Advantages of an Old Ready Made Shelf Company

Business and Banking relationships are more easily established with an older previously registered company, rather than with a newly incorporated company. The older a company is the more confident people will feel in dealing with you.

Government Agencies, distributors and manufacturers often require a company to have been in business for a certain period of time and the age of a company is very often a major factor in corporate banking relationships, business contracts and a important criteria in the awarding of government tenders.

Provides established longevity and operating history so as to improve and enhance your Corporate image - the older the better building corporate credit is easier with age.

Large companies will only do business with an older company rather than with a brand new company. There are certain companies who will only do business with old companies which have existed for at least 12 months or more.

Obtaining bank loans and othe credit facilities are easier when you can show you have history, the age is what matters most. Establishing credit with banks, investors and leasing companies (most lenders require a minimum of 2 and usually 3 years history in order to establish corporate credit history)

Obtaining corporate credit cards and leases - Most credit card companies require that the business has been in existence for at least 2 years.

Immigration Advantages - Business Visa for company Directors Work Permit Applications - having an established ready made shelf company with more than 3 years of track record or history is always better than registering a new company.

Definition of Old Ready Made - Previously Registered Dormant Companies

Established Ready Made Shelf Companies, sometimes called old shelf or established shell companies, are dormant inactive companies that were incorporated in the previous years but were never active.

These companies have never ever traded or done any business transaction - but were registered earlier and are still dormant, inactive companies. These companies are clean, that is to say, they have never ever traded nor engaged in any business transaction whatsoever.

These shelf companies are clean - meaning free from defects, liens, judgements, or any other liabilities, our shelf companies are clear of any business debts or liabilities.

Also these companies were incorporated by us and were not purchaed over from other people, but registered by our company.

Since the date of incorporation the secretarial files have always been in our custody.

These companies are can be made immediately available because the Incorporation Certificate has already been issued. The company bank accounts can be immediately opened because Company Incorporation Certificate has already been issued.

The company directors will be changed from our nominee staff directors to the directors of your choice and all the formation documents such as the Certificate of Incorporation, Memorandum and Articles of Association of the company and the relevant Company Secretarial Forms such as the Form 288, Form 245 are also immediately available.

Change of Company Name of Ready Made Companies

Company Name can be changed, if required to your own choice of name.

We can also file a company name change if you require a certain business name of your very own choice - yet the date of incorporation will still be the same - thus still affording you the old shelf company advantage and you can do any business that you wish - subject to normal regulations and approvals.