Shelf corporations

Shelf corporations

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Shelf Corporations: Why?

What is the purpose of a shelf corporation?

Shelf Corporation Purpose #1

The shelf corporation is used to assume a business history (time in business).

Shelf Corporation Purpose #2

The shelf corporation makes business start-up easier when needing to establish business credit.

Shelf Corporation Purpose #3

Shelf corporations are ideal when action must be taken immediately, such as the transfer of key assets. This may apply in cases such as taxation and asset protection issues.

Shelf Corporation Purpose #4

There are promoters of shelf corporations that advocate the use of aged shelf corporation for the repair of credit, or an alternative form of credit for those who are credit challenged.

Shelf Corporation Purpose #5

A contract was entered into in the name of a corporation to be formed and an unforeseen liability has surfaced.