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Tag search results for: "shelf company"
internationalbusiness
A shelf company also called a read-made company is generally used in connection with corporate transactions. Shelf companies are incorporated by service providers but no operating activity is taking place in these companies. Instead, after incorporation they are maintained and kept on the shelf until there is an opportunity to sell them. In this case service providers can guarantee that no operational activity has taken place in the company and therefore there is no debt or other liability that could be transferred to the new owner. ... more