A corporation which does no activity and was formed prior in order to promote the name of the corporation is referred to as Shelf corporation or Aged corporation. Shelf and Aged corporation could be involved in any kind of lawful unit.
The legal entities comprises offshore and international entities like LLC’s and U.S. domestic corporations. The phrase “shelf” or “aged” corporation only notifies the company which has previously been filed with legal entities and is waiting “on a shelf” as it needs to be purchased.
The benefits of the Shelf Corporations would be
Available at an instant – The Company created is available to sell immediately and can be transferred to the buyer rather than needing to wait for government filing.
Credibility expected by the clients
Increased chances in getting the government contracts for these Shelf Corporations with Credit. Normally a state contracts needs that the business should be in track for atleast two to four years
Credits can be easily accessed
Venture capital can be easily obtained
It is very simple to make a firm “public”
Shares can be sold at a stock exchange easily
Incorporation of your company can done in a quicker time through Aged Corporations
It is lot easier to display your business in a stage where your competitor firms need to struggle for the existence.
Hence, Aged Shelf Corporation are one of the best techniques to carry out your business in a easier way.
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