AGED CORPORATIONS

PRICE RANGE: $1,500.00 – $150,000.00

Are you looking to begin taking advantage of business credit opportunities, but don’t have a business yet?

Look no further, one of our aged corporations is just what you need at this point in time.

Our inventory consists of corporations that date back all the way to the early 2000s and hold a funding capacity of up to $2,000,000. All aged corporations that we sell include corporate funding opportunities up to their funding capacity, and a free 80+ Paydex service.

To view our full list of aged corporation inventory, click the green button to be directed to our inventory spreadsheet, and click the corresponding tab. 

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MORE INFORMATION

Aged Corporations, otherwise known as Shelf Corporations or Shelf Corps, are often purchased for several reasons such as:

 

    1. Quickly achieving the necessary “Time in Business” and credibility to meet the requirements for corporate credit and financing approval.
    2. Developing a strong corporate credit profile as an alternative to repairing personal credit.
    3. Shielding assets from creditors and simplifying estate planning.
    4. Meeting the instant eligibility criteria for bidding on government contracts.
    5. Promptly acquiring credibility with potential clients, partners, and suppliers.
    6. Instantly expanding your international business into the United States without encountering the usual bureaucracy.

How the process works:

1. Choose your desired shelf corp from our inventory spreadsheet, and place an order using the “Order Now” button on this page.

2. Sign the agreement we send you, and then make your payment.

3. After the payment is made, we will deliver the corporate documents to you via mail and transfer the corporation to you on the Secretary of State website.

4. We then begin the foreign entity registration process to register the business in the state you live in, deliver all of the credit-ready features to you and submit the corp to funding.

5. The 80+ Paydex score process begins here, and takes 45 to 60 days. Clients who are in a hurry may opt to go to funding simultaneously.

6. The funding process is repeated as many times as necessary to achieve the full funding capacity of the corp. Many lenders have introductory rates as low as 0% APR for 6 to 12 months. We will get as many of those for you as possible!

FAQ's

Since our aged corporations have no financial history attached to them, your personal credit score is often taken into account when lenders are performing underwriting for your business lines of credit. While there is no minimum personal credit score required, we highly recommend that your personal credit is in check before purchasing an aged corporation from us. This allows you not only to qualify for the best rates but also gives you a greater chance of qualifying for the full funding capacity.

While not mandatory, we strongly advise that you complete a Foreign Entity Registration in your home state if you do not reside in the same state where the Aged Corp is registered. This is because using a virtual office address as your business address may not be ideal for financing purposes. To avoid credit application rejections due to the use of a virtual office service, it is recommended that you complete the Foreign Entity Registration in your home state using your actual home or business address. This will also simplify the process of opening business bank accounts for your Aged Corp, as you will no longer be restricted to online-only banks. Instead, you will have the option of utilizing any bank in your home state for both banking and financing. You have the ability to opt for us to complete this process for you in your purchase of an aged corporation from us.

A Federal Tax Identification Number is also referred to as an Employer Identification Number (EIN) and functions like a Social Security Number in identifying a business entity. To open a business bank account or employ workers, you must possess one. We provide a complimentary legitimate EIN # with all of our Aged Corporations.

A Registered Agent is a person or company appointed to accept service of legal papers (SOP) when a business entity is involved in a legal proceeding like a summons or lawsuit. In addition, the registered agent’s address may be used by the state to send the necessary documents for the annual renewal of the business entity’s charter. The registered agent can either be a member of the company or, more commonly, a third party such as a service provider or the company’s attorney.

Yes, it is mandatory to have a Registered Agent in the same state, and we offer a complimentary Registered Agent Service for the first 30 days following your purchase. Subsequently, you must either purchase the ongoing Registered Agent Service from us at a cost of $350 per year or purchase the service from another provider on the internet.

Purchasing credit-building services from Dun & Bradstreet is not only unnecessary, but it may also be detrimental to your business. If you reach out to Dun & Bradstreet after obtaining your Aged Corporation, they will likely try to sell you Corporate Credit Building Services. Despite appearing beneficial initially, we believe these services are actually unhelpful and may harm your business because buying them could trigger an immediate audit of your corporate entity. During this audit, D&B may discover changes in ownership or other movements you have made with the corporate entity, which could reveal information you do not want to be exposed. It is not essential to buy anything from Dun & Bradstreet, even if their sales pitch is compelling.

Purchasing credit-building services from Dun & Bradstreet is not only unnecessary, but it may also be detrimental to your business. If you reach out to Dun & Bradstreet after obtaining your Aged Corporation, they will likely try to sell you Corporate Credit Building Services. Despite appearing beneficial initially, we believe these services are actually unhelpful and may harm your business because buying them could trigger an immediate audit of your corporate entity. During this audit, D&B may discover changes in ownership or other movements you have made with the corporate entity, which could reveal information you do not want to be exposed. It is not essential to buy anything from Dun & Bradstreet, even if their sales pitch is compelling.

The primary difference between S-Corporations and C-Corporations is that S-Corps are Flow-Through Entities, which means they are not taxed in the State of Incorporation as C-Corps are, and the Net Income is passed through to the Shareholders and taxed at their Personal Income Tax Rate. For most of our clients, S-Corps are preferred as being taxed as a C-Corp in the State of Incorporation leads to additional expenses and complexities that distract from the primary objective of establishing Corporate Credit. If an S-Corp is the best fit for your business, we can help you file IRS Form 2553 to elect S-Corporation Status, which is a simple process that can be completed in one day.

Shelf corporations do not include tax returns and the EIN number (Tax ID) is not assigned until the client purchases the Shelf Corp. This is due to several reasons: First, EIN numbers are not sequential and it is impossible to determine when an EIN number was issued by simply looking at the number. Second, an EIN number must be assigned to a “Responsible Party”, which cannot be the incorporator of hundreds or thousands of entities at the same time. Third, assigning an EIN number to a corporate entity requires it to file tax returns each year and pay some amount of tax, even if the income is $0. This would increase the costs of each Shelf Corp and result in higher prices for clients. Fourth, Shelf Corps with EIN numbers and filed yearly $0 tax returns may have difficulty obtaining stated income financing, as the returns have already been filed with $0 income. If different income is stated on funding applications, it may result in bank fraud charges.