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  1. When it comes to acquiring a company, it is important to understand and decide whether you want to register a completely new company and start from scratch or choose a previously established or established company that has already been registered in advance. Shelf companies are also called paper companies or shelf companies (letterhead companies) due to the structure of their acquisition process. Typically, the company has already fulfilled all the requirements for legal registration. Thus, it is ready to be purchased by any person willing to skip the registration and registration process. Accounting and various law firms usually sell such companies. The mentioned companies do not conduct any trading or business activities, they simply exist in standby mode. https://www.confiduss.com/en/info/blog/article/company-acquisition-cyprus/

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