If you know anything about establishing a brand new company in Indonesia, you’ll know that there are many steps to registrations and a plethora of legalities to consider. Luckily, there is an alternative to starting your own company from scratch: shelf companies.
A shelf company is a ready-made Indonesian company that has already been established. To obtain one is as simple as purchasing one and transferring ownership from the seller to you.
One major benefit of a shelf company is that they have been established for a few years – these are called aged shelf companies. A shelf company is like a fine wine: the older the better. An older company gives the appearance of.
So, should you buy an aged shelf company or establish a brand new company? Here are some reasons why you should consider purchasing an aged shelf company.
When You Should Consider Buying an Aged Shelf Company
You Don’t Have the Time
While it takes the same amount of time to transfer ownership of a shelf company as it is to establish a new company, the company registration process is a truly grueling process. You must apply for multiple licenses and fill in many applications. Luckily, you can skip all those steps with an aged shelf company. All you’ll need to do after purchasing is revise all documents to transfer all names to your chosen shareholders, director, and commissioner
You Need to Enter a Market as Soon as Possible
Maybe there is a market trend you are trying to tap into before the hype dies down. Instead of spending time on the company registration process, you can purchase an aged shelf company and focus on positioning your company in your targeted market. You can get your business up and running right after
You Have Limited Capital
Establishing an Indonesian limited liability company can be expensive, especially if you want to start a relatively large one. Starting a new medium-sized company required a paid-in capital of at least IDR 500,000,000, but you can purchase an aged shelf company of the same size for less than IDR 120,000,000.
So, You’ve Decided to Purchase an Aged Shelf Company…
That’s great! We can also help you with the process. We have some aged shelf companies you can buy right now, just fill in the form below so our consultants can get you started.
