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Southern African Youth Project

Shelf Name & New Company

A legal Proprietary Limited company that has already been registered at the CIPC, but it has never been used before to trade with is termed as Shelf company. Such companies allow no need to wait the legal and legislation process before one canapply for Tender or trade, contract with it or Request for quote.

The answer to the question that why one would buy a shelf company has some

common include.

1. It saves the time that is involved to take steps in creating a new corporation.
2. It also allows to gain the opportunity and prospect to bid on contracts.

In South Africa, one can buy a Shelf Company that is legally CIPC registered from Company Partners by making one Toll Free call on 0800 007 269. On the other hand, aalternatively, registration form for the Shelf Company can also be completed. One can get a brand-new Company Registration number within one day once the Shelf Company is bought.