Previously formed companies are known by a number of terms; i.e. Shelf or shell (usually refers to publicly traded) or aged or seasoned companies, corporations, limited liability companies or partnerships or combinations of terms. Irrespective of the term, a shelf companies offers unique opportunities. Perhaps the leading reason for acquiring an aged entity in general is credibility. An answer to the most common question, yes you may merge your history with an aged entity.
Business relationships are frequently influenced by the length of time a company has been in existence. This is often true when establishing financial and client/vendor relationships. See IL's 18 years on the left "Since 1993".
The fact that IL's Shelf Entities have never or had limited operation, that all stock or member shares remain intact, gives intrinsic value to that entity. The limited existence of shelf companies should, therefore, not be unexpected. IL's shelf companies date from 1992 to 2010. Most of these entities have Federal EIN numbers and have or had business checking accounts. Note it is no longer possible to take over existing bank accounts. Therefore, a new account is opened with a reference to the existing account.
The age and not the name of the Shelf Company should be of primary importance as a name change can be readily accomplished along with a "Certificate of Good Standing" which is issued by the Secretary of State and includes the new name with the original date.
IL's package pricing structure is complete. Which means the corporate status with the Secretary of State is current to include Director filings, Resident Agent service, FEIN, Office Identity and the conversion or opening of a bank account as required. There are additional services which may be required. However, our pricing is not complex. Pricing begins with corporations see Corporate Complete Business Package or LLC's see LLC Complete Business Package. Then, add $500 per year thereafter. A complete list of additional service(s) with pricing are on the Business package list above. We also provide a list of companies available, note after the entity name indicates special features exist that increases its value and purchase price, on this list NFH does not provide the complete entity name so that the integrity is preserved, see Shelf List.
We offer substantial consulting in completing the proper merger and organization of our shelf companies. However, IL's does not assist our clients with corporate credit development.
Director Client Services