What is the purpose of an offshore shelf company?

/What is the purpose of an offshore shelf company?

What is the purpose of an offshore shelf company?

The expression "I need this yesterday" is literally possible with a shelf company.  Some jurisdictions take a few days to weeks to register a new company and shelf companies can save critical time in these cases.

Additionally, companies which have a bit of longevity often find it easier to obtain credit, bid for contracts and conduct international business since many entities are wary about engaging in business with companies having a short business history.  Therefore, an aged shelf company or "vintage company" can often provide a solution to this problem.

By | 2014-09-06T02:23:03+00:00 August 14th, 2014|0 Comments

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