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Opening a Shelf company in Dubai, UAE
To start a business in the UAE, either you open a new company or buy a readymade shelf company. Shelf companies are also famously known as the aged company, readymade company, and Shelf Corporation. These are legally registered companies without any activity. To bypass the typical registration and incorporation process anyone can buy it. If you have less time to start a new venture in the UAE, a shelf company can be the best choice.
Selecting the best Shelf Company
In the UAE business industry, there are a large number and types of shelf companies based on their nature and picking the right one is a highly complex procedure. It poses risk, if bank records, debt, and obligations are not properly checked before shifting the shelf company to new owners. Precious Point provide a wide range of shelf companies based on their cost, requirements, and eligibility.
Why A Shelf Company is beneficial for Business in Dubai, UAE
There is a wide range of factors on why one should buy a Shelf Company in UAE. Some of them are discussed below:1 Cost and Time
Buying a shelf company to start a business in UAE can save a lot of time of getting approvals and certification from the UAE government and lower down the initial cost of company formation.
2 Capital and Credit access
Banks and other financial institutions are more willing to lend funds for an established company than newborn business. Buying a shelf company can allow having more access to credit lines, banking relations, and customer trust.
3 Quick business formation
Buying a shelf company in the UAE can reduce the waiting period of getting approvals and allow to directly engage in business operations.
4 Direct access to Contracts
Some of the bidding processes in UAE require companies to have a minimum length of time before starting bids on government projects. A shelf company can allow you to directly bid on projects.
5 Long operating history
An aged shelf company in UAE represents its operating history and longevity, which makes a solid corporate image in the market.
6 Document processing
It allows having a quick business visa and registering company documents for employees of the business.
Process of buying a Shelf Company in Dubai, UAE
The process of buying a readymade shelf company in UAE is time-consuming and takes 2 to 4 working days. First, you need to sign a sales contract with shelf company owners and paying them the price of the shares of the company. Then, you can start operating directly your business activities. Before buying a readymade company, you need to confirm its economic background and ownership rights.
Why Precious point Services to Buy a Shelf company in Dubai, UAE
Precious point services are well versed with all legal requirements and aspects of opening a new company in the UAE. Once you decide the Shelf Company, consult with our experts. Rest of the work will be handled by us. We can also refer you the best Shelf company in UAE. Our professional service includes Shelf companies in Ajman offshore shelf company, Free zone Shelf Company, Ras Al Khaimah Shelf Company and other business centers in the UAE. Once you decide on your required Shelf Company and send us an inquiry, our experts will instantly check its address, legal status, cost, bank account, Shareholders addresses and Directors details. Then they will confirm its registration and certification with governmental agencies. Our evaluation procedure is based on strict measures to confirm that no previous liability of the business is passed to the new owner. Our legal advisors will also guide you throughout the process before takeover the company. After setting up a foundation, we will assist you in the negotiation process and ownership transfer. In short, we will register the shelf company for you and hand over to you for the instant start of operations. Send us quick inquiry and call at our number to know more about shelf company formation in Dubai, UAE.