What is the purpose
of a shelf corporation?
Shelf Corporation Purpose
#1: The shelf corporation is used to assume a business
Corporation Purpose #2: The shelf corporation makes business
start-up easier when needing to establish business credit. INFO
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
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
Corporation Purpose #5: A contract was entered into in the name of
a corporation to be formed and an unforeseen liability has surfaced.