Purchase a Cyprus shelf company and start business today

• Speed – buying a Cyprus shelf company saves the possible delays of obtaining a company registration number from scratch – ideal if you have an immediate agreement to sign, as it's a legal requirement to have a company registration number.
  
  
• Business and banking relationships are easier to establish – big companies can be reluctant to extend credit to newly-formed companies, and local or governmental authorities often prefer to award contracts to established businesses. In both instances, owning an existing business entity is preferable to a brand new one.

Generally speaking, the process to buy a ready-made or off-the-shelf company is relatively straightforward.

First, the buyer will acquire or purchase 100% of the ready-made company. In other words, they will own the company's entire share capital. This process is facilitated by the registration agent—in this case, Meridian Trust—via the execution of a stock transfer form.

For the most part, this form will include the following details pertaining to the transaction: 

• What is being paid for the shares.
• The amount and type of the shares being transferred.
• The names of the buyers and sellers.

The registration agent will then enlist the buyer as a new member in the company's member register, allowing the organization to issue share certificates to the buyer.

Throughout this entire process, Meridian Trust will help you fill out any necessary forms and meeting minutes to be presented to the regulatory authorities.

Likewise, Meridian Trust can help prepare board minutes for the company's new directors, as well as relevant shareholder documents, in order to make it easier for the new owners to tweak the company's name or adjust its articles of association to fall in line with their wishes for the organization.

A Cyprus shelf company, is a structure that has already been registered with the local regulatory authorities, owns its certificate of incorporation, has no trading activity to its name and is just patiently waiting to be bought.

This type of company might very well help speed up the process of setting up a new office or business in a new country and establishes a track record for the company, since it has already been in business, albeit passively, for some time.

Enter the ready-made or shelf company, a structure that has already been registered with the local regulatory authorities, owns its certificate of incorporation, has no trading activity to its name, and is just patiently waiting to be bought.