FAQ of Purchasing a Shelf Company

【Q】 What is a shelf company?

【A】Because when the company establishes with limited laibility taking, some personages may need establishing the company with limited laibility badly , then sign a contract or handle other family property in the name of company Affair. So, specialized consultation service organization, such as our company, then establish a large number of companies with limited laibility in advance , for buying. This kind of company has already belonged to The shelf company (shelf company ), is named the ready-made company (readymade company ) too. The shelf companies usually all possess the following characteristic:
1. Have never appointed the director,
2. Have already done the official seal well, files required of the law , such as stock book ,etc.,
3. Have never begun to manage the business,
So, the buyer need only offer the necessary file , can use immediately , and does not need to worry concealing the risk .

【Q】 Is it risky to buy the shelf company?

【A】The application of the shelf company is in most countries, such as Hong Kong, Singapore, Britain, U.S.A. and Cayman Islands and other places, all extremely general, Can not be risky in case of majority. Usually, the ready-made company will not appoint any directors before selling, so the company has not been on either Have power to launch the business, so there is no potential risk. And, the customer will sign and issue the letter of undertaking while consulting the service organization while buying the shelf company, prove that this company has no activity to transfer to the name at all in the share , consult the service organization too and assure it in order to transfer to all famous things before date and shoulder the responsibility. So, the customer needn't worry about any potential responsibility .

【Q】 Will the shelf company have hidden debts and commercial dispute ?

【A】No. The shelf company that all our company sold, all of us will offer it proves that this company has never begun operation that the incumbent shareholder will provide the letters , Does not buy any assets, not in debt , all corporation loan that and promise to undertake to be sold before date.

【Q】 Such as purchasing the shelf company, when can begin to use?

【A】Can use this company when you receive our affirmation notice, and we will usually be after receiving our required file and fund To send out on the workday it confirm notice of piece. Though company this some file might send yet, you all right this company name is it is it equal to to sign to come With and discuss the business.

【Q】 After buying, what file and target may I get?

【A】No matter ready-made or the whole new company , you can get a whole set of " company's materials " , including: 1.The company establishes certificate Certificate of Incorporation with limited laibility (sample); 2.The commerce registers certificate Business Registration Certificate (sample); 3.20 corporation by-laws; 4.Embossed seal of the company; 5.The company signs and prints; 6.20 stocks book; 7.A legal record is thin ; 8.Other gives the government and stores the file copy blocked, for instance the first director is appointed the notice, agree to and is taken the post as director's notice and registered address notice ,etc..

【Q】 May I alter company's name afterwards?

【A】All right, you can change the name of the company at any time . However, the same as register the company in a totally new way, the name planned to use should be through checking the volume , If there is no the same one, can submit the file to register office of the company and alter the name . It is probably HK$300 to alter the expenses of government of the name (Press the government newly The communique is accurate), must when about 5 days,after succeeding,can receive it renamed by testimonial company the each where the register offices signs and issues.

【Q】 May I change the registered capital afterwards?

【A】All right, but can only generally increase the capital , it is more troublesome to reduce the capital. You can increase the statutory capital at any time , however, you increase each time HK$1, the statutory capital of 000, should pay the government expenses HK$1. For example, as soon as you increase 1 million statutory capitals each time, you need to pay government's fee Use HK$1 , 000. After increasing the statutory capital, you can follow the need , give the placing shares to the new or old shareholder.

【Q】 What do the expenses of the shelf company of purchase include?

【A】The charge of ready-made Hong Kong limited company includes: Company's registration charges , commercial registration fee , each of company (embossed seal , signature atom chapter , stock, 20 corporation by-law and meeting note down thin), transfer promoter share , appoint two director and first secretary , submit register-files , offering the file Verify the copy.

【Q】 Other will hide expenses?

【A】The charge of our company has been already including can make limited company begin all expenses of operation (not including the bank opens an account ) ing, have not hidden the expenses definitely. But does not wrap up Draw together the express expenses of file .

【Q】 Buy the shelf company, how many directors are appointed?

【A】All companies need to appoint a director at least. Company's director's number does not have upper limit .

【Q】 Buy ready-made limited company, how many shares can be issued?

【A】It is two shares that the shelf company preserves and already issues the number of share of stock, namely each shareholder has one share sent , that is to say that you can re-issue 9998 shares . If want to issue additional The share is in 1282 dollars (HK$10000 ) at the most, our company can handle , charge as 25 dollars for each shareholder . Such as selecting the secretarial service of our company for use The plan, does not charge to use separately .