Do you need a Company for Tenders and Contracts Quickly? Get a Shelf Company here – today. We have many Shelf Company Options for sale. Stock is limited. Pricing Starts at Only R1990 (All Inclusive). Choose your option below and start trading today, or contact us on 082 380 6551 over the lockdown in South Africa.
Shelf Company Options:
The older a Shelf Company is, the more it is in your benefit for Tenders / Contract / Financing / Rentals which requires Companies to have an older Registration Number to apply. That is, if you have been trading already; or if you have experience in your industry. The cost of a basic 2019 Shelf Company excluding Tax Clearance is R1990. More options follow below.
LIMITED STOCK: Stock is limited. All Shelf Companies are sold on a ‘first come, first serve’ basis.
Shelf Company with a VAT Number:
If you have not actively been trading with a Registered Company, VAT Registration will NOT be possible for your company to get within less than 2 months. Due to this problem, we have setup Shelf Companies with a PAYE Number and VAT Number which can be activated within 1-2 weeks.
Shelf Company with a COID Number & Letter of Good Standing:
If you have not actively been trading with a Registered Company, the COID Registration and a Letter of Good Standing will NOT be possible for your company to get within less than 3 weeks. Due to this problem, we have setup Shelf Companies with PAYE, a COID Number and a Letter of Good Standing.
Please note: The Shelf Company Options are more expensive than a normal Company Registration due to its advantages for tenders and contracts. If you do not need a Shelf Company: Register a New Company Only @ R990 Company Learn more about Shelf Companies here, or signup below to get your own Shelf Company asap.
Your Guide: how to buy a Shelf Company in South Africa
A Shelf Company might seem complicated, but it’s actually quite simple. Here’s the definition, why it’ll benefit your business and how you can get one in South Africa.
In this post, we’ll talk about the specifics of buying a Shelf Company in South Africa. We’ll discuss what a Shelf Company is and also, how it’s beneficial to your business. Our experts also answer various other questions relating to obtaining a Shelf Company in South Africa.
This post is for you if you’re interested in getting a Shelf Company, however, it’s also for you if you’re not 100% sure, because you still have a few questions on Shelf Companies.
If you have any questions on getting a Shelf Company in South Africa, click HERE to get free consultation.
Our experts have been assisting South African entrepreneurs since 2006 with all their business-related questions, for example getting a Shelf Company in South Africa. If you have a few questions regarding Shelf Companies, don’t worry, our experts have compiled all the questions they frequently get from South African entrepreneurs, and they’ve answered them all below.
Here are the questions we’ll be answering (you can skip to the section you’re interested in):
- What’s a Shelf Company in South Africa? What is a Shelf Company for?
- What’s the benefit of a Shelf Company in South Africa?
- Is a Shelf Company like a Pty?
- Is getting a Shelf Company in South Africa legal?
- How to get an older Company Registration number?
- Why should I get an older Company Registration number?
- How can I buy a Shelf Company in South Africa?
- What documentation do you need to register for a Shelf Company in South Africa?
FAQ’s on Shelf Companies in South Africa:
What’s a Shelf Company in South Africa?
A Shelf Company in South Africa is essentially just a Pty Company. The only difference is that a Shelf Company is a preregistered company. The reason it’s already registered at the CIPC is to save you time. The aim of a Shelf Company is getting a legally registered company, along with its registration number, as soon as possible.
So, a Shelf Company is just a Pty company that has already been registered – using a generic Company name. That means you can start using it ASAP; you don’t have to wait for registration. In short, whether you’re buying a Shelf Company or a new Pty Company, you’re buying a Pty Company that’s officially been registered at the CIPC and has never been traded with before. A Shelf Company is just preregistered by us to save you time.
Shelf Companies are the perfect option for businesses who need an older Company Registration number to trade with or apply for Tenders with, or entrepreneurs who need a Company Registration number as soon as possible.
What is a Shelf Company for?
The sole purpose of a Shelf Company is having a registered company available for anyone who needs a company ASAP. Company registration is not an instant process; documents need to be processed before you’ll be issued a Company Registration number. Buying a Shelf Company allows you to get a Company Registration number instantly.
You can, for example, buy a company with the name AB Security Services if your company is a security service company. You can apply to Tenders immediately using that Company Registration number and if you don’t like the name you can simply change the name. The Company Registration number will stay the same.
What are the benefits of a Shelf Company in South Africa?
Essentially a Shelf Company is a pre-registered Company that will benefit you when you want to apply for Tenders. Here’s why buying a Shelf Company in South Africa can be beneficial to you:
YOU GET AN INSTANT REGISTRATION NUMBER
As a Shelf Company is a pre-registered company, there’s no need to wait for the registration process.
You can INSTANTLY get a Company Registration number to use to apply for Tenders when you buy a Shelf Company. You can always change the name of the company if you don’t like the generic name, but the Company Registration number will always stay the same.
