A shelf company is a pre-registered company that is established but not yet active. These companies are often bought by entrepreneurs or business owners who want to save time and skip the lengthy registration process. A shelf company has been registered with the relevant authorities but has not yet conducted any business. These companies are essentially "on the shelf," ready to be used at any time.
The main advantage of purchasing a shelf company is the immediate availability of a business entity that is already established. This is ideal for those who need to quickly start operations, especially in situations where having an existing business is beneficial for credibility or financial transactions. Moreover, shelf companies often come with a clean history, which may be useful for securing contracts or investments.
Shelf Company