An Old shelf company with bank account is defined as a
legal entity that has already been incorporated under the Commercial Law. The
shelf company, also referred to as a ready-made company, does execute
commercial activities, and it is obtainable for sale as well as, if purchased,
the investors will be capable to start their business activities much faster
than in the case of the standard registration method.
Purchasing an old shelf company for sale can
be a striking way of starting a company, as the time frame in which the
businessman can create his or her profitable operations is much lower compared
to the regular registration, since the lawful entity has already been
registered with the restricted institutions.
Old Shelf Company for Sale |
As a universal rule, a
company can be incorporated in a period of minimum sixteen weeks, while in the case
of a shelf company, the procure procedures can be accomplished in ten days. Our
team of specialists in company formation can provide assistance on the main
procedures that have to be finished when buying a ready-made old company.
Businessmen paying attention
in how to form a company through a ready-made company will still have to terminate
several legal requirements. For instance, one of the critical aspects will be
to sign a document that will state alter of ownership from the preceding owner
to the new buyer.
As mentioned above, the
old shelf company already has a designated corporate bank account but, in the circumstances
in which the investors will want to modify the company’s name, this change must
also be reflected in the details of the bank account. This alteration has to be
registered with the Registrar of Companies. Once the corporation starts
trading, it will become accountable for taxation.
If you are looking to
buy old age readymade company, consider visiting the official website of BSC
& Associates.
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