Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

what is a shelf company?

company

1 Answer

Relevance
  • 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.

Still have questions? Get your answers by asking now.