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what is a shelf company?


1 Answer

  • 1 decade ago
    Favorite Answer

    Those involved in business like to keep a business "on the shelf".

    They do this in case a business opportunity arises and they need to use the company for this purpose.

    You always want a company "on the shelf", not being used for anything in case you find an opportunity which you need to act fast on. You want to use a company instead of your own name to protect and segregate your personal assets from those of your business deals.

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