Importing and Exporting Celulars and Electronics
Virtual Zone, LLC is an international wholesale technology equipment supplier. We offer a wide range of new and refurbished equipment from the biggest brands on the market, and we send them anywhere in the world to satisfy the needs of our clients. Thanks to the high quality of our commercial management and our attractive sales catalog, we became a leading cellphone distribution company in the United States, Latin America, the Caribbean, Asia, and Europe.
Hi, my name is Florian Wilk. I'm the director of Satos Management Services LSE in Tbilisi, Georgia. And today I want to explain to you what is a shelf company and what it can be doing for you and what is the advantage for you if you may use one. Shelf company basically is a legal entity which is already incorporated. So it's an existing company. It can be an LLC or JSC, means limited liability company or joint stock company. And it's already existing. So you're not starting with a completely new company. Sometimes it can be important for business partners or for banks to see that you're not working with a company which was incorporated last week. So there's companies which are one, two, three years old and you can use them in order to have a little bit of a history. And also it can be very useful. For example, if you want to take advantage of the virtual zone status. If you are in the internet IT software industry and you want to be exempt from your corporate income tax, then usually you have to file an application with the Ministry of Finance, which we're happy to do for you of course, but it takes time. We need two, three, four months in order to get a reply from the Ministry of Finance and it's not a procedure of two weeks only. So if you don't want to wait, if you want to start your business, you have always the option to take over a shelf company, to change it into your name. You can become the shareholder of the company. You can appoint your own director if you can directly start coding to write invoices, make agreements, whatever you do, you are ready to start and this is a great thing in order to speed things up, in order to make things more smooth for your business. We have a few companies, LLCs and JSCs, which are ready for you to purchase. So you can just take them over and start your business operations immediately. If you want to come to Tbilisi, that's totally fine. We're happy if you visit us in our office in Tbilisi, but it's also possible if you don't find the time or if it's too far, you can always up post your passport copy and the power of attorney and send these doc If you want a list of shelf companies, just send me a message on my WhatsApp or email, you find my contact details below the video. Please I would highly appreciate it. Thank you very much for your attention, have a great day and take care. Yours, Florian Mu00f6ck.
