and entities engaged in commercial activities involving the exchange of goods or services for money are encouraged to obtain an Australian Business Number (ABN).

While not legally mandatory for all businesses, having an ABN offers significant advantages. It streamlines business operations and is particularly beneficial if you plan to:

1. Utilize financial management tools like ANNA
2. Register for Goods and Services Tax (GST)

An ABN simplifies various business processes and can be essential for certain financial and tax-related activities.

Having anAustralian Business Number (ABN) offers several benefits:

1. Simplifies tracking business transactions for tax purposes
2. Helps distinguish between personal and business activities

ABN and GST registration requirements:

• Mandatory for businesses with a GST turnover of $75,000 or more
• Essential for claiming GST credits on business-related purchases

An ABN is crucial for proper GST management, allowing you to reclaim GST paid on goods and services used in your business operations.

For comprehensive information on ABNs and GST, consult the Australian Taxation Office's official resources. They provide detailed guidance on business tax obligations and benefits and you can find them here: ATO Business Portal

You are eligible if you:

• register a Pty Ltd company using ANNA Money’s company registration service and successfully complete registration;
• open an ANNA Money Business Account for the newly registered company and make your first transaction.

AUD $305.00 will be credited to your newly registered company’s ANNA Money Business Account within 3-5 business days once all steps are completed.

You are eligible if you:

• register a Pty Ltd company using ANNA Money’s company registration service and successfully complete registration;
• open an ANNA Money Business Account for the newly registered company and make your first transaction.
• fund your ANNA Money Business Account with at least AUD 50 and, within 7 calendar days of company registration, use your ANNA card to complete one or more business-related transactions totalling at least AUD 50.