A Brief Guide to Seychelles Shelf Company

Seychelles Shelf Company

A Shelf Company refers to a dormant entity that is ready to be acquired. A simple legal contract transfers ownership and shares to the beneficiary company. Read on to discover how you can register a Seychelles shelf company in a hassle-free way. 

Steps to Register Seychelles Shelf Company

Step 1: Choose a reputable service provider

Appoint a registered agent or corporate service firm like BSW well-versed in offshore company formation.

Step 2: Select a shelf company:

Scout the available options to pick the ideal shelf company. Make sure the dormant company in question is free from liabilities, debts, criminal records, and other obligations that could jeopardize its future. The appointed agent can help you with the decision-making. 

Step 3: Provide the necessary information

Acquiring a shelf company also requires the submission of critical paperwork for regulatory assessment. These include but are not limited to ID proof of new director(s) and shareholder(s), MoA, AoA, consent letter from the concerned authority, and so on. 

Step 4: Pay fees

Settle the transfer fees relating to the shelf company’s acquisition. The fee will include the registration fees along with other costs. 

Step 5: Execute Legal transfer

The service provider will draft a contract encompassing terms concerning ownership’s transfer. The contract is legally binding on both parties. 

Step 6: Open a Corporate Bank Account 

Once the contract is signed and executed, the buyer can proceed with the bank account opening process. It requires filling out an application form and submitting necessary paperwork such as an incorporation certificate, MoA, Directors’ details, etc. 

Buying a ready-made company in Seychelles is a matter of catering to local laws. Therefore, it is advisable to seek help from experts like Business Setup Worldwide (BSW), who boast an experience of 8+ years in this industry. Their advisors can offer you with tailored solutions. Contact us for a free consultation session.