CHANGE OF COMPANY NAME OF OLD SHELF COMPANIES
We also can change the company name if you require a certain business name of your very own choice, the date of incorporation will still be the same as the old one and all the advantage from the old company still will be effected. Subject is certain to regulations and approvals.
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ADVANTAGES OF PURCHASING OR BUYING OLD READY MADE SHELF COMPANY
Business and Banking relationships are more easily established with an older previously registered company, rather than with a newly formed brand new company. Surely even you yourself would not wish to trade or do any business with a company incorporated / registered just in the last few months (like a brand new born baby). The older a company is the more confident people will feel in dealing with you. Government Agencies, Distributors and manufacturers often require a company to have been in business for a certain period of time (the longer - the better) and the age of a company is very often a major factor in corporate banking relationships, business contracts and a important criteria in the awarding of large Government Projects or Tenders for the supplying of goods and services. Bidding on Government contracts - the requirements are that you should have been been in business for a specific period of time or at least 3-4 years of incorporation period. Provides established longevity and operating history so as to improve and enhance your corporate image - the older the better Building corporate credit is easier with age. Most large companies will just refuse to give trading credit to newly formed companies. Other big companies will only do business with an older company rather than with a brand new company. There are certain companies who will only do business with old companies which have existed for at least 12 months or more.
Obtaining Bank Loans and other Credit Facilities is easier when you can show you have history, the age is what matters most. Establishing credit with banks, investors & leasing companies (most lenders require a minimum of 2 and usually 3 years history in order to establish corporate credit history)
Obtaining corporate credit cards and leases - Most credit card companies require that the business has been in existence for at least 24 months.
Taxation Advantages - Please consult you tax agent for more details as to how you can benefit from purchasing an old shelf company
Immigration Advantages - Business Visa for company Directors Work Permit Applications
Having an OLD ready made shelf company with more than 3 years of track record or history is always better than Registering a totally brand new company. |