Readymade vs Founding from Scratch

This page is to help you understand what the differences are between a readymade and a company from scratch.

What is a readymade company?

A shelf company is just setup so it is ready to be taken over. It is fully registered and has a local tax number. We set up these shelf companies and have already carried the costs, you are now considering.

Why is a shelf company so advantageous?

The advantage is in the time saved. Once the sales contract has been signed with the notary, you can engage in business, more precisely, write invoices with customers inside Germany or outside the EU – the company already has its tax number.

What is the disadvantage with a readymade company?

A disadvantage? Well, the opening costs and a minor fee for the services are requested. This explains why a readymade is more expensive than a company founded from scratch. Weigh these higher costs against the significant time advantage to get your business running and decide for yourself.

Tell me, are there really no risks in buying a shelf company? The thing is that it's already existing and many transactions may have been done with this company. I'm reluctant to cover debts for someone else!

Generally, you fears are correct. However, you may rest assured with Beam as we have founded this company ourselves. These readymades are clean! We even guarantee the "virginity" of these companies with € 1,500. You will be on the safe side with us.

Does the readymade company come with a bank account?

Yes, it does.

This sounds so easy, then why do people still found from scratch?

Well, we guess it is because of the fees. Having taken over the efforts and costs of opening a company from the very beginning, we want to have this service also remunerated. If our fees are outside of your budget, then maybe take out the services from our associate lawyer, Alexander von Engelhardt. You can still have your virtual office with us.

We're undecided, which should we take. Can you give us an overview of the difference?

Sure.