Readymade companies are companies that have been previously incorporated but have had no trading activity. Sometimes referred to as “off the shelf companies”, they can be made available within 1 - 2 days.
There are numerous advantages to purchasing a ready made company:
The majority of readymade companies have previously been registered for VAT which means the new owners will not have to wait for a VAT application to be processed, they can begin trading immediately.
An aged readymade company often gives confidence to business partners, customers and banks who feel more comfortable dealing with an experienced company. In some situations, licensed services such as banks can hesitate to open accounts for companies who have just been incorporated.
A new readymade company gives new owners the ability to use the company almost immediately. This can be considered a major advantage in jurisdictions where the incorporation process can take from a week to over a month.
Some of the most popular jurisdictions for Readymade companies include:
Here at Euro Company Formations, we have both new and aged readymade companies available in most juridictions around Europe. If you would like more information on readymade companies, please contact us +353 16461627 or alternatively you can fill out a contact form on our website and a formation expert will be in touch shortly.