A shelf company is a business that is already incorporated, and all legal requirements are accomplished. The shelf company is registered, incorporated and sold through accounting or law firms. The most important advantage of a shelf company is that it can start its business activity after being bought by an investor. If you are interested in opening a business in Russia, our company formation specialists can help you acquire a shelf company here.
Main characteristics of a shelf company in Russia
Usually a shelf company in Russia
as a limited liability company
or private joint stock company
. The company has founding members, directors and a registered address in Russia
and it can be set up by either an individual, either a legal entity. Our company formation agents
can offer you more details about this type of company, but you should know that the buying process requires signing a share purchase agreement
Buying a shelf company can also offer time saving advantages, otherwise spent with choosing a market, applying a business plan and incorporating the company.
Documents received when buying a shelf company
You can set up your business in Russia after the purchase of the shelf company. When buying a company here, you have to receive the following documents:
• Certificate of Inclusion, issued by the State Register;
• Certificate of Registration, issued by the Taxing Authority;
• documents attesting the legal address of the company;
• documents attesting the opening of the settlement account;
• the seal of the company;
• a license, which attests the right to legally perform the business activity in which the shelf company is incorporated in.
In Russia, it is forbidden to have as a legal address for the company the address of a residential settlement. The address stated in the documents has to be certified by the Russian tax authorities
. If you want to register a company in Russia
and you also want to employ foreign citizens, the company must have an actual office, as the Migration Law in Russia
states that foreign individuals must have a working permit
to be allowed to work here.
If you need more information about the acquisition of a shelf company in Russia
, please contact our company formation agents
, who can provide you with relevant information about the business environment