The Benefits of Purchasing a Shelf Corporation

Another critical advantage of shelf companies is the opportunity to inherit a clean credit history. A shelf company has typically not been involved in any transactions, meaning it does not have a negative financial history. This can be particularly helpful for individuals who may be concerned about starting a new business with limited financial backing or no business history.

However, it’s important to note that while shelf companies have no credit history, they can build a credit score once they start operations. Building a solid financial record is essential for long-term growth. Make sure you manage your business’s finances carefully after acquiring a shelf company.

Shelf Company