• Ready to Trade Company
• All Government Fees Paid
• Memorandum & Articles emailed
• Incorporation Certificate
• Certificate of Non-Trading
• Stock Transfer Form

• Business Bank Account*
• Choice of Banks
• Upto 2 years Free Banking
• 084 Business Number
• PDQ Machine introduction
• Internet Merchant Account Introduction

Dates 02/2012 - £49

If the Company and inclusive features do not meet your requirements please telephone or email our office and we will taylor the company to suite your requirements. Please tel direct on 08443 57 58 59 / 08443 57 58 79

A shelf corporation, shelf company, readymade company or aged company, is a company that has had no activity. It was created and left with no activity - metaphorically put on the "shelf" to "age". The company can then be sold to a person or group of persons who wish to start a company without going through all the procedures of creating a new one.
Common reasons for buying a shelf corporation include:

• To save time involved in taking the steps to create a new corporation.
• To gain the opportunity to bid on contracts. Some jurisdictions require that a company be in business for a certain length of time to have this ability.
• To create an appearance of corporate longevity, which may boost investor or consumer confidence.
• To gain access to investment capital.
• To gain easier access to corporate credit.

These reasons are open to criticism. Many years ago, it would take months to properly incorporate a business. However, it is now quite easy, at least in, Western Europe the United States, Canada and; Australia to do so. In fact, it can now be done in as little as a couple of hours in some jurisdictions. A corporation might end up "on the shelf" precisely because of a bad business history. It is questionable whether a shelf corporation improves access to capital, since creditors and investors look into a company's history as part of due diligence.

A number of consortia "produce" and sell shelf corporations, promoting the fact that the new buyer can at the same time have a corporation with a long history, and yet have complete control over the establishment of the corporation's board of directors and shareholder profile.

Due to new legislation any person, group or company purchasing a shelf company must comply with the money laundering regulations by supplying due diligence.

ID Requirements

The Money Laundering Regulations came into force on the 1st March 2008 and place us (as well as any other person, firm or company who provides “by way of business…services in relation to the readymade formation, formation, operation or management of a company or a trust…”) under a lot more strict obligations concerning how and with whom we conduct our business. The practical effects are as follows:-

1. Provision of any or all Company Director, Secretary, shareholder to the aforementioned service (ie readymade company).

We will require the details and documentation listed below

1 x Picture ID

• Passport
• Drivers Licence
• EU Identity Card

1 x Proof of Address

• Bank statement
• Utility Bill
• Council Tax Bill (present year only)
• Full Drivers Licence if not already used Picture ID

We honestly do not wish to create more paperwork and bureaucracy than is absolutely necessary as it generates more internal costs to us than we would like. These Regulations, though, are very clear, very strict and impose very heavy penalties upon any person deemed to be non-compliant, stretching quickly to custodial sentencing.

However stringent these requirements are now, though, we must make you aware that they are almost certainly going to evolve and change (and may do so in the not too distant future!), and become even more onerous as time goes by. Certainly, it is highly unlikely that we will ever be able to reduce the amount of paperwork we now find that we have to prepare

We are therefore bound by law to enforce such regulation thus following purchase we must hold any structural changes and company documentation until the appropriate ID has been received, this can be via, email, fax or land mail.

We sincerely apologise for any inconvenience that these Regulations and our approach to their implementation may cause you but hope that you will continue to work with us to ensure compliance and a continuing relationship.

We trust that all is, thus far, satisfactory and look forward to completing business you again in due course or with any queries or comments you may have.