There are many business owners who show a great interest these days to start a shelf company. These business owners feel that by starting such a venture they can have great benefits. Well, that’s true to some extent. But when you are new to a thing, you must do research about it and then you take steps to go for it. The same goes for those who want to start a shelf company. First you need to understand what the shelf company is and what are the benefits it can deliver. Shelf company is the company that has no liabilities, assets, no business activity, etc. So what you will do with this type of company? When you have a shelf company, you can really do the business with ease. A shelf company is often considered as a more reliable entity.
Shelf company in Ireland
Due to this reason, you can easily get loans from the bank, getting credits from the market will also become easier and you will do the business in a hassle free manner. To establish such a company first you need to choose a location. And what can be better than selecting Ireland as the location to start the shelf company. Shelf companies in Ireland are appearing these days frequently. And these businesses are doing great.
Get exempted from taxes
By starting a shelf company at this part of the world, you can have great benefits. Apart from collecting the benefits that the shelf company in Ireland can bring, you will also be able to take complete advantage of the tax benefits of this country. Your start up can even get exempted from taxes for three years or so in Ireland.