Those who are concerned in opening an Irish shelf company can index a business following the standard registration process, or they can choose to buy a ready-made company. The term ready-made company is comparable with Shelf Company, another method to refer to this kind of business. As a common rule, this kind of company is typically incorporated as a limited liability corporation, since this represents the most common method to begin a business in Ireland.
Shelf company Ireland is dormant and is not involved in trading activities which is why they have no accountability. However, in order to make the purchase, company due diligence is recommended and our experts in business formation in Ireland will offer this kind of service. The major reason foreign investors buy shelf companies in Ireland is the needed registration number that is allocated to a corporation upon incorporation and that will assist them begin their business activities straight away.
What are the benefits of Irish shelf companies?
One of the major reasons for choosing a shelf company in Ireland is that, through this preference the investors can begin their business operations in a fast method, as the purchase formalities can be finished in only few days. Investors will be capable to set up their corporate bank account straight away and even buy assets.
Another benefit offered by the shelf company is that the investors will advantage from an increased reliability on the local market, specified by the age of the company. Investors must recognize that the shelf company can be purchased by any kind of businessman and that it can be appropriate for any business sector.
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