ENHANCE YOUR BUSINESS PLAN

GEORGIA SHELF CORPORATIONS AND GEORGIA SHELF LLC'S.

14-YEAR-OLD SHELF COMPANY FOR $2695 FIVE-YEAR-OLD AGED COMPANY FOR $1500 FIVE-YEAR-OLD AGED COMPANY FOR $1500

There are good reasons why we don't file shelf companies in GA.

GA shelf companies are expensive to maintain. If we filed shelf companies in GA, we must pass on those filing fees to you.
GA companies mandate disclosure of the owners of the corporation or LLC on the county and municipal business license. A change of owners resets the respected date of the aged shelf company. There's more to this story. If the seller of the aged Georgia shelf company didn't file for those business licenses, the county and local authority will be asking you to pay it in arrears. If they did file those business licenses, then a shift of ownership will be detected.

What's the solution when acquiring an aged shelf company for use in Georgia?

If you live or do business in GA, acquire an aged shelf company from a state that doesn't request reporting of the owners of the company.
Then file that company into GA as a foreign corporation. The filing fee is $225 plus the documents issued from the other state. It's a standard process.
Is the age of the company retained when you file it into GA? Yes. You'll have two dates; the original incorporation date of the company and the date it expanded into GA. It's a standard process and that's why there is a form for it. When a retailer expands into GA, it doesn't reset the age of the company that opened a new store in GA. The original age of the company remains the same.
Therefore, you're better off buying a shelf company from a state where the owners are not reported and then filing the company into GA as a foreign corporation. Then file the county and municipal business licenses.

Do I acquire a Georgia shelf company or a shelf company from another state?

Please consider these issues:

FEES

When acquiring any shelf company, you are paying the fees that the previous owner paid, maintenance fees plus a premium. This means that a quality shelf company from Georgia is extraordinarily high because of the higher incorporation and maintenance costs.
On the contrary, a company from Montana, Wyoming or New Mexico cost less to form and maintain. Therefore, the cost of the shelf company is much less, when acquiring a company from Montana, for example, and then filing it into Georgia as a foreign corporation.

BUSINESS LICENSES & REPORTS

Further, Georgia requests that the owners are disclosed on annual reports and licenses. Lacking these GA licenses are a problem when applying for corporate credit. And since these licenses (if they would exist), don't have your name on them, a change of ownership is evident.
The states of Montana, Wyoming and Mexico don't ask for information on the owners of the companies. Therefore, any change of ownership is not reported. Remember that a change of ownership may be reset the date of the shelf corporation or shelf LLC.

ANSWER: BUY A SHELF CORPORATION FOREIGN TO THE STATE OF Georgia.

This is the best solution for several reasons:

The company costs less to acquire.
A change of ownership is not reflected when the shelf company is acquired.
Maintenance costs are lower in Wyoming and New Mexico. Maintenance costs with the Georgia Secretary of State are too high. This means you pay less with a shelf company from Wyoming or New Mexico.
When the WY or NM company files, as a foreign corporation or foreign LLC in Georgia, it appears that the company is expanding into that state.

Would you like a list of the available shelf companies from Montana, Wyoming and New Mexico? Please request the list here.

Aged shelf corporations and LLC's offer no tax advantages. We're not attorneys. We're not tax advisors.

Georgia

MAIN STATE WEBSITE
Georgia Corporations & LLC’s

QUICK LINKS

CONTACT

2 MLK, Jr. Dr.
Suite 313, Floyd West Tower
Atlanta, GA 30334-1530
(404) 656-2817
E-Mail

GEORGIA INCORPORATION FEES

GEORGIA INCORPORATION FORMS AND DOCUMENTS

SHELF CORPORATIONS AND SHELF LLC'S

BASIC OPERATIONS

BUILD CORPORATE CREDIT

Corporate Credit Score
Build Corporate Credit Q&A
Increase your chances of getting a small business loan
Dunn and Bradstreet Report
Credit card mistakes that could hurt your small business
Different Ways to Fund Your Business
Seeking a Bank Loan; Tips to Review
Increase the Speed of Cash Flow
Mistakes to Avoid When Pitching Your Idea
How to Prepare for Emergency Expenses
Startup Funding for Small Business
Establishing Business Credit
Financial Ratio Analysis
How to select the right investor for your business idea
How to Improve Your DNB Report
Cost-benefit analysis
Advantages and Disadvantages of Financial Leverage
What lenders look for on a credit application
How to deal with credit fraud in business
How to fill out a business credit application
Benefits of credit insurance

REPAIR PERSONAL CREDIT

WARNING ON CALIFORNIA CORPORATIONS & CALIFORNIA LLC'S

THOUGHTS ON SUCCESS

IS THIS INFORMATION CORRECT? PLEASE SEE YOUR TAX ADVISOR. CONFIRM BEFORE YOU FILE.

BUILDING CORPORATE CREDIT

PREPARATION FOR BUILDING CORPORATE CREDIT

Lenders require full transparency. This means your name is listed on the public record.
Don't use a nominee officer/contract officer if you're applying for corporate credit.
Lenders prefer companies that are at least two years old.
File the WY company in your home state as a foreign corporation
Obtain a commercial address where you intend to do business
Obtain the phone number, using the commercial address as the billing address
Register the phone number with 411 information services
Be honest on all applications for credit
You're ready! Start building corporate credit. Call 307.237.2580 for a referral.

ORDER PROCEDURE

Choose the shelf company for acquisition
We send a custom order form
You approve the order and fax to our number, 702.920.8824
We process the order after receiving payment
The documents we have on file are sent via USPS Express Mail
We order a new set of documents from the Secretary of State
You provide an updated list of officers and the new company address
You apply for the EIN and the bank account.
You file the company in another state and update that information with us.