If Delaware, Nevada and Wyoming are not the best options of where to acquire an aged shelf company, what's the best state to acquire an aged shelf company?
For the next four to six years, the State of Montana is the best option to acquire an aged shelf company. Montana is not known as a “shelf company” state. Banks are ready and willing to loan if their requirements are met. The banks just don’t want to be hassled with corporations and LLC’s from states known to cause problems. Nevada and Delaware are strongly marketed as the panacea for all things corporate. And as for Wyoming, it remains the greatest option for small business in terms of protection and business environment. Montana is the best option for acquiring a clean shelf company to build business credit.
How is this done?
Acquire an aged shelf company from Montana and then file it in the state in which you intend to do business. Then file for your state, local, or municipal business licenses. We’ll update your information on the MT Secretary of State. The names of the principals must be consistent between where the shelf company was initially filed, such as in Montana, and the state in which you seek to do business (i.e. California). Banks seek to confirm compliance and consistency.