Nevada Shell Corporations - The Fastest Way To Incorporate
Acquire an Off The Shelf Company - Start Your Business Activities
Immediately
December 28, 2004
By Tom SeFack
Alternatively called shelf corporations, or corporate
shells, Nevada shell corporations are completely
formed companies that were never active. Shell company
has no assets or liabilities, no stockholders, no
officers. There is just the shell, no life. Sometimes
the word shelf is being used, as if "put on the
shelf". Acquiring a shelf company is a very fast
and efficient way to become incorporated, just make
sure you are purchasing it from a trusted source.
There are numerous advantages connected with an acquisition of
a Nevada shell corporation. First of all, it is available and ready
to do the business immediately. Most of the shells already have
an EIN/TIN number, allowing the opening of bank accounts without
delays. Business partners are more open to cooperation with a corporation
that has been in the business for a longer period of time than with
newly established companies.
Aged corporate shells have better position with banks and other
financial institutions like insurance or leasing companies. Privacy
issues being another important consideration for some, with your
name being listed publicly as neither the incorporator nor the first
director of the entity.
In case you do not like the name of the corporation, it can be
changed easily, together with the number or value of shares, through
an amendment to the corporate Articles. Filing a DBA and doing business
under other name is another alternative.
When acquiring shell corporation, make sure it is completely free
from any defects, liens and judgments, and delivered with all the
formation documents. The acquisition price of a seasoned shell corporation
depends on many factors: age of the company in years, existing EIN
number and bank account, good standing of the corporation, existing
Dunn and Bradstreet number, creditworthiness in general, and whether
or not the non-activity tax returns were filed.
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