Phillips J. Diaz-Vicioso, LL.M.
December 13, 2022
Shelf companies, also known as aged companies, are corporations that have been created and left "on the shelf" to age. This means they have no activity or assets until they are purchased. The primary advantage of acquiring a shelf company is the ability to quickly start a business operation. Here's a detailed look at how a shelf company could benefit you to start doing business in as little as 3 business days, the legality of using them, and considerations around business names and DBAs (Doing Business As).
Shelf companies are a completely legal way to commence business operations. They are formed and sold by reputable firms specializing in corporate services, ensuring that they comply with local laws and regulations. However, it's important to conduct thorough due diligence to ensure that the shelf company has no hidden liabilities or past activities that could impact your business.
While a shelf company may come with a pre-existing name that might not align with your business vision, this issue can be easily addressed by registering a DBA (Doing Business As) name. A DBA allows you to conduct business under a different name than the officially registered corporate name. This process is generally straightforward and can be completed quickly, allowing you to brand your business as you see fit while still benefiting from the established corporate structure of the shelf company.
In summary, PECUNIAM LEX SAS is here to assist you in acquiring the shelf company that best suits your needs, ensuring a swift and efficient start to your business. Our expertise in navigating the legal and practical aspects of shelf companies means you can focus on what truly matters: growing your business. With the advantages of rapid setup, established corporate history, and easier access to financing at your fingertips, starting your entrepreneurial journey has never been easier. Let us help you unlock these benefits and guide you towards a successful business launch.
By Phillips J. Díaz-Vicioso, LL.M.