Shelf corporations, or aged corporations, are companies that have been registered and then set aside to age. Typically, shelf corporations have never conducted business activities, have no debts or liabilities, and have no bank accounts. After these corporations are allowed to age, they are sold to individuals interested in owning an established company with a clean history.
You get to start with a company that already has an established history.
A company with a history is more likely to be selected as a business partner and have more credibility with lenders and suppliers.
Business image always improves with the age of your company. The way the public views your business is crucial to your success.
Banks will look favorably upon your company if it has a clean history. This could result in numerous financial benefits in the future.
In many scenarios, if you wish to bid on a contract it is required that your comapany is of a minimum age. Purchasing an aged shelf corporation will eliminate the waiting period you would have otherwise experienced.
Some government contracts are only available to companies that have been in operation for a certain number of years. An aged shelf corporation will open up these new opportunities.
Business credit and financing is much easier to obtain for older companies.
Your company is ready to go if you need to begin your business quickly. You can avoid the hassle of registering your new business from the beginning.
Clients trust a company that has been in business for a number of years. It builds a sense of confidence and trust between your clients and your business.
It is easier to obtain trade credit from your suppliers when you can show that you have already been in business for a number of years.
Usually, the older the company, the higher it's standing in the business community
Please beware of companies that offer your shelf corporations with bank accounts and credit lines. The nature of shelf corporation is to be clean and purchasing a corporation with existing activities may put you in danger for unpaid taxes and other legal issues.
Here at Business Development Centre, all our shelf corporations are in good standing with no debts, liabilities, or defaults, and you can perform due diligence searches to confirm that.
If you wish to buy a shelf corporations, please contact us with your requirements.
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