When a foreign entrepreneur decides to invest in Ireland, he can either register a new company or buy a ready-made company. A shelf company, also called a shelf company, is a legal entity that has been registered previously and is ready to be purchased for immediate use.
As a rule, shelf companies are of two types. They could be called differently, but the main idea is that the first type of shelf companies are clean, which means that there have never been any deals in this business. The other type of shelf company is usually older and more experienced. While an investor should exercise caution and due diligence before acquiring a legacy shelf company to avoid buying a company with debt or other obligations, there are various advantages and reasons why investors might choose a shelf company that has been in business for a while. http://www.confiduss.com/en/info/blog/article/shelf-company-ireland/