How to buy a shelf company in the UK

The UK is one of the most popular jurisdictions, and its business reputation, climate, entrepreneurial culture, and government preferences enable entrepreneurs to develop their businesses immediately at the international level. However, starting a company here may take more time and effort than it might seem at first glance, but rather a rather long process that will distract you from starting a business. If time is valuable to you, Antwort Law is ready to offer the best solution - purchasing a company already registered and prepared to work in the UK.

Choosing your company’s legal status is one of the most important aspects of becoming an entrepreneur. It is important to understand that almost anyone can register a company themselves for a small government fee of around £12. However, real business experts prefer to turn to consultants because registering a company and starting a full-fledged business on its basis are two different things. In some cases, only a ready-made company is suitable for a quick and trouble-free start in this country.

One of the main arguments favouring this choice is the time savings in obtaining a tax number and VAT registration, which can take several weeks. Moreover, when registering a new company, you face several restrictions that can slow down your progress. For example, you may need some experience with your company to activate some bank accounts or apply for a loan. A ready-made company bypasses these difficulties, allowing you to reap all the benefits of your business immediately.

Also, a ready-made company in the UK has already been provided with a verified legal address. New companies often face difficulties in searching for a legal address: for example, there is a possibility of stumbling upon unreliable or mass addresses that are ineffective in communicating with clients and partners. In addition, negligence by legal address providers can lead to problems in receiving important letters or documents. A ready-made company already has a verified and functioning legal address, providing you with confidence in effective communication and prompt response to important requests and documentation.

Additionally, a shelf company already has access to a valid bank account. This can be a game-changer for your business, especially if you want to start and grow quickly. Instead of wasting time and effort setting up a new bank account, you can start accepting payments and performing financial transactions immediately. An existing bank account can also be linked to transaction history, improving your creditworthiness and trust with banks and partners. Thus, having a valid bank account with a shelf company provides a significant competitive advantage and speeds up your business's development.

Finally, the last but not least argument in favour of purchasing a ready-made company in the UK is that the country is not an offshore jurisdiction, which will allow you to avoid additional tax control of your financial transactions by most countries in the world.

A ready-made company in the UK is a way to save time and money and a confident step towards the successful start of your business. The lawyers at Antwort Law can help you avoid the pitfalls of being new to this jurisdiction and maximize your company's potential.

Lidia Ivanova

International lawyer
Antwort Law