HOW MUCH DOES A SHELF CORPORATION COST?
The prices for our shelf corporations are stated in the table at the top of
our home page. We accept American Express, Visa, Master Card or Discover Card. We
do not accept cash or checks.
HOW DO I GO FORWARD?
Go to Our Forms, and complete the secure online
shelf corporation acquisition form
to purchase from us a California shelf
corporation.
WHO AM I
DEALING WITH?
You are dealing
with a California attorney at law. This internet
site is owned and operated by
the Law Offices
of James R. Urquhart III, A Professional Law Corporation, California
Attorneys and Counselors at Law. We have been practicing law in California
since 1977. Click here for more information about us.
HOW OLD IS THE SHELF CORPORATION?
See the table at the top of our home page for the years we are currently
offering. Our
shelf corporations
were formed in the fourth quarter of the stated year. For example, if you purchase a
2008 shelf corporation, then you are purchasing a corporation with
a date of incorporation in the fourth quarter of 2008.
WHAT DATE OF INCORPORATION WILL MY
SHELF CORPORATION HAVE? It will be in
the fourth quarter of the stated year. Again, if it's a 2008 shelf
corporation, the date of incorporation will be in the fourth
quarter of 2008.
WILL MY SHELF CORPORATION HAVE A
FEDERAL / IRS EMPLOYER IDENTIFICATION NUMBER (EIN)?
Yes, the EIN will be supplied to you when you
go forward. You will also receive a copy of the official IRS letter / notice
that assigned the EIN to the corporation.
WHAT NAME WILL MY SHELF CORPORATION
HAVE? When we form our shelf
corporations, we us use a neutral or generic
corporation names like XYZ Holdings, Inc. Most shelf corporation
purchasers use the name as it.
Keep in mind that a corporation can use one or more fictitious business
names provided it files the required Fictitious Business Name Statement with
the relevant County. If you wish, however, we will change the corporation name to another available corporate name. Please note that a name change,
while at no extra charge,
will delay the process while we file the necessary
papers with the California Secretary of State.
IN WHAT STATE IS MY SHELF CORPORATION INCORPORATED?
All our shelf corporations are formed in the State of California, USA.
WHEN WILL I FIRST SEE THE ARTICLES OF
INCORPORATION FOR MY SHELF CORPORATION?
Immediately after you make the purchase. We will send you, by email, a PDF
image of the Articles that shows the California corporation number assigned
by the California Secretary of State as well as the date of incorporation.
HOW MANY SHARES OF STOCK WILL MY SHELF
CORPORATION HAVE? It will have one
million (1,000,000) shared of common stock authorized. The shelf corporation
has never issued any shares of stock. After you buy the shelf corporation,
you will be the very first shareholders / owners of the corporation.
WHAT ABOUT SUBCHAPTER S?
Your shelf corporation will be a general for-profit corporation that has
never elected IRS / Federal subchapter S status. You can elect subchapter S
status after you buy the shelf corporation. In other words, if you desire S
Corporation status, you are free to make that election at a future date. We
will prepare, at no additional cost, the IRS S corporation application if
you so desire. It will be up to you, however, to file the S corporation
application.
WHAT ABOUT TAXES AND TAX RETURNS? PLEASE READ
THIS. IT'S
VERY IMPORTANT. The shelf corporations
we sell have been totally inactive. That means they have never had income,
they have never had assets or bank accounts, they have never had operations
or activity of any kind. To protect your ability to elect the tax year of
your choice, neither state nor federal income tax returns have ever been
filed, no taxes of any kind have ever been paid to anyone, and no minimum
tax payment has ever been made to the California Franchise Tax Board.
Naturally, taxes and tax returns are your responsibility.
HOW FAST CAN I OPEN A BANK ACCOUNT AND
START BUSINESS? You should be able to open
a corporation bank account in 24 hours or less. Within 24 hours or less we
supply you (by email by PDF image) with the corporation's
Federal (IRS) employer identification number (EIN) as well as other
documents to show that you own and control the corporation. Banks and
other financial institutions require the corporation's EIN before they will
open a checking, savings, or other account for the corporation.
WHO WILL BE THE PRESIDENT, SECRETARY
AND TREASURER OF THE SHELF CORPORATION?
The shelf corporation will be organized according to your wishes. You name first
directors, officers and shareholders when you complete our online form to
buy the shelf corporation.
We will complete all formation documents (first minutes, by laws, securities
notices, California Statement of Information, supply corporate
record / minute book, custom share certificates, etc.
WHY DO SOME PEOPLE WANT TO BUY A SHELF
CORPORATION? Because some people can't wait (or do not want to wait) even a few days. For
example, someone may be buying a business and can't wait for a new
corporation to be formed. Another example would be someone that needs to
hire employees right away with the corporation as the employer and can't
wait for a new corporation to be formed.
WHAT CREDIT HISTORY DOES THE SHELF
CORPORATION HAVE? In short, none.
We know that others do advertise that their shelf or aged corporations come
with a Dunn and Bradstreet (D&B) number, credit card, credit history, etc.
Not ours. When you buy a shelf corporation from us, you and your corporation will have
to earn, the old fashioned way, any credit rating. Our shelf corporations
have had no business operations, no revenue, no expenses, no bank account,
no shareholders, and no business activity whatsoever. They are formed by us
and kept "on the shelf" by us for later purchase.
California
Incorporation
