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What is Shelf Company
Shelf Company is established for the purpose of selling the future owner, who wants to save time with setting up a comprehensive trading company, or it may be a foreign investor who doesn't want to go through the whole process of establishing.

Shelf Company or Shelf Corporation is a company established for the purpose of selling to a future owner, who wants to save time with establishing a comprehensive company, or it may be a foreign investor who doesn’t want to go through the whole process of establishing a company. Shelf ​​companies are usually products of law firms. The main advantage for the buyer is the fact that within two or three days he gets a duly incorporated company without having to circulate many offices.

These are usually empty companies without economic activity and liabilities to third parties for resale. The capital is paid off and company can use it for immediate business.

Shelf Company in practice: Shelf companies are used primarily in states where it is difficult or lengthy process of establishing a company. It is used for joint stock companies or other types of capital companies.

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Last update: 17.05.2016

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