Ready-made companies, also classified as shelf companies, are newly incorporated companies that are dormant or old. E&S may assist prospective clients in acquiring companies from their portfolio which would be readily available.Once acquisition is done, the company may begin operations and trade upon purchase.
Clients may prefer purchasing a ready-made company rather than incorporating a new one for various reasons. Some of the benefits include:
- A quick and time efficient process to set up an already existing company in Malta.
- Gaining the opportunity to enter into contracts, once the company has been in business for a certain length of time.
- Creating an appearance that the Malta company has been around for longer, providing a boost to investor or consumer confidence.
Maltese companies having existing licenses and authorisations from the Malta Financial Services Authority, to operate in particular industries would require prior clearance of the MFSA. These sectors include banking, e-money, payment services, insurance, investment services and virtual financial assets. Such clearance can be obtained after submission of appropriate due diligence documentation concerning incoming officers and shareholders, together with updated business plans and related documents.
E&S is able to assist clients with all documentation required throughout the process of acquiring a ready-made company.