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Shelf corporation
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A shelf corporation, shelf company, or aged corporation is a company or corporation that has had no activity.[1] It was created and left with no activity – metaphorically put on the "shelf" to "age". The company can then be sold to a person or group of persons who wish to start a company without going through all the procedures of creating a new one.
- ^ The New York rules of professional conduct : rules and commentary. Spring 2011. New York: Oxford University Press. 2011. p. 630. ISBN 9780199826100.
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