[sitetest]

A shelf company is one that is incorporated, but then that transacts no business until a later time. It is “put on the shelf.”

[gwjack]

There was testimony that “shelf” corporations/companies were used. There is no crime for having a shelf Corporation/Company. To the criminal law any corporation/company may be required to file certain returns/reports irrespective of if they’re “shelf.” In my humble legal opinion, honed from 37 years of practice, the judge should not answer that question and refer the jury to the instructions that were given.

Gwjack

[madrastex]

what is the average shelf life in that case?

[dragnet2]

Got it.

[Zathras]

Yep, this is how its done in the real world.
I’ve got one.

[cynwoody]

A shelf company is one that is incorporated, but then that transacts no business until a later time. It is “put on the shelf.”

More detail, from Wyoming Corporate Services Inc., a vendor of shelf companies (but not shell companies):

https://wyomingcompany.com/what-is-the-difference-between-a-shell-company-and-a-shelf-company/