About Shelf Companies

All about shelf companies.

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What you need to know about shelf companies

What is a shelf company?

A shelf company is a company that has been legally registered but is not active and it has not traded and hold no assets and has no liabilities. Shelf companies are largely registered for future disposal to individuals who want to avoid  the sometimes rigorous process of registering a company.

What are the benefits of buying a shelf company?

Sometimes the registration age is a consideration for presenting longevity. At other times a suitable trading name is a significant consideration. 

However, common reasons for buying a shelf company include:

  • It saves time involving effectuating the procedure of creating a new company.
  • It presents corporate history which creates credibility for investors and clients.
  • It offers the opportunity to be able to bid for contracts. Some contracts require that a company be in business for a certain length of time to be considered.
  • It enables an easier access to corporate credit.

How to acquire a shelf company

Acquiring a shelf company is done by transferring the shares to the buyer. The share transfer process requires a Share Transfer Agreement that needs to be signed by both parties and a notary such as a commissioner of oaths is required to authenticate it.

Company

Zimbabwe Companies Registry website is owned by Companies Made Easy a Numeri Inc company a company registered in Zimbabwe at Pockets Building, 50 Jason Moyo Avenue, 2nd Floor, Room 208 & 209, Harare, Harare, Zimbabwe. Companies Made Eas offers company registration and related services in Zimbabwe.

Tel: +263 (0242) 753 168
Mob: +263 715 142 498
Mob: +263 786 580 543
E-mail: info@zimbabwecompaniesregistry.org

Company No: 15985/2019
BP No: 185 8695 41

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