Advantages of buying an off the shelf company

Why do I need a shelf company? What is off the shelf company? For the exact same reason as before, off the shelf companies may benefit from more clients because they appear to be older, and therefore more trustworthy, than they already are. 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.

If you purchase a shelf company that is four or even ten years ol it can significantly increase the amount of credit opportunities available for you. In today’s dynamic business worl the corporate credibility is of upmost important. It’s true that, when you consider the initial outlay , one of the potential benefits of off-the-shelf software is that it’s very likely to cost you less than getting something built for your business.

That’s because the true cost of building and running the software is being split over a much larger userbase. They are often available to implement straight away, so you can have your team or department using the system within days or weeks. Are you looking for a shelf company ? Should you buy a shelf company or register a new one?

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. The choice is like buying a suit. Buying a shelf company used to be the best way to quickly acquire a company without going through the time-consuming procedure of a registering a new one.

However, registering a company is now a lot faster and more cost-effective than purchasing and changing a shelf company. Formations Direct offers a large selection of off-the-shelf companies ( readymade limited companies ). Advantages and disadvantages of off-the-shelf software Training. Many off-the-shelf solutions have a library of tutorials to follow, which is great for small scale buyers.

Centralised support services may be remote and slow to respon and the time zones might not suit your business. A shelf company enables your business to appear more trustworthy, your suppliers and clients are likely to have more confidence in businesses that have a longer operating history. Benefits of buying an existing shelf company : 1. Time constraints due to tenders You might need a company NOW. Sometimes the future corporate creditors are not willing to extend the credit line or to.

Increase your business credibility. A shelf company is an existing empty BV, which may or may not have been involved in previous business transactions. Buying a shelf company does require a notarial dee but the transfer procedure is still less time consuming than the incorporation procedure of a new BV. The advantage of buying a shelf company always was the time factor.

Buying a shelf company means that you are able to get a limited company up and running in just a few short hours, and have the company seem more legitimate to banks, other business and agencies.

This helps you and your business to get started on the best possible route, so that it is more likely that your company will be successful. Off the Shelf companies started to be phased out when electronic company formations became possible. Submissions to Companies House can now be made online and a new company can be formed in a matter of hours. So instead of having an off the shelf company you can have a New Company Formation done specifically for your business. As soon as we have received your Shelf Company order, we will contact you to obtain details of the new company officers.

Once the changes have been made to the Shelf Company , we will prepare the new documentation showing the new and previous owners. We aim to get the Shelf Company documents sent to you the same day that you place your order.