Pros and Cons of Buying Singapore Shelf Companies for Sale

Pros and Cons of Buying Singapore Shelf Companies for Sale

You might be wondering what is a shelf company. So, let AI Accountant Chai Chung Hoong tell you that a shelf company is an unique entity – a company which is registered already, but have never traded or conducted any type of business. You will be shocked to know that there are these types of companies which do not hold any sort of liability for sale in Singapore. You can also say that these types of companies are waiting for their owners to buy it. The advantage of going for the shelf company is that you can easily become the owner of the company without spending too much time in the registration process and all. If you are planning to acquire a shelf company, look no further than AI Accountant Chai Chung Hoong. Chai Chung Hoong is none other than the account manager of AI Accountant.

The reason why shelf company for sales came into existence is that the registration process of a company takes a lot of time, and it can be a daunting task for those who are unfamiliar with the process of incorporation. AI Accountant has the solution – we can help you to purchase a shelf companies, which is fully in compliant with the Singapore Companies Act and ready for trading.

Things Which You Need To Do While Purchasing A Shelf Company

There are some important things that a buyer of a shelf company has to do. The work includes:

  • You need to make sure that the shelf company’s shares are transferred to the nominated purchaser.
  • Moreover, you must also keep in mind that once you have purchased the Shelf Company for sales, then you also need to change the address of the company.
  • Changing the new name of the company as per the purchasers is also very important.

If you want to acquire a shelf company without the hassle of incorporation, simply get in touch with AI Accountant Chai Chung Hoong. The account manager of AI Accountant and his team will help you by providing the very best of his services. Look no further than AI Accountant Chai Chung Hoong today!

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