Shelf and Shell companies
Whether or not you have heard of it, a Shelf Company is a company you can buy that is incorporated and not active for a certain period of time. The benefits attributed to the purchase of a Shelf Company vary from one buyer to another. For example, a buyer may find that the benefits associated with purchasing a Shelf Company is not particularly compelling in comparison to the costs associated with the same entity. Likewise, a Shelf Company may provide a company the opportunity to take advantage of the perks of being public while also providing an owner with more flexibility to conduct business.
A shelf companies Poland may also be a useful tool in the hands of a strategic buyer, especially one with an entrepreneurial flair. For example, a Shelf Company may be useful for a person looking to get a start in business without spending too much time and energy navigating the legal system. This is particularly true of a buyer who has been a victim of scams before, and who may be reluctant to start a business out of fear. Similarly, a Shelf Company may be beneficial for an owner looking to get in front of a potential customer without having to go through a long and convoluted registration process.
There are many pitfalls to watch out for when it comes to a Shelf Company. For example, it is not uncommon to see a company selling an aged Shelf Company for thousands of dollars. There are also some nefarious Shelf Company sellers out there, and the company you purchase may turn out to be a fraud. The most reputable Shelf Company sellers will provide a plethora of information about the Shelf Company you buy. For example, a buyer may be able to determine whether or not the Shelf Company has been registered in the state of Wyoming. Similarly, a buyer may know that a Shelf Company has been registered in Wyoming before, and may be willing to forgo a lengthy registration process in return for the opportunity to buy a Shelf Company in Wyoming.
What is the difference between a Shelf and Shell companies?
Using a Shelf Company can also be useful for a company looking to improve its chances of landing a new contract. For example, a shelf company may be of use in bidding on a government contract, particularly if the company can demonstrate that it has done business in the state of Wyoming for some time. In addition, a Shelf Company can be used to improve a company’s credit score and credibility. Likewise, it may be used for a similar purpose by an individual looking to obtain a loan to start a business, or perhaps to get in the door at a financial institution.
A Shelf Company can also be used to perform a number of other lesser known but still useful functions. For example, it may be able to act as a front company for a larger company that wants to maintain the secrecy of a new product. Alternatively, a Shelf Company may be used to facilitate a legally binding agreement between two companies, or for other purposes.
