Beverly Hills, CA (PRWEB) September 11, 2012
The Tiber Creek Corp. reports encountering a large degree of confusion with regards to the distinctions between a shelf company or shelf corporation verses a public shell company or shell corporation. "This may be due to a similarity between the names shelf and shell," explained a company spokesperson. In essence, a shelf company or shelf corporation is a company that was created then put on hold or on the "shelf" to age with no current business activity. After a period of time it is then sold to a group or individual wishing to fast track a new company and sidesteps some of the procedures usually required of startups.
In contrast, a public shell company or shell corporation is a company that has shareholders but little or no assets or earnings. They are used in a process called a reverse merger, in which a private company goes public by merging into the public shell company. If you want to learn more about public shells you can click here.
In addition to detailed information on public shell companies already provided, Tiber Creek has information on their website to give a precise definition of shelf companies (aka aged corporations) and their most popular uses. The main purpose of a shelf company is to save time in the creation of a new corporation in order to gain access to capital or credit. However shelf corporations can be utilized to provide a longer historic timeline that may provide additional confidence in potential customers or investors. There is also information regarding online listings of avoiding shelf corporations for sale including those available in international markets. However, despite the numerous benefits Tiber Creek warns that, as with any business transaction, it is very important that a company performs their due diligence prior to purchasing a shelf company for sale. A company can go public without the services of groups that would like you to buy a public shelf company for sale.
Those seeking more detailed information about a shelf company aka shelf corporation can visit Tiber Creek Corporation.