FAQ about Purchasing Shelf Company

What's Shelf Company?

Shelf Company always has following characteristics:

Is there any potential risk in purchasing Shelf Company?

Shelf Company is very common in most countries and regions, for example, Hong Kong, Singapore , British Virgin Islands (BVI), United State s of America (U.S.A.) and Cayman Islands . In general, Shelf Company shall not appoint any director, nor apply for business registration certificate, and it hasn't power to conduct business and open bank account, so there is no potential risk in purchasing Shelf Company.

What documents are procurable in purchasing Shelf Company?

Procurable are registereddocuments in complete sets, including:

Can Shelf Company change the name of company?

Yes. Just as newly-incorporated company, the intended companyname shall also be checked with Companies Registry, only if it's available, the Shelf Company can apply to Companies Registry for change of name. It will take about 14 workdays to alter name of Shelf Company.

Can the Company increase authorized capital after registration?

Yes. It shall pay Stamp Duty of HK$1 for each increase of HK$1,000 in authorized capital. Later, it can allocate shares to new and old shareholders as required.

How many directors can be appointed in purchasing Shelf Company?

1-50.