When applying for an Australian Business Number (ABN) and specifying your business activity for What business activity should I type in for ABN for affiliate marketing? you need to describe your primary activities in a way that aligns with the Australian Business Register (ABR) classifications. Here’s a breakdown of what to include:
Recommended Business Activity Description
Use one of the following phrases to clearly define your affiliate marketing work:
- “Online Affiliate Marketing”
- “Digital Advertising and Marketing Services”
- “Retail Commission-Based Sales Promotion”
ANZSIC Code Suggestion
The Australian and New Zealand Standard Industrial Classification (ANZSIC) code most relevant to affiliate marketing is:
- 69410 – Advertising Services
Covers “digital marketing, affiliate marketing, and online advertising.”
Other potentially applicable codes:
- 69220 – Internet Publishing and Broadcasting
(If you create content like blogs, videos, or social media to promote affiliate products.) - 45410 – Retail Sale via Electronic Orders
(If your affiliate marketing directly drives online sales.)
Why This Matters
- Tax Compliance: Ensures your business activity aligns with GST obligations (if applicable).
- ABR Accuracy: Avoids delays or rejections by clearly defining your operations.
- Industry Recognition: Helps banks, clients, or partners understand your business.
Example of an ABN Application Entry
- Main Business Activity: “Online Affiliate Marketing – Promoting third-party products/services for commission via digital platforms.”
- Industry Code: 69410 (Advertising Services)
Key Notes
- If you’re only promoting affiliate links without selling products directly, focus on terms like “digital marketing” or “advertising services.”
- If you sell your own products alongside affiliate links, use a broader code like 45410 (Retail via Electronic Orders).
- Always check the ABR’s industry classifications tool for updates.
Conclusion
Obtaining an ABN is a pivotal step in legitimizing your affiliate marketing business. By accurately describing your business activity with terms like “Online Affiliate Marketing” or “Digital Advertising and Marketing Services” and choosing the right ANZSIC code (69410 – Advertising Services), you position your business for enhanced credibility, smoother tax compliance, and greater online visibility. Embrace these best practices to ensure your affiliate marketing venture thrives in today’s competitive digital landscape.