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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