A ready-made shell company is a pre-registered entity that has not yet commenced any business activities. Such companies are often used for business investments, international expansion, or asset protection. When acquiring one, several essential legal documents are provided to ensure the company’s legitimacy and adherence to regulations.
Key Documents You Receive:
- Company Registration Certificate: Confirms the company’s registration with the relevant government authority.
- Business License: Indicates that the company is authorized to operate.
- Articles of Association (AOA): Outlines the rules and management structure of the company.
- Company Seals: Includes steel, round, and strip seals for official document authentication.
- Stock Register: Tracks the shareholders and their shareholdings.
- Statutory Records Book: Contains important historical records and documents of the company.
- Copies of Government-Filed Documents: Such as notices of appointment of first directors, consent to act as director, and registered office address notifications.
Ready-made shell companies are widely available in places like Hong Kong, Singapore, BVI, the USA, and the Cayman Islands. Since these entities have no prior business activity or bank accounts, they generally pose minimal risk to buyers.
If you wish to change the company name, similar to a new registration, a name check must be conducted to ensure there are no duplicates before applying for the name change. The entire process typically takes around 10 working days.
After purchasing a shell company, you can also increase the registered capital without incurring stamp duty. Additionally, shares can be issued to both new and existing shareholders based on your requirements.
Regarding the number of directors, a ready-made shell company can appoint anywhere from 1 to 50 directors, offering flexible management options.