These are companies that have no activity and were registered with the purpose to be on shelf for a few years and then sell them. They are also known as "Aged Corporations".
Some people prefer to purchase these companies because they are already incorporated and have years of existence.
Advantages of Shelf Companies:
1. They can be used right away without taking the regular steps of incorporation.
2. Some foreign banks require that the corporation have a few years of existence.
3. For tax strategies.
4. To gain easier access to corporate credit.
5. To create corporate longevity. This may increase consumer confidence.
The fees for these companies will depend on the year of incorporation. For more information contact us. |
