Incorporation Offers Many Advantages
Aged corporations can offer enhanced credibility for your business when talking to customers and lenders. The law says that a corporation is a legal “person” separate from its owners. The age of the owners do not necessarily correspond with the age of the companies. For instance, if a company advertises that it was established in 1860, it does not mean that all of the shareholders are well over 100 years old. It simply means that the company was filed in that year. You can take advantage of similar credibility benefits when advertising to customers. The age of your company can give greater credibility to customers and lenders than a business that was recently established. So, acquiring companies with established credit and existing credit lines can give the business a big financial boost.
Using a shelf corporation to incorporate your business allows you to approach others as an established corporation, thus increasing the chances that your business will be able to obtain credit lines, banking relationships, leases, etc. You’ll also enjoy increased access to investment opportunities and the ability to bid for work in areas where candidate companies are required to have been in existence for a stated minimum period of time.
To speak to one of our sales representatives call 877-500- 2648. Please click here to see a list of our ready to use Aged / Shelf corporations .
