SHELF
COMPANY

A shelf company is a company that has already been registered but has never traded or done business and has no liabilities or assets. It is essentially designed to sit on a shelf and wait for someone to buy it. Buying an inactive business used to be the best way to acquire a business quickly without going through the time-consuming process of registering a new business. However, registering a company is now much faster and less expensive than transferring and purchasing a shelf company.

The Advantages of Buying A Shelf Company:

  • You can enter any contract or agreement IMMEDIATELY;
  • You can start to do business IMMEDIATELY;

What does a Shelf Company consist of?

All these Shelf Companies are already registered with SSM

The Shelf Companies are registered for “General Trading” and can do all types of businesses as long as it is does not contravene the laws or other regulations. However, certain types of businesses required approvals, licenses or permits from the relevant government authorities or agencies.

All Ready Made Shelf Companies are dormant, without any bank account and have never commenced any business activities before, thus it is clean and do not have any liabilities.

All these Shelf Companies are available anytime and immediately. You will be the legal owner of the shelf company within 24 hours after you have signed & executed all documents and you do not need to go through the whole new company registration process, of which will normally take about 3-5 working days.

After the receipt/clearance of payment, your choice of Ready Made Shelf Company will be legally yours within 24 hours

2 Steps to Owning Shelf Company

Step 1
Existing directors will resign and you will be appointed as new directors. 

Step 2
Ordinary shares held by existing shareholders will be transferred to you & your partner. Please note that all transfer forms have been signed and ready to fill in your names.

What do we need from you:

  • Photocopy of Malaysian Identity Card (IC)
  • Choose from our long list of Ready Made Shelf Companies which would best suit your
    type of business operations.
  • Signatures of the New Directors & Shareholders on the relevant Forms and Board Resolutions

What will we do next:

Once all relevant documents are signed, we will lodge all the relevant
documents to the SSM.
We will also issue Letters of Indemnity signed by the previous company Directors confirming that the company was DORMANT, has NO liabilities and
NOT commenced any business.