When a foreign entrepreneur decides to invest in Ireland, he or she can either register a new company or purchase a shelf company. A shelf company, also referred to as a shelf company, is a legal entity that has been previously registered and is on the shelf, ready to be purchased for immediate use.

Generally, there are two types of shelf companies. They may be called differently, but the basic idea is that the first type of ready-made company is pure, that is, no transaction has ever been made in this business. Another type of shelf company is usually older and has an operating history. While an investor should exercise caution and due diligence before acquiring an outdated shelf company to avoid buying a company with debts or other liabilities, there are various benefits and reasons why investors may choose a shelf company that has been actively exploited some time ago. https://www.confiduss.com/en/info/blog/article/shelf-company-ireland/