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  • Subject

    shelf company

    Context/ examples
    I don't really have one - the term shelf company comes up in an action table mapping the purchase of some large-scale property

    Any ideas as to what that might be in German?
    Authorsimon29 May 06, 20:57
    Context/ examples
    A shelf company' is a previously-incorporated company which can be purchased 'off-the-shelf'. Its main advantage is that it already exists, and therefore the buyer does not need to spend much time setting it up. When it is purchased, the buyer can simply change a few of the company's basic details such as its registered address.
    #1AuthorWerner29 May 06, 21:06
    #2Authorcoolnicov29 Nov 07, 18:10

    A „shelf company“ is an existing and with the Commercial Register fully registered company but which has never entered into any busisness activity, in other terms is totally „clean“. This distiguishes such company from a so-called „shell company“ or „dormant company“ which, in turn, did pursue with commercial activities in a previous period and now is dormant.

    #3Authorthegr8one (1261252) 11 Feb 19, 18:44
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