AGED CORPORATIONS / AGED SHELF CORPORATIONS
WHAT IS AN AGED CORPORATION / AGED SHELF CORPORATION?
An aged corporation / aged shelf corporation is ready-made corporation that has been available for a period of time with no business activity, no liabilities and no assets
WHY USE AN AGED CORPORATION / AGED SHELF CORPORATION?
Aged corporations enabled you to established relationships as an older company. Banking relationships, agreements, Dun & Bradstreet and rating systems are all factors to take into consideration whether an aged corporation is an appropriate fit to your business situation.
WHAT ARE THE ADVANTAGES OF USING AN AGED CORPORATION / AGED SHELF CORPORATION?
An aged corporation will enable you to establish an immediate history and obtain a running start on the corporate image. You'll be able to bid on state contracts, obtain lines of credit easier and obtain loans from the Small Business Administration.
There are companies who will only lease to corporations who have existed for at least 6 months. Why be delayed? Consider using an aged corporation to promote your corporate image and make it part of your business plan.
SHOULD THERE BE ANY BUSINESS ACTIVITY FOR THE AGED CORPORATION / AGED SHELF CORPORATION?
The business activity of an aged corporation / aged shelf corporation should be limited to the application of the Employer Identification Number and the formation of the bank account.
SHOULD I WORRY ABOUT POSSIBLE LIABILITIES OF AN AGED CORPORATION?
Yes! Always be concerned if the person selling the aged corporation has engaged in any transactions that may produce some type of future liability for the corporation or its stockholders. Only buy from reputable providers who are in the business of selling aged corporations / aged shelf corporations. In addition, you should obtain a statement of indemnification which makes the seller responsible for any liabilities that he didn't make clear, in case business was actually transacted with the aged shelf corporation.
HOW MUCH IS AN AGED CORPORATION?
SHELF COMPANIES . BUILD CORPORATE CREDIT
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