Description
Need a Company That Isn’t Newly Registered?
Registering a new company gives you a new CIPC registration date. That is fine for many businesses, but it can become a problem when a tender, contract, supplier or procurement requirement asks for a company that has been registered for a certain period.
An aged shelf company gives you an alternative.
Instead of waiting years for a newly registered company to build registration age, you can acquire an existing company with a 2013/2014 registration date, subject to the requirements of the opportunity you are pursuing.
What Is an Aged Shelf Company?
An aged shelf company is an existing company that was registered in an earlier year and maintained without being actively used as a trading business.
The main value is its older registration date.
This is different from buying a company with years of trading experience. An older CIPC registration date does not automatically mean the company has an established customer base, turnover, contracts, credit history or trading record.
If your requirement specifically relates to company age, however, an aged company may provide a practical solution.
Why Buy a 2013/2014 Aged Shelf Company?
A company that was registered in 2013/2014 can be useful when you need an older registration date but do not want to wait several years for a newly registered company to age.
It may be relevant when you are:
- Responding to a tender with a company-age requirement
- Applying for a contract or supplier opportunity
- Meeting a procurement requirement
- Setting up a business where an older registration date is relevant
- Working with a deadline and cannot wait years to build company age
The important thing is to check the exact requirement before purchasing.
What Makes This Company Different?
This is not simply a newly registered company.
The company has a 2013/2014 CIPC registration history, giving you access to an older registration date that may be relevant to your specific business requirement.
The company’s relevant compliance requirements have also been kept up to date, helping reduce the risk of starting with outstanding compliance matters.
What You Receive
When you purchase this aged shelf company, Biz Evolution assists with the process of transferring and updating the company for your use.
The service includes:
- An existing 2013/2014 CIPC-registered company
- Assistance with the ownership and company update process
- Up-to-date CIPC annual returns
- Relevant tax compliance requirements kept up to date
- Company documentation required for the transfer process
- Guidance through the transition process
The exact documents and requirements will depend on the company and the information required to complete the transfer.
Is an Aged Shelf Company Right for Your Tender?
This is an important question to answer before buying.
If a tender or procurement opportunity requires a company to have been registered for a particular number of years, the registration date may be relevant.
However, some tenders require much more than company age.
You may also need:
- CSD registration
- Tax compliance
- B-BBEE documentation
- Industry-specific registrations
- Financial statements
- Previous work experience
- Proof of turnover
- Professional or operating licences
- CIDB registration or other sector requirements
An aged shelf company does not automatically satisfy these requirements.
If you have received a tender or procurement requirement and are unsure whether company age is the issue, send it to Biz Evolution before purchasing.
Avoid Starting Again From a New Registration Date
A newly registered company starts with a current registration date.
If you have already identified an opportunity where company age matters, waiting several years for a new company to reach the required age may not be practical.
A 2013/2014 aged shelf company provides an existing registration history that can be considered where an older registration date is part of the requirement.
Compliance Still Matters
Buying an older company does not mean you should ignore its current compliance position.
Outstanding CIPC returns or tax matters can create problems when you need to use a company for an important business opportunity.
That is why Biz Evolution focuses on the company’s compliance position as part of the service.
The aim is to give you an older registered company while helping you understand the steps required to put it into use.
Why Choose Biz Evolution?
Buying an aged shelf company should be about more than simply receiving an old registration number.
Biz Evolution works across company registration, tax and business compliance, allowing you to access support for the wider requirements that may come with putting your company into use.
If you are buying the company for a tender, contract or procurement opportunity, you can also discuss the requirement with us before proceeding.
Need an Aged Shelf Company in South Africa?
If you need an older company registration date and the 2013/2014 period matches your requirement, this aged shelf company could provide a practical alternative to starting with a newly registered company.
Purchase online or contact Biz Evolution if you want to confirm whether this company is suitable for your specific requirement.
