| 06 December 2011
shelf corp florida – Do you want to learn more about “shelf corp florida”? If so then this art...shelf corp florida – Do you want to learn more about “shelf corp florida”? If so then this article below may be exactly what you have been searching for…
A shelf corp, shelf company, or shelf corp, is a company or corporation that has had no activity. It was created and left with no activity - metaphorically put on the "shelf" to "age". The company can then be sold to a person or group of persons who wish to start a company without going through all the procedures of creating a new one.
Shelf Corps are corporations or LLC's that have been formed in past years by American Incorporators Ltd., but have never been used. Each of these shelf corps was filed by American Incorporators Ltd. for the specific purpose of being a shelf company and all companies have had the annual franchise taxes and/or annual reports paid and filed with the Florida Secretary of State upon acquisition. All companies will be in Good Standing with the state of Florida.
It is important to choose the age appropriate to your needs. For a building contractor or consulting company the number of years in existence is important to the clientele. If you have been in the construction industry for 15 years, for example, obtaining a 15-year-old corporation may make sense because it corresponds with your time in the business. In order to obtain some contracts, the typical business age requirement is two years. That may not be the only factor in obtaining a bidding agreement, but it may be one of the many check-the-box items, especially, as we mentioned, when your corporate age and business age match one another. Moreover, some report that for a business that wants to build corporate credit, the older the better.
Once you have purchased a shelf company, it can enable you to establish an immediate history, instant credibility and business image. You can also bid on state and government contracts. These contracts generally have minimum longevity rules for companies that are allowed to bid on their contracts.
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