Off The Shelf Nevada Corporations - Credibility without Stability?
For Corporations - Like Wine - Older Is Better
January 2, 2005
By Tom SeFack
Off the shelf Nevada corporations are companies
that have been in existence for some time already,
without becoming active, and ready to be sold to a
prospective buyer. They have been, literally, put
on the shelf to ripen as an old wine.
In a time where most businesses fail shortly after
their inception, the length of time since a company
has been in business is an important factor often
playing important part in establishing new business
relationships. History is important, banks ask for
it, as well as leasing companies, credit card companies,
credit rating companies, even some customers include
it in their decision making process.
With an off the shelf Nevada corporation, the buyer gets it in
a "ready for business" state, often along with a certificate
of good standing with the State of Nevada issued by the Secretary
of State, employer ID number, tax ID number. A priceworthy seasoned
corporation package often includes existing bank account, credit
cards and credit agency number.
An age is the most important factor, with the name being the least
important one, for the right purchasing decision. Name of the entity
can be changed very easily, though for a price, and the change of
the name has no effect on any other aspects of the purchase. Filing
a "doing business as" under any other name is also a viable
alternative to a name change.
Acquisition of a shelf corporation is usually a well thought out
decision, best processed with the assistance from a Nevada incorporation
specialist. They will help you to make sure that the entity you
are purchasing is free from any judgments, liens, and defects whatsoever.
They will also take care of all the important documents, and current
paperwork and filings connected with the transfer of ownership.
Purchasing an off the shelf company is an instantaneous way to
incorporate in Nevada, while enjoying the business friendly umbrella
of it's tax and corporation laws comes as a bonus.
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