What is a Shelf Corporation?

It is important to always be on the lookout for ways that your business credit can grow. However, that does not mean you look for shortcuts to get ahead in business. It may backfire on you. You can go the legal away and look for a Shelf Corporations with Credit . What is a shelf company? A shelf company is an organization formed to be sold off after it has established a good credit rating. It is also known as a shelf corporation or an aged corporation. Once such as the company has been formed it is put on the shelf for years. The shelf company does not take part in any kind of business and does not have any assets. These companies also have an employer identification number (EIN). The shelf corporation can also have filed tax returns. Moreover, they have a business bank account. The business owners go through all these to ensure that the organization looks established and legitimate. The main reason a shelf corporation is formed is to flip it down to someone e...