IT’S THE FASTEST WAY TO GET A LEGALLY CIPC-REGISTERED COMPANY
A Shelf Company is a normal Pty (Ltd) Company that’s already been registered at the CIPC. That means you don’t have to wait for any documentation to be processed. Once you buy the Shelf Company, the PTY is legally registered; it’s yours; and it’s ready for use.
IT’S THE EASIEST WAY TO GET A NEW COMPANY (ALMOST NO ADMINISTRATION NEEDED)
As a Shelf Company is a registered Pty, you don’t have to go through all the Company Registration red tape; that’s already completed.
Also, even though it’s already registered, a Shelf Company is a company that’s never been used by another business before. So even though you’re buying an existing company, it’s a clean slate for you to trade with for the first time.
IT’S THE FASTEST WAY TO GET TENDER-READY
If you need a Company in less than a week, a Shelf Company is your only option. Especially if you have an upcoming Tender or contract for which you need to apply to within a few days.
AN OLDER REGISTRATION NUMBER BUILDS CREDIBILITY FOR TENDERS / CLIENTS
If you’re buying a Shelf Company from us, you can decide how old the Company Registration number should be. It’s often beneficial to choose a Company Registration number that’s older because it implies that your business has been trading for multiple years.
When you register a new company, even though your business has been trading for multiple years, your Company Registration number will only indicate the year it was registered.
An older Company Registration number often builds trust when applying for a Tender or when presenting a client with your products/services. People associate multiple years of trading with stability and credibility.
However, you can choose whether you buy a 2018, 2016 or even an older Company Registration number. There is no difference except the year the Shelf Company was registered in. They usually become more expensive the older they are.
Is a Shelf Company like a Pty?
A Shelf Company IS a Pty Company. There is no legal difference; there are only a few technical differences. Here they are:
Registering a new PTY takes longer
The most significant difference between a Pty and a Shelf Company is the amount of administration you still need to do. Getting a Shelf Company is much easier and faster. It has almost no waiting period. A Pty takes about a week to be legally registered at the CIPC and for a Company Registration Number to be issued.
Buying a Shelf Company means less administration
You don’t have to register a Shelf Company at the CIPC, because it’s already registered. If you want a Pty, you still have to go through all the administration of registering a new Pty.
A Shelf Company already has a registered name
As a Shelf Company is pre-registered to save you time and administration you already have a company name (when buying a Shelf Company, you can choose from the available names). However, it’s really easy to change the name afterwards.
If you want a Pty, you still have to go through all the administration of registering a new Pty and reserving a new name (you first have to reserve a name, and then the CIPC will let you know if it’s available) before you can register your company under your reserved name.
A Shelf Company has an older Company Registration number
The last difference is the Company Registration number. The CIPC issues a Company Registration number when all the paperwork is processed. That means if you want a new Pty now, the Company Registration number will be linked to 2019 and it will take at least a week.
If you want an older Company Registration number, the only way to get that is to buy a Shelf Company from us that’s officially been registered in the year you want, for e.g. 2016.
Is getting a Shelf Company in South Africa legal?
Yes, it’s 100% legal to buy a Shelf Company in South Africa. A Shelf Company is a company that has already been legally registered as a Pty Company at the CIPC. Buying that Pty means you legally buy that Pty, along with the Company’s Registration number. It also offers you the legal right to change your company name after you’ve purchased it.
How to get an older Company Registration number?
A Company Registration number is always connected to the date of registration at the CIPC. That means, there are only two ways of getting an older Company Registration number. The first is buying someone else’s company and the second is buying a Shelf Company.
If you want to register your own business or a new business with an older Company Registration Number, your only option is buying a Shelf Company because it’s a company that has already been registered, however it has never traded.
We have Shelf Companies available with 2018 / 2016 and 2014 Registrations Numbers.
Why should I get an older Company Registration number?
There are a couple of advantages to an older company registration number, but most importantly an older Company Registration number can help you to submit great Tender and Contract applications. To summarise all the reasons an older Company Registration number can boost your business, we’ve created an entire infographic on this subject right HERE (INFOGRAPHIC).
How can I buy a Shelf Company in South Africa?
You can buy a Shelf Company from any person or organization who have registered Shelf Companies to sell.
We specialise in Company Registration and Company Documentation, so our experts have registered multiple Shelf Companies for various industries that you can purchase.
Getting one is simple: just connect with one of our Shelf Company experts.
You can contact our Shelf Company Experts by contacting us HERE or calling us over lockdown on 082 380 6551.
What documentation do you need to register a Shelf Company in South Africa?
To buy a Shelf Company you need to be 18 or older; you need to have a South African residence; and an ID / Passport. That’s it!
Do you have any more questions on Shelf Companies? Directly call one of our experts for a free consultation on 082 380 6551 over South Africa’s lockdown.