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.

When submitting bids for contracts, seeking investment capital, lines of credit, and when advertising, a corporation that has been around for a longer amount of time is sometimes deemed to be more solid and reliable. A corporation’s longevity can increase the amount of confidence that people have in the corporation’s ability to pay back debts and to carry out agreements.

Aged shelf corporations are able to be purchased all over the United States, Canada, Europe, and Australia. They make a great alternative to hiring an attorney and having to complete all of the necessary paperwork to start a corporation from the very beginning. Be sure to consult the local laws to ensure compliance with all corporate and tax regulations, as these may vary by country.