adria sfm Reviews 165

This company failed to deliver the service that was fully paid for. There were excessive delays, no clear answers, and after requesting cancellation, no refund was issued.

All communication was generic and inconclusive, phone calls were not returned, and no one took responsibility. As a result, I lost my client’s trust and nearly caused the loss of a major contract.

In my opinion, this company should not be hired. The experience raised serious concerns and felt scam-like.

Registering business took 7 months and closing it is now taking more than 10 months.
Sometimes I'm sending them an email every week with simple questions and they reply after weeks or even month!

Very very very frustrated - I would never have business with these guys, if there wasn't third party introducer-scammer who connected me with sfm (Sanja Guc Babic) but I trusted her.

I have paid dissolution of this nightmare and I really hope this will end soon because I'm really concerned I have connected with mafia or something like that.

They scam you and miss quotes actual costs. They mark up costs by 100-200% then have the guts to charge 20-40% as service fee or as much as they feel they can get out of you. The service you pay for is that they scam you.

As for UAE just contact free zone directly, it's very easy to set up a company and they help you with the process in a much more professional way at a fraction of the price.

Nancy Her is one of the worst person in this insurance Company. Whole company is created on scamming on worker's comp. She will give run around and won't pick up phone intentionally so that they don't have to pay legitimate claim.

I confidently recommend SFM services fo any business related questions !

Outstanding service during the entire process

Scam. They took $4,500 then refused to provide what was paid for and refused to refund the money. All government documents were provided but they insisted the passport needed a feature that they don't have - they were offered numerous other documents to support the passport and just kept the money and did nothing. SFM seems to be run by a person called Reza who just insists everything they do its right, despite keeping client money and providing nothing for it - the very definition of a scam.

Further to the response below, the comment does indeed relate to 2012 (we cant specify a transaction that far back on trustpilot), so they have been running this scam for more than a decade. Their defence is "because we ripped you off 10 years ago it shouldn't be relevant" which is farcical

SFM Dubai Office is pure scam. They don’t even deserve one star. I paid for set up and did my meetings, but they want lots of lots of paperwork, slow process and will take time, tiring i mean… so I’ve changed my mind and wrote a kind email for asking refund. They overlingered for months and now retaining my money they say that refunding will not be happen but i could use this credit note for future services(how thoughtful you are): Who asked for that and what makes you think that I am going to buy services from you. This is absolutely horrible.
I wish I’d done search on this website :(

I tag after SFM Dubai

DO NOT TRUST THIS COMPANY.....

If only i had read the reviews on this company....

I am another victim of SFM and now in the process of a police report with Dubai E crimes division.

SFM will tell you what you want to hear and their service is fast. Nothing can be further from the truth.

As with other reviews and complaints about this company.

I was sent a generic account application form that is more like a test than a bank application. It took weeks of back and forward with the application to finally get that right. ( this is the first play of the scam ) After you have supplied the application you are then asked for document after document then everything goes quite until you start to complain.

What happens next is another request for documents even though you have already sent them and this goes to silence again.

It's been 9 months of games with SFM. Their scam is to offer services and take funds then never deliver, all they do is ask for the same paperwork over and over again, and when you finally ask for a refund you are told that you cant have one as you did not supply the same paperwork again and read the terms and conditions.

Avoid this time wasting company, nothing good will ever come from them.

THIS COMPANY IS A SCAM AND THEY WILL STEAL YOUR MONEY.

worst company to deal with!!

DO NOT DEAL WITH THIS COMPANY. THE AWARDS AND CLAIMS ON THEIR SITE ARE HIGHLY MISLEADING AND ONLY FOR PURPOSES TO TRAP YOU.

VERY UNPROFESSIONAL. UNACCEPTABLE TIMELINES TO ACHIEVE ANYTHING. NO REVIEW OF YOUR INFORMATION AND GUIDANCE....JUST THE WORST COMPANY YOU CAN IMAGINE TO STEUP AND MANAGE ANYTHING FOR YOU!!

PLEASE DO NOT USE THIS COMPANY FOR YOUR OWN WELLBEING.

All their relationship managers are basically untrained and useless. They do not review anything and rely on Third rate agents in other countries to help them as well which compounds the issues.

