It is of vital importance to the parties wanting to conduct business in Poland, to either register a new company, or choose a ready-made shelf company. In the case of a shelf company in Poland, the party might be able to bypass the stringent government regulations and begin trading as soon as possible.
The Reduction in Delay
These shelf companies are usually old enough to facilitate the bypass the elaborate formalities that are required in case of the formation of a brand new company and brings about a fast entry into the market. This is of some importance in case of some investor since it can save not only time, but also a considerable amount of capital. Since many parties are not interested in a long engagement in business with the country, and want a company simply for purposes like buying property or bidding, shelf companies come as a healthy alternative.
The Legal Proceedings
Establishing a new company is a matter of going through some elaborate legal proceedings that is often highly undesirable. The process can often be long and tedious, especially in the instance that the provider is inept or inefficient. The quickness of the entire thing in the case of shelf companies, cannot be enough emphasized. This is this quickness and efficiency of getting work done, that more and more investors are looking forward to buying shelf companies instead of laying the foundation of a new company.
Shelf Companies vs New Companies – A brief Comparison
As already talked about, Shelf companies do provide some perks and advantages over New companies. But the benefit that one gets with new companies is that one can create a new company the way one wants. This is not allowed in a Shelf company. The extent of change you can bring in a Shelf company becomes quite limited. But then, it all depends upon the requirement of the concerned investor and the priorities that he wants. Both kinds of companies have their own pros and cons.
But if you are going to buy a shelf company, go for the right shelf company with the correct reputation and history as it is quite important. A good provider for the company has also to be chosen to avoid any sort of unnecessary difficulties and delays. Following these steps will make sure that your journey of setting up your company remains smooth and you don’t face any difficulty whatsoever.