What is a Shelf Company?

📅 11 Dec 2017
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The term Shelf refers to the fact that incorporation documents are literally purchased of a bookshelf filled with pre-registered companies that are instantly transferable to the buyer. As the official corporate documents for a new company can often take up to 2 weeks to arrive, company names are normally pre-registered to save waiting time. The cost to purchase a readymade company and a company with your own chosen name is the same. Other common names include a Shell company and a Ready-made company.
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