Corporation Entity Availability In Nevada State - Used Goods With A New Twist

November 16, 2004
By Katherine Curtis

Whether straight up with an olive or with a splash of lemon-lime, corporation entity availability, in Nevada State, is not difficult to obtain. The longer these corporation entities sit and age, the more attractive the entity is to a new buyer. Other corporations and other entrepreneurs are attracted to these concoctions for several reasons.

Finding The Right Bartender
Either through Nevada's Secretary of State or a Nevada professional incorporation service, an entrepreneur can purchase one of many existing shelf (or aging) corporations. A corporation entity's availability in the State of Nevada is on record through the Department of Business and Industry.

Some professional Nevada services list these aged companies online. Two examples of Nevada corporate planners who list available corporate entities are Nevada Corporations and Nevada Corporation Services, Inc.

Essentials of A True Shelf Company
True shelf corporations are free of liabilities and of business activity. Basically, the purer the aged company the smoother the transition of the name. Aged companies do come with some attractive zingers that "new" companies do not contain, such as
§ History - Retention of the original federal tax ID number
§ Paperwork - Article of Incorporation, with original date
§ Credentials - Corporate credit cards, leases, bids on contracts, and bank loans are easier to obtain with an established (older than 6 months) company.

Tipping Good Service
Changing the name of an existing entity is a matter of filing for a name change. Often, the cost is around $250, through the Department of Business and Industry's Corporation Department. In the State of Nevada, changing the name does not affect the incorporation date. Some Nevada professional services will even allow the buyer to expedited the transition through their office.


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