Shelf and Aged Corporation Glossary

Shelf Corporations

Shelf corporations or off the shelf companies are a companies that have been formed on a prior date. Such a cororporation is also called an aged shelf corporation. More helpful information and research support about this topic follows.

An Aged Corporation

The aged corporation or aged shelf corporation has no shareholders and, usually unless required to be filed to keep the company in good standing, may not have no officers or directors. This benefit can maintain anonymity when you add nominee officers and directors to your company, which is available through Companies Incorporated, after you acquire it.

Off the Shelf Corporation Details

You can accept the off the shelf companies with the current name or we can change the name of the company to another name if you wish. You can become the new officer and directors or you can choose to remain anonymous and have officers and directors
The name of the corporation can be changed.

An Aged Shelf Corporation

You will receive the articles of incorporation for an aged shelf corporation or articles of organization for an aged shelf LLC. The articles will be file-stamped by the state, province, country or jurisdiction in which it was originally formed. You will receive the federal employer identification number (FEIN), also called the Tax Identification or Tax ID number. You will receive the company record book, a large binder containing essential company documents. You will be given stock certificates for a corporation or membership certificates for an LLC. You will also receive minutes for meetings, one year of registered agent services, a corporate seal and telephone support to answer your questions.

The shelf corporations do not have any tax liability or legal obligations. They are ready to open a bank account, obtain corporate credit, and start business.

Why Should You Acquire Your Own Shelf Corporation?

When a business has some years behind it customer trust tends to be enhanced. Lenders are more willing to lend to your company and manufacturers and wholesalers are more willing to offer financing terms. On big reason for obtaining an aged shelf corporation is because it makes it much easier for you to obtain corporate credit.

In addition to corporate credit and credibility, here are some more reasons to purchase an aged corporation:

1. Can typically be shipped to you the same day you place your order.
2. Have an instant history for your company.
3. Improve your image to your clients and boost your corporate image.
4. Can obtain corporate credit and corporate credit cards. Many financial institutions require businesses to have been in business for six months to two years or longer prior to granting credit.
5. Ability to obtain bank financing.
6. Ability to bid on government contracts. Many government agencies require that you be in business for a specific minimum period of time to be eligible to bid on agency contracts.
   In order to obtain a government contract, it is usually required that the corporation be at least two years old. For obtaining corporate credit, the older the better.

List of Shelf Corporations

Call for a complete list of available shelf corporations. We have a complete list here. All of our off the shelf companies are free from liability. So, they are ready to do business so you can take advantage of the credibility and corporate credit building benefits of having an entity that has been in existence for some time.

Offshore Shelf Corporation

You may also be interested in offshore shelf corporations. An offshore shelf corporation is a company formed outside of your country of residence that has been formed before the present time. The benefits are quite similar with more of an asset protection and financial privacy bent. Placing your money into an offshore company when coupled with offshore banking can significantly enhance your privacy. Money transferred into the company account offshore will not be easily traced. Whereas wiring money into an account titled in your name leaves a definite trail back to you. So, it is much smarter from an asset protection standpoint to have your own offshore corporation hold the account. Moreover, transactions with the offshore company are not quite as suspicious when money is transferred to a company that has been in existence before the liability occurred.

Shelf Corporations with Established Credit

There are some corporations that are sitting on the shelf that already have established credit scores. The benefits with these entities are tremendous. First, the company can already borrow money on its own without a personal guarantee from the officer or director before it is acquired by the ultimate owner. The shelf corporations with established credit can create some tremendous opportunities such as real estate investing, starting a business, acquiring an automobile or borrowing cash. This may be especially beneficial to someone who does not have particularly perfect credit or to one who wants to borrow money without effecting one’s personal credit if the business transactions do not turn out as planned. Such a corporation will typically also have an aged bank account as well.

Canadian Shelf Companies

In addition to US and offshore companies, we also have a list of entities available that have been established in Canada. One of our websites is canadiancorp.com. We establish corporations in all provinces as well ad Canadian federal corporations. So, we also have Canadian shelf companies for sale.

Aged Shelf Corporations

This term is the same as the other terms used here. An aged shelf corporation is a corporation formed before today that has been sitting on the shelf ready to be acquired by someone who needs a company that has been formed previously. Often people purchase such companies in Nevada, Wyoming or California as well as Delaware.

Shelf Corps

Shelf corps are the same as shelf corporations. It is simply an abbreviated form of the phrase. One term we also see is “shelf corps with established credit,” which is the same as that discussed elsewhere on this site where the entity already has a credit or established Paydex score. Paydex is a registered trademark of Dun and Bradstreet, a corporate credit reporting agency.

So, aged corporations, seasoned shelf corporations and off the shelf company formation offers some tremendous benefits in terms of customer trustworthiness, obtaining business loans and possible financial privacy and asset protection.

To order an Aged Corporation, please call our toll free number and speak with one of our specialists who will gladly assist you. Please call Monday through Friday between the hours of 7:00 AM and 5:00 PM Pacific Time.
1.800.830.1055