I was just wondering if would be worth my while registering my business with RRd? If so, how do I go about it? I already have an ABN.

You can register your business with RRDJ and operate in the private sector. If your business requires an ABN to trade with other entities that have an ABN, that’s perfectly fine. You simply need to wind down any existing agreements with government bodies such as the ATO or ASIC, leaving your ABN inactive but still available. Stop reporting profits and losses to the ATO and conduct your business privately, without relying on government registrations.

There’s no need to change anything with your business. The key advantage of being registered with RRDJ is that you can open a Gold account, where all invoice payments from your business can be directed. This account is not subject to recording or taxation. Members are free to trade as much as they want, as long as they ensure all their invoices are paid into the RRDJ account, rather than their personal (or straw) account. It’s a simple, one-step process to streamline your trading.