One of the main reasons why investors may prefer buying a ready-made company rather than creating a new legal entity is the difference in time spent on both procedures. When creating a new company, an entrepreneur must go through complex and time-consuming procedures, while a ready-made company is already registered, so the business can start working almost immediately. In Ireland, new shareholders can usually obtain a company number within 24 hours or even the same day. Another important advantage is additional credibility with suppliers and customers, if the company was registered a long time ago, and not recently. In addition, if you work as a sole trader or in partnership with a legal entity that was established in the past, you can also benefit from tax planning. https://www.confiduss.com/en/i....nfo/blog/article/she
