Acquiring a shelf company in Singapore is a straightforward process that involves several key steps. First, the buyer needs to select a reputable service provider or corporate agent that specializes in shelf companies. These companies are pre-registered, inactive entities that can be quickly transferred to the new owner. The next step is to choose a suitable shelf company in Singapore from a list offered by the service provider. Factors to consider include the age of the company, as older companies may offer advantages in terms of credibility. Once a company is selected, the buyer must complete the necessary due diligence. This involves verifying the company’s compliance with local regulations, ensuring there are no existing liabilities or unresolved legal matters, and confirming that the company has been inactive since its incorporation. After due diligence, the buyer will enter into a sale agreement with the provider, transferring ownership of the company. This typically includes updating the company’s directors, shareholders, and registered office address. The final step involves registering the transfer with the Accounting and Corporate Regulatory Authority (ACRA) in Singapore. Once the process is completed, the shelf company is officially under the new owner’s control, allowing them to begin operations immediately without the need for lengthy registration procedures.