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.

What is a Shelf Corporation?