A ready made company can then be sold to a person or group of persons who wish to start a company without going through all the procedures of creating a new one. Common reasons for buying a ready made company include the following:

• To save the time involved in taking the steps to create a new corporation

• Bank account ready

• To gain the opportunity to bid on contracts. (Some jurisdictions require that a company is in business for a certain length of time to have this ability)

• To show corporate longevity in order to attract consumers or investors

• To gain access to corporate credit.

• To enroll for developers account like Apple developer enterprise by filling all requirements

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