Ready-made Shelf Company
A Ready-Made Shelf Company is a company that is already registered but has never conducted any business activity or traded and possesses no assets or liabilities. Basically, the company is registered to sit on a ‘shelf’, waiting for someone to buy it.
Shelf companies usually are registered with a certain company name, but the original name can be changed to more suitable for the owner's business.
Shelf companies usually are registered with a certain company name, but the original name can be changed to more suitable for the owner's business.
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1
Credibility from investors and clients: you can attract investors and clients more easily, as businesses and individuals feel more confident dealing with companies that have incorporated for a longer period of time.
2
Process simplicity: Since the company is already registered you will bypass the regular registration process for the incorporation of a new company and start operations immediately.
3
Avoidance of double-taxation: There are a number of agreements with different countries stating that if a person pays taxes in one of those countries, they do not have to pay taxes again on the same income in Singapore.
4
Easier business loan approvals: When the company has an operating history the chances of getting loan approval from local banks and potential investments are rising.
Advantages of buying a ready-made shelf company:
Our experts will be happy to assist you in selecting the most suitable shelf company that will meet the needs and requirements of your business. If you need detailed information, contact us, we will provide the list of ready-made shelf companies available for registration in Singapore.
