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New Company and Shelf Company Registrations
Zuydam offers New Company as well as Shelf Company Registrations.
What is a Shelf Company?
A shelf company is a company that is already registered but has never traded or conducted business and holds no assets or liabilities. Essentially, the company is registered to sit on a ‘shelf’, waiting for a someone to buy it. They’re ideal if you require a company registration number extremely quickly or if you need to operate asan older company.
Benefits of a Shelf Company
Some small business owners may look at shelf corporations as an opportunity to get ahead. It’s smart for a small business owner that is just starting off to look for ways to help their company, especially when they hit roadblocks in the early stages.
A few of the benefits that small business owners may gain from having a shelf company are:
- Simplicity: Saves time taking the steps to create a new corporation.
- Longevity: To show corporate longevity in order to attract consumers or investors.
- Funding: To gain access to corporate credit or funding. In the early stages of a business, lenders are more hesitant to lend money to a business that is not as established yet, due to the high risk involved.
Are Shelf Companies Legal?
Yes, absolutely. A registered Pty Company and a Shelf Company are exactly the same. Both are Pty’s legally registered at the CIPC with Company Names and documentation and a Company Registration Number.
The term ‘Shelf Company’ simply refers to a Pty Company that’s been registered for the purpose of reselling it.
How much does it cost?
Zuydam’s Shelf company packages sell from R3500 to R9,050.
CLICK ON THE COMPARISON CHART BELOW TO DOWNLOAD A PDF