Shelf Corps and Aged Corporation Packages
Establish Immediate Corporate History
UBS Services Currently has a list of “pre-filed” shelf companies that you can acquire. By owning a pre-established corporate identity, you are able to take advantage of the following benefits:
- Instant availability & fast delivery.
- Immediately own a company with a corporate history.
- Show longevity and enhance your image with customers and lenders.
- Easier to obtain business credit cards and business credit lines.
- Often, lenders require a business to have been in existence from six months to two years or more before lending it money.
- Ability to borrow money from banks.
- Ability to secure bids on contracts. Many agencies will only sign contracts with a business that has been in business for at least two years
FREQUENTLY ASKED QUESTIONS:
What does a shelf corporation age mean?
The age of a shelf corporation is just as real as the age of a human being. The law calls a corporation a person. It is an artificial person. It is separate from the people who own it. The owners of a shelf corporation, as with any other legal entity, are just as separate from each other as two people are separate. The H.J. Heinz company started in 1869. The original owners, officers and directors have long since passed. However, the age of the company truly remains in-tact.
Additional shelf corporation benefits?
- Immediate availability - The Company formed is ready to be shipped for immediate delivery rather than needing to wait for government filing.
- Credibility to customers and Banks
- Increased ability to bid on government contracts. Many state and federal contracts require that the business be between two and five years in age.
- Easier to obtain credit
- Easier to obtain working capital
- Easier to take a company “public” and sell shares on a stock exchange if certain criteria are met
- Immediately creating a company existence and longevity appearance
- Access to investment opportunities
- Less limitations when applying for corporate credit
Buyers of shelf corporations have some big advantages over newly filed businesses. First, the benefits mentioned above. Then, the advantage of being able to purchase a well established corporation and yet put themselves in as officers, directors and shareholders, giving them immediate control of the business.
What are the types of aged shelf corporations?
Shelf and aged corporations can be any type of legal entity. This includes U.S. domestic corporations and LLC's, as well as offshore and international entities. The term "shelf" or "aged" only refers to the fact that the company has been filed and is sitting "on a shelf" waiting to be purchased.
What shelf corporation age is right for me?
It is important to choose the age appropriate to your needs. For a building contractor or consulting company the number of years in business is important to the prospective clients. In order to obtain government contracts, the typical age requirement is two years. Additionally, for a business that wants to build corporate credit, the older the better. The key issues are the perceptions of the potential customers and potential lenders. How old does the business need to be to convince the client or the banker that the business is secure and stable? Is the age of your business important? It usually is to a customer or lender.
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