A California or Nevada shelf corporation, also sometimes referred to as a shell corporation, is defined a corporation formed under the laws on the state of California or Nevada, but which has not conducted any business to date. Instead, the corporation is "on the shelf", until purchased by a client for use in their new or ongoing business venture. The description of shelf corporations on this page also applies to shelf LLCs. See below for current shelf corporation and LLC inventory.
Advantages of shelf corporations include aging and minimization of formation time. Aging refers to the length of time a corporation has existed; for some purposes, an aged corporation that has been in existence for a number of months or years but that has not conducted any business and thus has not accumulated any liabilities is preferred by the promoters of a new business venture, or by their prospective business partners, investors, creditors, or customers. Aged corporations may also, in conjunction with other steps, enable corporate credit to be established more readily.
Probably the greatest of the advantages of a California or Nevada shelf corporation is that the corporation is ready to start doing business in California or elsewhere immediately; a employer identification number (or EIN, which is sometimes also called a Taxpayer ID Number: TIN, and which is needed in order to open a corporate bank account) may be obtained the same day, and then a bank account may be opened within a couple of days, or sometimes the same day, that the CA/NV shelf corporation is purchased. There is no need to be concerned with sometimes slow California business entity formation processing times, or with paying additional fees to the state to expedite the incorporation process. Simply put, the fastest way to incorporate in California is to purchase an existing shelf corporation.
When available, the firm's standard California shelf incorporation package includes:
Turnkey, aged California business corporation (aging varies)
Name change if desired
Custom bylaws on expedited basis
Custom organizational meeting minutes on expedited basis
Rush EIN number
S corporation election if desired
Custom share certificates
California limited offering securities registration exemption notice filing including filing fees if qualified under California Corporations Code Section 25101(f)
Initial or amended Statement of Information filing, including payment of filing fee
Additional corporate law services generally available at $350-375 per hour
Price discount available if you don't require the corporate legal services above and want to handle any name changes, filings, bylaws, meeting minutes, S corp election, SS-4 filing yourself
Some limitations apply; all shelf corporations subject to prior sale. Similar services, including Nevada resident agent service, available for Nevada shelf corporations.
Currently available California shelf corporations and Nevada shelf corporations are listed below (updated June 2020 - bookmark this page and check back from time to time for updates)*:
CURRENTLY AVAILABLE CALIFORNIA SHELF CORPORATIONS:
DAY*** - filed Q1 2016 - CA SOS/FTB status suspended / no tax filings/payment or EIN
FIN*** - filed Q1 2016 - CA SOS/FTB status suspended / no tax filings/payment or EIN
GEN*** - filed Q1 2016 - CA SOS/FTB status suspended / no tax filings/payment or EIN
INS*** - filed Q1 2016 - CA SOS/FTB status suspended / no tax filings/payment or EIN
TABUL*** - filed Q1 2016 - CA SOS/FTB status suspended / no tax filings/payment or EIN
CURRENTLY AVAILABLE NEVADA SHELF CORPORATIONS:
NEW***INC. - filed Q1 2012 - NV SOS status default (annual list), can be brought current as part of sale
***NEVADA INC. - filed Q1 2011 / NV SOS status default (annual list), can be brought current upon sale / $Inquire
CURRENTLY AVAILABLE CALIFORNIA SHELF LLCS, also known as shelf companies or as a shell limited liability company, are listed below (updated February 2019 - bookmark this page and check back from time to time for updates)*:
***THING, LLC - filed Q1 2006 - formerly client-owned, virgin, no tax filings or payments to date - SOS status FTB suspended (sold as is, subject to all tax liability)
CURRENTLY AVAILABLE NEVADA SHELF LLCS, also known as shelf companies or as a shell limited liability company, are listed below (updated August 2019 - bookmark this page and check back from time to time for updates)*:
T***ENTERPRISES LLC - filed Q1 2012 / NV SOS status default (annual list), can be brought active upon sale / may elect S corp taxation
ASPEN*** - filed Q1 2007 / NV SOS status active / always active, no business conducted / client owned / $8,500
List your shelf corporation or limited liability company here, for sale on a commission basis. Inquire by email with the details of your company. Only true shelf corporations - those that have never conducted any kind of business whatsoever - will be considered. Pre-used, inactive or suspended corporations are not shelf corporations, strictly defined, and may have known or unknown liabilities, and thus are not acceptable for my clients. The only liability that may be acceptable is franchise tax owing to the State of California.
* Availability is subject to change without notice. All entities are subject to prior sale or internal use. Information may be out of date. Please call or email to verify availability and particulars. For client-owned entities, information is believed accurate, but buyer to verify all information.