Get a Head Start in Business: Shelf Company Registration in Kenya

A shelf company is a pre-existing company that has already been registered but has not yet started doing business. It is also known as an “off the shelf” company. In Kenya, registering a shelf company is a process that can be done by an individual or a company. These companies are usually registered by professionals such as lawyers and accountants, who hold them on their books until they are sold to someone who wants to use them.

Benefits of Using a Shelf Company

• Shelf companies are already registered and have a legal existence
• They save time compared to registering a new company.
• They can be used for various purposes such as opening a bank account, obtaining a business license or procurement.
• They are useful for people who need to start a business quickly.

How to register a Shelf company in Kenya

1. First you need to find a reputable company that can provide you with a shelf company. You can search online or ask for recommendations from lawyers and accountants.
2. Once you have found a company that can provide you with a shelf company, you need to make sure that the company is in good standing with the Registrar of Companies.
3. Next, you will need to provide the company with the necessary information, including the names of the directors and shareholders, the company’s goals, and contact information for the directors and shareholders.
4. Lastly, you will need to pay the fees for the shelf company and any additional services such as opening a bank account or obtaining a business license.

Things to keep in mind

• It is important to remember that the shelf company is pre-existing and may have some debts or liabilities that you will be responsible for.
• Therefore, it is important to conduct due diligence and research on the shelf company before purchasing it.
• It is also important to keep in mind that the shelf company may have a different name than the one you want, so you may need to change the name of the company.
• It is important to remember that the company is pre-existing and may have some debts or liabilities that you will be responsible for.

Conclusion

In summary, registering a shelf company in Kenya is a smart and efficient way to start a business quickly. A shelf company is a pre-existing company that has already been registered but hasn’t yet started doing business. With the help of experts like Wambui Kabiru Consulting & Co., the process of acquiring a shelf company and ensuring that it is in good standing with the Registrar of Companies is made easy.

With Wambui Kabiru Consulting & Co, you can have peace of mind knowing that you are in safe hands, as we provide you with a reputable and legal shelf company, conduct due diligence and research on the shelf company and also help you with opening a bank account and obtaining a business license. We help you through every step of the way, making sure that the process is stress-free and convenient for you. In addition, we also offer nominee shareholder agreement to hold shares for the company at a reasonable fee.

Don’t waste your time and resources on starting a business from scratch, take the smart route and register a shelf company with Wambui Kabiru Consulting & Co. today!