Frequently Asked Questions

Shelf corporations, or aged corporations, are companies that have been registered, set aside to age and then sold to individuals interested in owning an established company with a clean history.

By purchasing a shelf corporation you will access numerous advantages such as:

• Business History - You get a company with already established history.
• Credibility - 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 - Business image always improves with the age of your company.
• Bank Loans - Banks look favorably upon your company if it has a clean history.
• Contracts - Bids on contracts often require a company to be of a minimum age.
• Government tenders - Some government contracts are only available to companies that have been in operation for a certain number of years
• Creditworthiness - Business credit and financing is easier to obtain for older companies.
• Faster Launch - 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 Acquisition - Clients trust a company that has been in business for a number of years.
• Trade Credit - It is easier to obtain trade credit from your suppliers when you can show that you have been in business for a number of years.
• Prestige - Usually, the older the company, the higher it's standing in the business community

In addition to excellent customer support by one of our skilled business specialists, you will also receive:

• Certificate of Incorporation
• Articles of incorporation
• Share transfer agreements

For a nominal cost you can also obtain the following:

• Stock certificates
• Corporate Minute Book
• Corporate Seal
• Change of Directors and Officers
• Change of Address
• Change of Corporate Name
• Registration of Government Tax Accounts (Such as GST, PST, Payroll and WSIB)

Yes - our corporations are free of debts and liabilities and have never defaulted.

British Columbia Corporations - No, you do not require any resident directors.

Federal or Ontario Corporations - Yes, at least 25% of your board must be made up of Canadians. You do not have to be a Canadian citizen. All you need is to be a Canadian resident as specified under the Income Tax Act.

A provincial corporation must have a head office in the province where it was registered. However, you can transfer the corporation to another province or establish an office in multiple provinces.

You can locate your federal corporation in any province you wish, however, you must complete additional registration with that province.

Our shelf corporations allow a range of one to seven directors. At least one is mandatory. The minimum and maximum number of directors may be changed if necessary.

At least 25% of your board must be made up of Canadians.

Yes they are. Shelf corporations are regular corporations in good standing. By purchasing all of the corporate shares you are obtaining control of the corporation.

Yes you can. Nearly any aspect of the corporation may be modified, as long as the change complies with the applicable Corporations Act.