Understanding Shelf Corporations: Definition, Benefits, and Considerations
Nov 27, 2024
Shelf corporations, often referred to as "aged corporations" or "shelf companies," are businesses that have been legally registered but are not currently conducting any operations. These entities are created and left inactive for a period, resulting in a corporate "shelf" where they accumulate age without any activity. In this comprehensive article, we will delve into the definition shelf corporation, its advantages, disadvantages, and how it can play a pivotal role in business strategy.