Shelf companies are previously registered companies that are usually put to rest until they are sold. In Hong Kong shelf companies are also known as shell or aged companies. The main reason foreign investors are inclined to purchase a shelf company in Hong Kong is the credibility it offers.
Shelf companies in Hong Kong are very easy to register. Once the transfer of shares takes place between the old and the new owner and the sale-purchase contract has been signed, our experts in company formation in Hong Kong can initiate the registration procedure for the bought shelf company. Options like changing the name of the company, appointing a new director are available for clients purchasing shelf companies in Hong Kong. Foreign investors have the possibility to register shelf companies under the form of limited liability companies or companies limited by shares. Once the Articles of Association of the acquired shelf company are ready they must be submitted with the Hong Kong Companies Register together with an application form and the paid registration fee.
Our agents invite you to watch a video about the advantages of a shelf company in Hong Kong:
As mentioned above one of the greatest benefits of purchasing a shelf company in Hong Kong is the credibility an already established company offers to its new owner in relation with business partners and customers. Also, according to the Companies Law in Hong Kong, in order to obtain a bank loan, companies may be required to demonstrate they were incorporated a while back and bring proof of their corporate history. For example, if a foreign investor wants to obtain a loan for purchasing computers for the company, a proof that the company was registered six or more months before must be provided. Shelf companies are also used for marketing strategies, as foreign businessmen establishing companies in Hong Kong can incorporate the history of their enterprise in a ready-made company thus obtaining a better image than creating the same image with a new company.
Our specialists in company incorporation in Hong Kong can provide shelf companies based on the investors’ needs and requests. You can also contact us for details and advantages of every type of company available for registration in Hong Kong.