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Shelf Company or Ready-Made Company when you go for an offshore company

Discussion in 'Offshore Business Discussion' started by SysOp, Apr 10, 2009.

  1. SysOp

    SysOp System Help The Forum Cleaner

    What is a Shelf Company or Ready-Made Company? When you consider to incorporate your business in an offshore jurisdiction like Cyprus, you will quickly be asked if you want a new offshore company incorporation or if it should be a Shelf Company (Ready-Made) not all know what exactly this question is about and often we get asked what the different is between an Shelf Company (Ready-Made company) and a new incorporation.


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    Last edited by a moderator: May 29, 2016
    pesto and auric like this.
  2. mneilson

    mneilson Corporate Services Business Angel

    I think a shelf company and a ready made company in Cyprus has the same meaning. But setting up an offshore company in Cyprus is different. The ready made companies takes no time to start a business and a offshore company takes at least two weeks in Cyprus to come into operation.
     
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  3. auric

    auric Offshore Agent Mentor Group Sponsor Business Angel

    It is most often the fastest way to get started with an offshore company since one don't need to wait until the company registration has take place. Most often agents have ready-made / dormant companies available for imediantly ordering.
     
    pesto likes this.
  4. pesto

    pesto Offshore Agent Business Angel

    If I trus the agent I would not mind to buy a dormant company from them unless it costs 2 or 3 times the money of course!