What you should note when buying a shelf company in Zimbabwe

The advent of shelf companies came as a relief in the early 1990’s to investors who wanted to commence business quickly without going through the sometimes timeous company registration process. However there is need for buyers to take note of the following:

1. Ensure that all documents are genuine by conducting a file search

As shelfcompanies.co.zw we guarantee you that all our shelf companies are genuine. They were properly registered with the Companies Registry. However, to ensure that all documents are genuine, you can conduct a file search at the Companies Office.

2. Shares must be transferred from the subscribers to the buyers

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3. The seller must surrender all documents pertaining to the company

4. All statutory returns which became due before the company was sold must be up to date or must be updated by the seller

5. The person or firm which registered the company must submit the first CR 6 form changing the director and secretary

6. Always deal with professionals