Review Time
Literal Scam, so much more expensive than just re-applying through ASIC. They send you mail saying your business name is due for re-application soon - it's extremely misleading, they say they will give you an early registration discount and make it sound all well and good, while caught up in the day to day you don't really have time to sit through pages of the terms so when you cancel they take a $50 admin fee.They claim that they make it easier and file all the documentation but it's literally just an ABN/ACN renewal.At least 3x more expensive than just applying through ASIC.
I received a renewal letter for my business name. I was suspicious when i saw the web listing and asked my accountant who advised me that anyone can obtain the expiry dates of company names from ASIC and they then send this letter out to obtain money. ASIC will send their own renewal notices out and it cost far less (if you pay on time). Please disregard this company.
Completely fraudulent. They send a letter saying you risk 'losing your company name' and 'domain name, emails and insurance' if you don't renew. This is an outright lie. There is not a 'company name' - when you established your company with ASIC, you registered your company as a legal entity. The legal entity name belongs to the shareholders as long as it remains registered with ASIC via filing annual returns. The 'company name' has nothing to do with your domain name, or your emails - these are managed entirely seperately. Their website claims to be an 'ASIC Registered Agent' - this is a lie. Go to the ASIC professional registers and type in their claimed agent number 45838. It doesn't exist in the register. Type in their company name - Registration Pty Ltd. It doesn't exist. THIS IS A SCAM. ASIC needs to investigate this company for fraud. Put this shameful letter from reg.com.au in the bin. Go to your ASIC portal and check that your registration is up to date. Pay your fees directly to ASIC and you're all good.
Doesn't matter how official these guys seem to be, if you have a business and need to renew the name/ACN each year or three years, DON'T USE PSP's (private service providers). These PSP's send out physical mail making it seem like the renewal is legit, but the problem is that they're not allowed to send renewals more than two months in advance of when the renewal period begins (ASIC's rule, read up on it). Not only are you getting absolutely wallet-raped, these guys have no business scraping the ASIC website for your details to harrass you with fake invoice-like physical media, into deceptive tactics which make the unwary believe they have to pay to this unknown entity.My business isn't due for renewal until September, and this is May. I've received 3 of these from different sources in the mail so far, and I'm expecting more to come out of the woodwork until I've renewed my business MYSELF.Don't be sheep, wake up folks! This is unsolicited and harrassing behaviour and ASIC are letting them get away with it.
Actually worse than other scam registration companies lol. They don't even let you contact them to ask what they even do, this is just another "third party ASIC registered agent" AKA, a company that does the same thing you would do with ASIC, but for no reason and for more $, under the guise of helping. Disgraceful, and unethical, to think that young new business owners elderly would be tricked into taking this route.
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