Product Info
A shelf company is a corporation that is already registered and kept current by filing annual returns with the registries but has never being used to conduct business or holds any assets and liabilities. Essentially, the company is registered to sit on a ‘shelf’ for someone to purchase it.
Other names:
Checklist
Who can Buy a Shelf corporation:
- One or more individuals who are 18 or up.
- Currently there is no citizenship or residency requirement for people who can be the directors, officers, and shareholders.
What is required to buy a shelf company:
- A physical address or street address in the Province of British Columbia (or the place of business in Canada).
- A minimum of one Director, one Incorporator and one contact person is required. The same person can fill in all three roles.
- For operations purposes and to fully comply, a minimum of one officer and one shareholders are also required.