What is a ready-made company?
It is a company formed solely for the purpose of its resale, i.e. it is registered in the commercial and trade registers; it is registered for the payment of the corporate income tax, its registered capital has been paid up in full and it has no outstanding obligations.
Which are the advantages of buying a ready-made company?
By buying a ready-made company, you can save time and you will be able to start your business almost instantly following its purchase.
Can you describe the course of buying a ready-made company?
We will prepare all of the necessary documents for you. We will arrange a meeting at the notary based on your time availability and we will deal with all of the administrative and legal issues.
When can I start my business?
The new executive director/director (member of the board of directors) is elected at the meeting with the notary and the new director will be entitled to act for and on behalf of the company with an immediate effect. This means that you do not have to wait for the entry in the commercial register.
Can I change the name of the company and its registered office?
Yes, we will be pleased to arrange this on your behalf from the legal point of view.
Is it possible that there are several members buying a ready-made company?
Yes, the ownership interest may be divided in accordance with your requirements.
Does the company have a trade licence?
Yes, our companies are registered for unqualified trade (“Manufacturing, sales and services not mentioned in Schedules 1 to 3 of the Trade Act”). If you are interested in a different trade licence, we can change/amend it in accordance with your request.
What shall I be careful about?
If you wish to set up a limited liability company, you have to avoid the so-called splitting of companies: a limited liability company with a sole member cannot be the sole member of another limited liability company. Also, an individual can be the sole member of the maximum of three limited liability companies. If these rules are breached, the contract for the ownership interest transfer would become invalid.
