Potential Drawbacks of Using a Shelf Corporation
Shelf corporations may not be suitable for everyone. For businesses that are just starting out and do not require immediate access to credit or a long history, forming a new company might be the better route. Additionally, if your business plan doesn’t rely on external funding or quick credibility, the cost of purchasing a shelf corporation may not justify the benefits. However, for entrepreneurs looking to enter established markets quickly or for those in need of immediate business credentials, a shelf corporation can offer significant advantages.
Shelf corporation