Frequently Asked Questions

Can I have and use an ABN while bankrupt?

Yes, you can continue to operate a business and use your ABN after becoming bankrupt.

QUICK TIP: If you already have an ABN the ATO will deactivate it when they are notified of your bankruptcy. All you have to do is contact the ATO and tell them that you would like to reactivate your ABN.

If you would like to commence operating a business for the first time while bankrupt, you are not restricted from applying for and obtaining an ABN.

We are here to help. If you have any questions please give us a call on 1300 764 197
or email hello@understandingbankruptcy.com.au

Further Reading: We recommend our FAQ article 'Can I run my own business while bankrupt?'.

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