Shelf Corporations

1. What is a shelf company?
2. Is the shelf company just a shell or does it have other add-ons?
3. What are the benefits of purchasing a shelf company?
4. How old are the shelf companies that you sell?
5. Do you have any requirements for purchasers of shelf companies?
6. Can I change the name of the shelf company?
 




Q: What is a shelf company?

Definition - A shelf company is a corporation that has been previously incorporated; the ownership of which we can transfer to you for your immediate use.




Q: Is the shelf company just a shell or does it have other add-ons?

Shells - Some of the shelf corporations we sell are just a basic ready-made company ready for use.

Additional features - We also sell shelf companies that have bank accounts and/ or commercial credit files.

Please click here to purchase a Canadian Shelf Company.




Q: What are the benefits of purchasing a shelf company?

Credibility - A company with a history is more likely to be selected as a business partner and have more credibility with lenders and suppliers.

Government tenders - Some government contracts are only available to companies that have been in operation for a certain number of years.

Prestige - Usually, the older the company, the higher it's standing in the business community.

No Delay - There is no need to wait for an incorporation of a new company to be effected or for the relevant business registrations to be completed. It is available for immediate use. For basic incorporation delays can be as high as 15 days, depending on the filings required. Furthermore, you cannot obtain sales tax numbers for a company before incorporating nor can you obtain a merchant account to accept Visa or MasterCard before opening a bank account. Hence, purchasing a shelf company will save you much time and effort.

Pre-Established Relationships - Some of our shelf companies come with existing business bank accounts. This will save you time in setting up these accounts and you can build on an existing relationship with these organizations.




Q: How old are the shelf companies that you sell?

Age - We sell shelf companies that are up to 6 years old.

Price relative to age - The price of a shelf company rises with the age of the corporation. This is because an older company requires more years of maintenance and possesses greater credibility by virtue of its age.




Q: Do you have any requirements for purchasers of shelf companies?

No - Anyone can purchase a shelf company. When a shelf company has an existing bank account it is important to understand that the bank in question will perform its own due diligence. The banks in question determine how the transfer will proceed. We reserve the right to refuse the sale of any shelf corporation.




Q: Can I change the name of the shelf company?

Yes - This can easily be carried out. We can complete all the necessary documentation and submit the applications on your behalf. Fees will vary depending on the jurisdiction of the corporation.

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