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SHELF COMPANIES WITH AN EXISTING EIN

$700  for a two year old shelf company for a limited time.  Ask for the list here.    When is an LLC better than a corporation?

SHELF CORPORATIONS AND SHELF LLC'S

BASIC OPERATIONS

BUILD CORPORATE CREDIT

 

Providers are selling shelf companies with an existing EIN; and they are charging more as a result.

Companies with EIN's are mandated to file annual and timely income tax returns.  If the shelf company has an EIN, it must file a return.  A late return, or no return at all, will result in late fees, penalties and interest.  If they filed the return, we hope that they were truthful.  If they weren't, the new owner may be dealing with a mountain of IRS stress on the horizon.

Many shelf companies with existing EIN's did not properly file income tax returns, or didn't file them at all!  Why take the risk?  Don't do it.

SOLUTION:  Obtain a shelf company without an EIN.  EIN's are free!  You may apply online for an EIN with the IRS here:  http://www.irs.gov/businesses/small/article/0,,id=102767,00.html

Don't buy a shelf company with an existing EIN.   You're better off with a clean shelf company with no EIN, no bank account and no developed corporate credit.

 

 

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