Buy Shelf Company in Vietnam
Taking advantage of company formation in Vietnam
As you can start to sense, opening a shelf company sounds like a good strategy when speed is your way to go. So, what does exactly a shelf company is?
A shelf or ready-made company is a corporate structure legally formed that is, as we said, metaphorically "sitting on a shelf." This means it is not undergoing any activity, neither having assets or liabilities.
So, this is a ready-made company in Vietnam that has been registered in a standard, generic manner so that a potential buyer can tailor it to the needs of its business. All these advantages without having to go through the whole company incorporation process in Vietnam. And if you are working with the right experienced incorporation agents, like ours, it also means the company has a perfect-clean history. This is because we will go through a thorough background check of the shelf company, before any final decision. It will assure that the shelf company is entirely clean and have a clear path to your business.
So from "sitting on a shelf" without any previous activity, this company will offer you the quickest way to enter the Vietnam market. In addition, our Vietnam company formation consultants can provide more information on the shelf companies available for sale in this country.
What are the steps for buying a shelf company in Vietnam?
Before acquiring a shelf company in Vietnam, a foreign enterpriser must first conduct a thorough search in order to find the best option. The search should be based on the entrepreneur’s requirements and could depend on the age of the company, whether it has or not a VAT number and the activities the business person wants to carry out through it. Our company registration specialists in Vietnam can help investors choose the right type of shelf company based on these criteria.
Following the selection of the Vietnam ready-made company, the sale-purchase agreement must be drafted and signed. The enterpriser will then bring all the changes he or she wants to the recently purchased shelf company.
These changes can imply:
- alteration of shareholders’ names;
- changes in the company’s management;
- changing the company’s business address.
One should not forget to announce these changes to the Business Register in Vietnam.
- Defining your goals and first actions
- Search based on your needs
- Choosing your best option from our list; our Vietnam company formation consultants can offer more information on the shelf companies available for sale in this country;
- And, change it to your company details
And that’s it! As quick as described!. Your company will now have an open door to the Vietnamese market. You will be ready to start your business!
Why purchase a ready-made company in Vietnam?
Buying a ready-made company is much simpler than setting up a new business in Vietnam. Apart from this, there are other reasons why one can buy a shelf company rather than register a new one:
- the shelf company already has a tax and VAT number;
- the shelf company has credibility which is very important on the Vietnamese market;
- the shelf company can be helpful to those interested in obtaining financing.
As you can imagine, setting up a company in Vietnam involves time, lawyers, meetings, and processes.
However, investors do not have time for it. What do they have, is the need and urge to start their business right away.
And you can even find that more than in one opportunity, your shelf company in Vietnam can already have a bank account. So starting to run your business is around the corner.
Vietnam facts and figures
Our Vietnam company formation agents have a wide variety of shelf companies ready to be sold. You can also contact us if you are interested in purchasing a ready-made company in Vietnam.