Received what looked like an official business name renewal notice from Registry Australia. The letter was designed to look like a government communication, but this company has nothing to do with ASIC — they are a private third party.
They charge $99 for a 1-year renewal and $199 for 3 years. ASIC charges $40 for 1 year and $88 for 3 years directly at asic.gov.au. That's more than double the price for the exact same outcome.
I caught it before paying, but I can see how many small business owners — especially those who aren't tech-savvy — would pay this without questioning it.
If you receive a renewal letter, go directly to asic.gov.au and renew there. Don't pay a third party nearly double for something you can do yourself in five minutes.
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Registry Australia is a corporate services provider that facilitates business name registration & renewal services for Australian companies and businesses. Developed for convenience and ease, the registry platform allows you to register and maintain all of your business registrations in one place. Our innovative system seamlessly integrates with many government services to simplify the registration process and making it faster and more reliable while being completely centrally managed.See more
