Aged corporations enabled you to established relationships as an older company. Banking relationships, agreements, Dun & Bradstreet and rating systems are all factors to take into consideration whether an aged corporation is an appropriate fit to your business situation.
In short, these are the advantages of an aged shelf corporation:
- Overcome sale objections by projecting business stability.
- Access bidding opportunities by acquiring a company whose incorporation date sufficiently dates the company over the applicable hurdle.
- Increase revenue by overcoming sales objections. Use the revenue as proof of concept.
- Apply for business credit.
SHOULD THERE BE ANY BUSINESS ACTIVITY FOR THE AGED CORPORATION / AGED SHELF CORPORATION?
You are better off acquiring an aged shelf corporation that has no business transaction history. This means the company has no risk of unseen pending litigation, budding tax problems, or upcoming bad press.
WHAT ABOUT AN AGED SHELF CORPORATION WITH AN EIN OR SIGNER ON THE BANK ACCOUNT?
On an industry wide basis these are the basic configurations of the available shelf companies on the market:
1. Aged corporation: NO Employer Identification Number (EIN): No Bank account. We offer companies with no EIN and no bank account. You are assured that the company has no back taxes, no debt, no liabilities, no bank account and no EIN. We offer corporations from many states and price starats at $2995.00.
2. Aged corporation: NOMINEE EIN: No bank account. NOT AVAILABLE. We don’t offer this type of company because nominee EIN’s are prohibited. Nominee EIN’s offer no privacy value. A company with an existing EIN may carry back taxes, unseen liabilities and other problems.
3. Aged corporation: NOMINEE EIN: Nominee Bank account: NOT AVAILABLE. We don’t offer nominee EIN’s and nominee bank accounts. The nominee EIN’s are prohibited. The nominee bank accounts attract problems. Further, the client remains responsible in signing on the tax return. Although these companies are available on the internet, you run the risk that the signer on the account may run off with your money, the funds may be frozen, or the business may be a victim of poor management.
Why do we mention this issues? Nominee EIN’s are popular online because those who buy them are gullible as to their perceived benefits. But popular doesn’t mean that it’s a good idea. In fact, nominee EIN’s offer no value. Since you must sign on the bank account anyway, and the bank will transmit the signer’s ID to the IRS; what’s the point in obtaining a nominee EIN? There’s no point in it at all. And yet, you can scour the internet and find a few people who offer this ill-advised service of nominee EIN’s. Don’t let anyone convince you otherwise. In fact, run when they offer a nominee EIN.
We don’t offer nominee EIN’s.
What about the nominee bank accounts?
As for nominee bank accounts, these are troublesome as well. Nominees that offer these services are a magnet for trouble-makers. Accounts may be frozen as a result of “guilt through association.” A better solution is to simply hire a bookkeeper nearby to where you live. Make certain that the bookkeeper passes a background check. Also, get a signed statement from the bookkeeper that he or she is not the owner of the business. The bookkeeper may also ask you to sign a document that you will file all the necessary tax returns.
Should I obtain an aged EIN with my aged shelf corporation? An aged EIN is not necessary. On the contrary, an aged EIN is contrary to your interests. When a company has an aged EIN, it means that the income tax returns had to be filed. And how do you know if they were filed correctly? On time? Accurately? What guarantee do you have? The EIN application is easy. You may obtain an EIN for the company online, on the phone or by fax; directly from the IRS. Don’t be manipulated by scammers to buy a company because the company has an aged EIN. The EIN itself is random. Just buy your new or shelf company, apply for your EIN, and open your bank account. Nominees are not necessary and not helpful.
When the company you acquire already has an EIN, you must file for a new EIN after you buy the company. We suggest you visit IRS.gov for instructions on how to apply for the EIN, and the rules on the EIN.
SHOULD I WORRY ABOUT POSSIBLE LIABILITIES OF AN AGED CORPORATION?
Yes! Always be concerned if the person selling the aged corporation has engaged in any transactions that may produce some type of future liability for the corporation or its stockholders. Only buy from reputable providers who are in the business of selling aged corporations / aged shelf corporations. In addition, you should obtain a statement of indemnification which makes the seller responsible for any liabilities that he didn’t make clear, in case business was actually transacted with the aged shelf corporation.
HOW MUCH IS AN AGED CORPORATION?
Our prices starts at $3500.00 for a 2+ year old corporation.
Please fill out the form to get a list of corporations that we currenly have available.
BUYING PROCESS:
- Fill out the form below
- We will contact you to know better about your needs and email you a list or Corp or LLC that we have available with the pricing. You must pick and pay fast because we have other brokers so please do order unless you can pay immediately. But don’t worry, you may not get the one you picked but we will work with you until you get one that fits you. We do not offer Corps or LLC from every state but you can buy and foreign file to your state.
- We deliver Corp or LLC documents and company within 72 hours
- You will have to Foreign file to your state if you choose to.
- You will have to apply for a EIN for the company with the IRS.
