Shelf company advantages

Advantages of a Ready Made Shelf Company Business and Banking relationships are established easier with an older previously registered company , rather than with a newly incorporated company. The older a company is the more confident business and individuals will feel in dealing with them. What are the advantages of choosing a shelf company ? Main reasons to choose a shell company over a new one: saves time and offers fast access to a registered company when it is necessary an earlier company registration date when business circumstances require it saves time by not having to choose a new company name. An Off The Shelf Company makes it easier to obtain Bank Loans and Credit Cards Off the shelf companies give the impression of longevity.

For example, if they were registered a few years ago, they already have that history as being established years before you bought it.

If you would like the quick option when registering your company the best solution would be a shelf company. Taxation Advantages - Please consult you tax agent for more details as to how you can benefit from purchasing an old shelf company. Are you looking for a shelf company ? Should you buy a shelf company or register a new one? A Ready Made Company , also be known as a Vintage Company or a Shelf Company is incoporated to be kept as a dormant, non-trading company.

The companies are extemely popular for clients who wish to obtain older companies. The Ready Made Companies we have available are ready to trade as soon as they are in the owners name. An off the shelf company is a limited company pre-registered at Companies House, but has never trade and is ready to be used immediately.

Formations Direct offers a large selection of off-the- shelf companies (readymade limited companies). It is also called an “aged company ” or a “ready-made company ”. A shelf company is a company that is already establishe but not in use. Immediate trading can start. Although such a company won’t have a trading history, once it’s been bought, the investor will be able to start using the name for business immediately.

Shelf companies have both advantages and disadvantages that need to be. Think of the instant. A ready made company can give you the option to bid on contracts that require you to have been in business for a number of years. A ‘new’ company wouldn’t be able to bid on contracts in this way as it simply doesn’t have the same longevity as an off the shelf company. Benefits of buying an existing shelf company : 1. Time constraints due to tenders.

You might need a company NOW. This would typically be when you want to submit a quotation or tender and the customer will only buy from a registered company. Specific company needs. Advantages of a Shelf Company : Short Processing Time: If you cannot wait until an all-new company is incorporated (usually takes around working days), you can opt for a shelf company that only takes 1-working days to finish the setup.

It is preferable for businessmen who stay in HK for a very short period of time. The age of your company can give greater credibility to customers and lenders than a business that was recently established.

So, purchasing companies with established credit and existing credit lines can give the business a big financial boost. Here are the Top Advantages of Buying a Shelf Corporation: 1. Saving time and expense of forming a. The benefits of an off-the- shelf company can increase their appeal to certain individuals, depending on their personal objectives. In addition, there are also different categories of off-the- shelf companies which serve specific and varying commercial purposes. An “off the shelf company ” is a company that would be registered by a formation agent in their own name and then transferred to a customer.

This was in a time when submissions to Companies House for company registration were made on paper and took weeks to complete. Company formation agents used to keep lists of ready formed off the shelf companies for people to pick from which could be. Off the shelf company Off the shelf companies are ready-made limited companies that we have incorporated ourselves and maintained dormant for immediate purchase.

Before online incorporations, it used to take weeks to set up a company , thus off the shelf companies provided – and still do provide – a good immediate solution.