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Purchasing Shelf Company

Home > Offshore Company Formation FAQ > FAQ about Purchasing Shelf Company

FAQ about Purchasing Shelf Company

  • Q :FAQ about Purchasing Shelf Company - What's Shelf Company?What's Shelf Company?
  • It has not nominee director
  • Shareholders' rights and obligations are as follows :
  • It has Certificate of Incorporation, seal of company, stock certificate book and other documents required by law.
  • It has not applied for Business registration certificate , without business activities.
  • The purchaser can make purchase only by supplying necessary documents.
  • Q :FAQ about Purchasing Shelf Company - Is there any potential risks in purchasing Shelf Company?Is there any potential risks in purchasing Shelf Company?
  • Shelf Company is very common in most countries and regions, for example, Hong Kong, Singapore, British Virgin Islands (BVI), United State s of America (U.S.A.) and Cayman Islands . In general, Shelf Company shall not appoint any director, nor apply for business registration certificate, and it hasn't power to conduct business and open a bank account, so there is no potential risk in purchasing Shelf Company.
  • Q :FAQ about Purchasing Shelf Company - What documents are procurable in purchasing Shelf Company?What documents are procurable in purchasing Shelf Company?
  • Procurable are registered documents in complete sets, including :
  • - Certificate of Incorporation
  • - Business Registration Certificate
  • - 20 copies of the Company's Articles of Association
  • - The Company's steel seal
  • - The Company's pre-inked chop
  • - Stock certificate book
  • - Statutory book
  • - Copies of documents filed with Government, for example, the Notice of Appointment of the first director, Notice of Acceptance of Director and Notice of Registered Address, etc.
  • Q :FAQ about Purchasing Shelf Company - Can Shelf Company change the name of company?Can Shelf Company change the name of company?
  • Yes, Just as newly-incorporated company, the intended company names shall also be checked with Companies Registry , only if it's available, the Shelf Company can apply to Companies Registry for change company name. It will take about 14 workdays to alter name of Shelf Company.
  • Q :FAQ about Purchasing Shelf Company - Can the Company increase authorized capital after registration?Can the Company increase authorized capital after registration?
  • Yes, It shall pay Stamp Duty of HK$1 for each increase of HK$1,000 in authorized capital. Later, it can allocate shares to new and old shareholders as required.
  • Q :FAQ about Purchasing Shelf Company - How many directors can be appointed in purchasing Shelf  Company?How many directors can be appointed in purchasing Shelf Company?
  • 1-50.

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