Potential buyers of these types of corporations might include: What Is the Purpose of a Shelf Company?Īged shelf companies can be appealing for a number of reasons. The costs to launch a new business depend on things like which entity type you choose, your industry, and your state. ![]() Meanwhile, the price for some “aged corporations” have been reported to climb as high as $10,000.Īgain, it may be more affordable to establish a new business on your own than buy a shelf corporation now that prices to launch a new business have come down in general. Younger shelf corporations might sell for around $650. Companies with established credit profiles may demand higher prices as well. It depends on the age of the corporation and the company that is selling it. The prices charged for shelf corporations vary widely. Some of the most common states where shelf corporations are formed include: However, they’re often formed in states with good tax benefits, low filing fees, low regulations, or privacy for the buyer - or some combination of the above. Shelf corporations can be formed in many states throughout the U.S. Therefore, shelf corporations aren’t as highly sought after today as they were years ago when it was much more time-intensive and expensive to start a business. However, it’s important to keep in mind that current requirements to start a new business have loosened up significantly and become much more affordable. The buyer is usually someone who’s willing to pay for the value of the shelf corporation’s credit rating and age. The reason a shelf corp is often formed in the first place is with the goal of selling it down the road to someone else. ![]() ![]() However, many buyers of shelf corporations are looking for an entity without any of these things to make the buying process smoother. These steps are taken in an effort to make the company appear legitimate and well established in the eyes of others. A shelf corp might also feature several years’ worth of filed tax returns and even a business bank account with a real financial institution. Shelf corporations may or may not have an employer identification number (EIN) from the IRS. Create your Nav account, enter the shelf corporation you’re looking for (as your business), and see its history – without hurting your credit score.
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