The formation or incorporation of a company clearly shows to be a complex task that must be handled with care. One of the important grounds is the office premise, which serves as the registered address and legal proof of the company's existence. After incorporation, attracting the market becomes the next challenge. One of the simplest ways to approach this task is to work with a shelf company known as a "Ready-Made" company.
Seychelles, one of the most popular offshore jurisdictions, allows business owners to establish a shelf company. If you want to own a shelf company in Seychelles, this guide is a must-read for you.
What is a Shelf Company?
A shelf company, also known as an aged company, is a ready-made or already registered business firm. This type of business entity avoids the need for company registration and provides greater credibility. Now, proceeding with a shelf company in a region like Seychelles can be beneficial because incorporating a company takes very little time.
Benefits of Starting a Shelf Company
Investing in a small business is a big step, with additional financial commitment and long-term responsibility. Some of the most important benefits of purchasing a shelf company are defined below.
- Business activities can be started immediately
- Holds a high-credibility
- Non-availability of bad credit
- Holds the flexibility to deal with the offshore bank account
- Invites potential partnerships
- Avoidance of red-tape
- Gain access to loans
Procedure to Buy a Shelf Company in Seychelles
Buying a shelf company is similar to purchasing a house. It requires specific steps to be taken before, during, and after the transaction. Here are a few steps given for your better understanding.
1. Select a Professional/Certified Business Consultant
If you wish to start a shelf company in Seychelles, it is recommended to proceed with the help of a business consultant. Experts like Business Setup Worldwide can help you to deal with the process in a hassle-free manner. Also, it would be more helpful to explore the core essentials of hiring a professional expert.
2. Submission of Documents
After seeking the assistance of the business expert, the next step is to submit the essential documents required for a shelf company.
3. Approval and Incorporation
Once the documents are submitted, it undergoes the verification process.
After the documents have been verified, the registration of the same takes place in the Registrar of Companies.
5. Open a Bank Account
Offshore banking is one crucial part that can't be avoided. Once the submitted documents are verified and approved, you can proceed with the bank account process. To know more, you can read our latest guide on the advantages of offshore banking,
Henceforth, the registration process and required fees are quite straightforward in Seychelles. The incorporation process can be completed in 1-2 weeks without difficulties, provided that the documents are properly completed per the regulatory requirements. We would also like to note that Seychelles only requires minimal fees for incorporating a shelf company. You can take a nearer look at the actual level of costs on our dedicated page.
Why Choose Us
We at Business Setup Worldwide take great care in providing the best business setup solutions. Our advisors can help you at every stage, whether it's incorporating a company from the ground up or finding a ready-made space based on availability and demand. In addition, our business consultants are well-versed in the offshore company formation process and can advise you accordingly. If you are curious about taking the next steps, please contact us right away; we'd be happy to help.
How many days does it take to incorporate a company in Seychelles?
It takes 2-3 working days to incorporate a company in Seychelles.
How many minimum numbers of shareholders are required for company formation in Seychelles?
The minimum number of shareholders required for company formation in Seychelles is one.
Is there any requirement to appoint a company secretary in Seychelles?
No, there is no requirement to appoint a company secretary in Seychelles.