I bought a full service; new company, new director, new bank account... all! I paid and then... They asked me many many documents; a certificate passport, certificate home bill, my personal tax declaration, and many man others documents. 1 month later, they said that they can't open a new cmpany in delaware (as I asked), but they can try in Dubai. I said OK and 1 month later they said that they are not able to open in dubai but I can try with seychelles... I asked for refund. Thay said OK. Now, i'm still waiting for the refund. 4 months... So, stay away!!

I used SFM to set up a company in Delaware. The procedure was fast and Nelvina help me during the whole process. Thank you :)

scammers who did robb me for my money! their attorney in Geneva assured me that I will be refunded but nothing happened! their Dubai scam office is not replying to any emails. I have notified Dubai police. I recommend anyone who has been robbed by these scammers to contact the Dubai police department online!

This company is a scam, please stay away from it, they take your money and do no services for you

All requests have been fulfilled, the documents are official and the service is very efficient always with a lot of kindness without delay Thanks you so much Nelvina I wish you the best because you re service is the best.

Thank you Nelvina Ramasawmy and SFM for impeccable service in setting up a company on my behalf. The setting up was a pleasure, the communication super kind, the set up seamless and I can easily say the experience uplifting.

This is the second company that we have set up with SFM and can recommend them to anyone in full confidence.

Thank you for the super experience
Mahipat

Herewith my follow up review on SFM; I transferred my company from SFM to CFS Formations, and would like to share my experience.
Even though the service and initial fees from SFM seemed good, I soon realized that their subsequent fees were extremely high and were not disclosed upfront (they sneak them into the fine print when you sign up). Exiting their service is more expensive than registering a new company! I would advise any prospective client to compare the offering from CFS before engaging with SFM, CFS is better in every aspect (service, pricing, transparancy & disclosure etc.)

I knew it was going to be a challenge to find the right company for my setup, but fell for SFM and decided to give it a go.

- I first needed guidance, but didn't get much of it and was mislead several time as to where would best fit my requirements, leading me in extra costs. The company eventually got open, but to date, I am still awaiting for a bank account despite the extra additional 100$ for a bank that after two month almost has not yet responded...?

- Extremely poor communication, you don't get to communicate by any other means than phone or email. Unfortunately I do not have phone coverage here, but I have internet with all imagineable application (Teams, Skype, whatsapp, zoom...) I was told these apps were not allowed and only phone or email.... you left me only email to communicate not the other way around. In 2021, who cannot allow to use voice over ip numerous apps? Apart from this, since left out with email only, it was a question from me in the morning, and one most of the time inaccurate response the next day, no more than one exchange a day so definitely no international support structure, and obviously no out of UAE hours support either. Sorry but you should really look into using internet voice services, and not should really review your international capacity, phone is a costly comuunication medium, and a little old for actual available collaboration tools.

I have invested 2000+ $ and all I got is a company registration. It has been five months, and I still cannot do anything with this company that has no bank account. paied extra fees to get an account with a certain bank but application submitted over a month ago, and still "in process", come on, this isnt very efficient or is it?

SFM is a joke, I really do not recommended, if you want to work offshore pick another service provider.

I am really disapointed for not getting what I paid for, and wasting this money that could have been better used with another company. The last they told me is that I should open a bank account with a financial institution instead and "normal bank application takes so much time, why did they not tell me this in the first place? I will have to find the bank account myself, since SFM is incapable of providing the service. Needless to say that there is absolutely no refund. Desptite the fact that I do not get what I asked for, they only offer you a voucher... Just like if I was going to do further business with them.

The least they could do is apologies for being that incompetant, and refund the money they did not even use to open my bank account.

I am really not the person who write a negative review but this company is really so shi*tyenough that i am ready to warn the people who are going to order any service from them. They state that it takes 2-3 days to incooperate a company which is an absolute bullsh*. It tooks them 2 months to incooperate the company and it was too late for me. I contacted the agent told her 10293029402 times to refund me even the half of the price but She is consistently saying the service was provided on time. Are you fu*king joking???????????????????????????You made me enough trouble with it and i require to refund me the half price of the paid service and also to dissolve the company. I wrote regarding this and the agent is stating it would cost EUR 2,550.What the hell for? Because i dont need it anymore. I found a company in Dubai who have incooporated my company within 3 working days!!!! I require one more time to dissolve the company and to return me the minimum of paid money or i am going to police!!!!!

This is the most shi***y company i have dealed with!
Enough!!!!!!!!!!!!!!!!!!!!!!!