Starting or moving a business in Tasmania
Tasmania is an island of entrepreneurs, with 97 per cent of our business population made up of small businesses and the highest business survival rate in the country (source: Interim Business Growth Strategy December 2021).
If you are looking to start a new business in Tasmania, or move an existing business, Business Tasmania is your comprehensive resource for doing business in Tasmania.
Is Tasmania Good for Business?
Tasmania is made up of small businesses. In fact, there are currently more than 39,000 small businesses operating in the state. If you have an entrepreneurial spirit, Tasmania is an island of opportunities. Our economy is resilient, and is considered one of Australia’s top performers across a range of official indicators. Innovative start-up businesses like Bulk Nutrients (a leading supplements brand), Savage Interactive (creators of illustration app Procreate) and many more enterprises of all sizes have found success in Tasmania, backed by support from the community and local resources.
Business Support
The State Government knows the value of supporting entrepreneurs and helping drive Tasmania’s towards its future to an island of innovation. That’s why the government is committed to supporting new and existing businesses to thrive in Tasmania.
There are many resources available for business owners to assist them with developing their business ideas or growing their business. These include practical tools, funding, business diagnostics, coaching, advisory and digital tools. Learn more on Business Tasmania.
Cost of Registering a Business in Tasmania
Registering a business name under ASIC costs $39 for 1 year or $92 for 3 years. Company registration fees begin from $443, but can be higher depending on the type of registration you have chosen.
If you’re considering moving to Tasmania for business, be sure to read about housing in Tasmania and some of the real stories of business owners in Tasmania.
Support During Crises
Businesses are continually supported by the government during times of emergencies such as natural disasters (flooding, bushfires) or public health emergencies such as the COVID-19 pandemic.
Visit the Business Tasmania website to discover more about starting up or running a business in Tasmania.