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What is a shelf corporation?

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What is a shelf corporation?

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A shelf corporation, also called an aged corporation, is a corporation that has had no activity. It was created and put on the “shelf” to age. This corporation is then later usually sold to someone who would prefer to have an aged corporation rather than a new one. A business entity that is created through a process other than incorporation (such as a limited liability company) is simply called a shelf company.

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