Buying an Offshore shelf company in Belize can be a relatively straightforward process. A shelf company, also known as a ready-made company, is a pre-registered business entity already incorporated and has not conducted any business activities.
Here are the steps to follow to buy a Belize shelf company:
- Find a reputable service provider: Look for a reliable company formation service provider in Belize. You can search online, check reviews, and ask for recommendations.
2. Choose a shelf company: Once you have found a reputable service provider, select a shelf company that meets your requirements. You can choose a company with a specific name, age, or share structure.
3. Conduct due diligence: Conduct thorough due diligence before purchasing the shelf company. Verify that the company is in good standing with the Belize Companies Registry and has no outstanding liabilities or legal issues.
4. Sign the purchase agreement: Once satisfied with the due diligence, sign a purchase agreement with the service provider. The contract should include details such as the purchase price, payment terms, and transfer of ownership.
5. Transfer ownership: The service provider will then transfer the ownership of the Belize shelf company to you. You must provide identification documents and sign relevant documents to complete the transfer.
6. Update company details: After taking ownership of the shelf company, you must update its details, such as the registered office address, directors, and shareholders.
7. Start your business: With the shelf company now under your ownership, you can start your business activities in Belize.
While buying a shelf company can save you time and effort in setting up a new business, you should still seek professional advice and understand the legal and tax requirements of operating a shelf company in Belize.
Business Setup Worldwide can assist you in buying a one-shelf company in Belize.
Find out more about why Belize is a favorable offshore destination for you.
Contact us if you are interested in buying one. We’ll guide you throughout the process.