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Company Formation Macedonia



Shelf Company in Macedonia

Updated on Sunday 02nd February 2020

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Shelf-Company-in-Macedonia.jpgShelf companies in Macedonia are ready-made companies which are available for local and foreign entrepreneurs interested in placing their businesses without having to wait for the incorporation procedure. Even though the ownership transfer of such type of company is an easy process, we recommend you talk to our company formation agents in Macedonia for complete information and assistance for your future business, whether it is a ready-made company, or you want to start your firm from scratch.

What is a shelf company?

A ready-made company is a registered company kept on a shelf and prepared for business at any time. Such a company has a history behind, but no activities on the market, and is directed for investors wanting a fast start on the market with their activities. Entrepreneurs can buy ready-made companies and commence a wide range of activities, as agreed by the Companies Act in Macedonia.

Who can purchase shelf companies in Macedonia?

Both local and foreign business persons are allowed to acquire shelf companies in Macedonia, as long as they respect the rules of the ownership transfer and the preparation of documents. We can handle the entire procedure of purchasing ready-made companies in Macedonia, therefore, please feel free to address to our company incorporation specialists in Macedonia.

Documents for buying a shelf company in Macedonia

The Central Registry of the Republic of Macedonia oversees the registration of vintage shelf companies in this state for both nationals and foreigners interested in this type of purchase. Future owners need to file the statutory documents of the company and need to submit their identification documents, plus their signatures. We remind that such company will have a board of managers for which their signatures are mandatory.

Are there any risks linked to a shelf company purchase?

No, there are no risks to think of when deciding on a shelf company in Macedonia because such a company has no debts or liabilities, it is only registered and kept on a shelf until it ages and until someone decides on purchasing it. More than that, if you want to be 100% and have no second thoughts, you can ask for company due diligence from our team of company incorporation agents in Macedonia. This is a specific procedure which can be handled by our consultants and which reveals complete information about the status of a firm, the background history, and information about any unpaid taxes if any. Vintage companies have no risks at all, however, you are entitled to verify them before any purchase. Let our team of consultants tell you more about the features of shelf companies in Macedonia and about the ways you can purchase one.

How fast can I buy a shelf company in Macedonia?

The ownership transfer of a shelf company in Macedonia is made within a few days, as soon as you get in touch with our team of consultants in Macedonia. It is good to know that there is no need for you to travel to Macedonia to buy a ready-made company. The only thing for you to do is to get in touch with us and send us notarized copies of your identification documents. As for our part, we will manage the registration of the shelf company on your name and send you the documents which need to be signed by you. Shelf companies can be established in any sector of interest and can have all sorts of activities. Even if you do not live in Macedonia, but you are interested in having a shelf company, it is best to observe and verify the activities of your firm in this country. If the business expands, you can think of other investments too.

The differences between a shelf company and a traditional one

A foreign or a local investor has a multitude of business opportunities in Macedonia, and among these, the possibility of starting and registering a company from scratch or buying a vintage company. There are certain differences between these two, meaning that a shelf company is already registered and there is no need to wait for complex formalities compared to a new company for which the registration procedure might prolong. A ready-made company in Macedonia can be activated as soon as the ownership documents are signed by the new proprietor, whether local or from abroad. As for a traditional company, an entrepreneur will have to respect a few important steps like opening a bank account, applying for special licenses and permits, registering for tax purposes, apply for company seal, hire staff, and register for social contributions.  In the case of a vintage company, the things simplify in a large percent, however, business persons might solicit company due diligence just to be sure that there are no debts involved and the background history is clear. 

FAQ about shelf companies in Macedonia

1. Do I need to travel to Macedonia for purchasing a shelf company?
No, there is no obligation to travel to Macedonia and buy a ready-made company. All the requirements in this sense can be handled by our team of consultants in Macedonia.
2. What are the benefits of a vintage company in Macedonia?
There is no need for you to consider the incorporation procedures for such a company as it is already registered in Macedonia. Moreover, you can commence the activities in a fast manner, once the ownership transfer is concluded.
3. Is it a shelf company in Macedonia trustworthy?
Yes, you do not need to consider any risks at all because a vintage company has no debts involved, and that because it has no activity. Nevertheless, you may request a company due diligence for further verifications, in order for you to be sure about the vintage company purchase.
4. Do I receive support in matters of documents for my shelf company?
Yes, our company formation agents in Macedonia are at your service and can help you with drafting the documents for purchasing such a company. The notarized copies of your identification documents are necessary for buying a shelf company, and once they are accepted, the only thing for you to do is to sign the ownership transfer and send us the documents. Our team can also help you register for VAT purposes.
5. Why should I purchase a shelf company in Macedonia?
If you are the type of investor who doesn’t want to wait for all the registration formalities of a normal company, you may direct your attention to a vintage company which is already incorporated. This kind of company can be ready for business as soon as you receive the document showing the ownership.

The advantages of ready-made companies in Macedonia

There are many reasons why foreigners decide on a ready-made company purchase instead of creating a new one from zero. The following benefits usually stand at the base of shelf company acquisition in Macedonia:
  • •    these companies do not have debts or liabilities and are ready to be used;
  • •    there is no need to wait for incorporation, as this type of company is already registered;
  • •    the financial institutions can easily offer credit loans for shelf companies in Macedonia, as they are trustworthy on the market;
  • •    this type of firm has a notable business address in Macedonia and a registered bank account;
  • •    a ready-made company in Macedonia has an accounting history for at least two years;
  • •    the ownership transfer can be issued in approximately one or two days.
If you are interested in more details about how you can buy a shelf company in Macedonia or if you want to register a company in Macedonia, we invite you to contact our team of advisors at any time.

Meet us in Skopje

Call us now at +381605001680 to set up an appointment with our lawyers in Skopje, Macedonia. Alternatively you can incorporate your company without traveling to Macedonia.

As a Balkanski Centar Group client, you will benefit from the joint expertize of local lawyers and international consultants. Together we will be able to offer you the specialized help you require for your business start-up in Macedonia.

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The team from CompanyFormationMacedonia.com is very qualified and benefits from extensive expertise in this area. I would definitely recommend them to any entrepreneur decided to start his own business here.

Mihai Cuc, Partner of
Enescu&Cuc; Law Firm

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