Shelf companies are businesses that were previously formed and registered in order to be sold. They are also known as vintage or aged companies; they are called so because their economic activity stopped at a certain moment.
The registration process of a shelf company in Malta
In Malta, shelf companies are well-known for the quick incorporation and for the credibility they offer to clients. The longevity and background of a company usually influence business relationships. In order to purchase a shelf company in Malta, it is required the transfer of the shares to the new owner, after the contract and additional acts have been signed. Once bought the shelf company, the new owner can change its name and appoint a new director. Maltese ready-made companies come with a registration number, articles of association, a registered office and an incorporation certificate.
Advantages of buying a shelf company in Malta
The main advantage of buying a ready-made company is saving time on forming and incorporating a new company in Malta. Another advantage is the credibility of an aged Maltese company that would be a plus in front of potential clients, but also the fact that in Malta some authorities require that a company must have been in business for a certain amount of time before being allowed to operate.
Aged companies will also increase the customers’ confidence in a company that has been on the market for a while. In Malta, you can buy different types of companies, from corporations to limited liability companies or partnerships. In Malta, aged companies will find easier to bid on contracts or request a bank loan. A Maltese shelf company can be managed from Malta or abroad.
Our law firm in Malta can help you with your purchase, offering a selection of different businesses. Our Maltese lawyers provide you assistance in your negotiations and support you within the process of business transfer of the ownership.
We invite you to watch a short video about the advantages of purchasing a shelf company in Malta: