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  #1  
Old 07-05-2021
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Default Aged corporations

Does anyone know anything about aged corporations? And where to buy from ?
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  #2  
Old 07-05-2021
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Default Re: Aged corporations

Mot sure what youre asking there friend...? you want to buy an 'aged corporation'...?
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Default Re: Aged corporations

Yes I want buy one
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Old 07-06-2021
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Default Re: Aged corporations

Did you have one in mind? Microsoft? Amazon? LOL!
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Old 07-06-2021
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Default Re: Aged corporations

He is referring to shell corporations. Ones someone incorporated a while ago and either just let it sit or used for an actual business. Some of these are even able to get credit without a personal guarantor. Beyond credit these have a number of uses, not all above board.
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Old 07-06-2021
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Default Re: Aged corporations

Quote:
Originally Posted by slokor View Post
Mot sure what youre asking there friend...? you want to buy an 'aged corporation'...?
https://corporationstoday.com/

just one of many examples.
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Default Re: Aged corporations

Have you used them are they really worth buying ? , I have a good personal credit score, I want to use the Corp for funding my shoe business and clothing
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Old 07-06-2021
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Default Re: Aged corporations

Sounds shady.
Why not just open your own an get a proper LLC and EIN?
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Default Re: Aged corporations

I donít care what seems shady , weíre on a site where people sale ⊗⊗⊗⊗ PayPal and eBay accounts & if I wanted to do that it would have been, itís called checking your options and knowing information
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Old 07-07-2021
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Default Re: Aged corporations

Quote:
Originally Posted by Malikm View Post
I donít care what seems shady , weíre on a site where people sale ⊗⊗⊗⊗ PayPal and eBay accounts & if I wanted to do that it would have been, itís called checking your options and knowing information
Let me tell you a little story I heard not too long ago.

Someone used one of these so called "corporations" . Eventually they get caught and now they are in a pickle.
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Old 07-08-2021
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Default Re: Aged corporations

Let me clear the air. Shell corporations are not illegal. Like stealth accounts and crypto, most of the uses are legitimate. However, all of the above mentioned items get bad publicity by those who don't understand them, or who have a certain agenda. We cannot assume the OP has bad intentions.
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Old 07-08-2021
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Default Re: Aged corporations

Quote:
Originally Posted by SaiJin View Post
Let me tell you a little story I heard not too long ago.

Someone used one of these so called "corporations" . Eventually they get caught and now they are in a pickle.
What to you mean 'so called'? They're legitimate off-the-shelf entities, they're available in most countries. I've used a couple in the UK.

I can't see why folk are (deliberately) wrongly suggesting they're troublesome or shady - they're not unless you can explain what a "pickle" they're getting into.
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Default Re: Aged corporations

Quote:
Originally Posted by Hank View Post
What to you mean 'so called'? They're legitimate off-the-shelf entities, they're available in most countries. I've used a couple in the UK.

I can't see why folk are (deliberately) wrongly suggesting they're troublesome or shady - they're not unless you can explain what a "pickle" they're getting into.
They aren't shady... but using someone else's corp or info is just asking for trouble eventually.
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Old 07-08-2021
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Default Re: Aged corporations

Shelved/aged corps are easy to find and buy 100% legal. The problem is, viryually non have an EIN attached and even if they do, the new owner of the EIN starts with zero credit history.

You can build 250-500K in business credit in less that a year starting from scratch where an aged corp will shave a few months off so for most, not worth the money.

You are actually better off spending the same amount of of money and hiring a quality business credit service and starting off fresh.

Now I am speaking as a general statement. There is always exceptions.
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  #15  
Old 07-08-2021
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Default Re: Aged corporations

Quote:
Originally Posted by SaiJin View Post
They aren't shady... but using someone else's corp or info is just asking for trouble eventually.
and that isn't what a shelf corp is OR does.


People who dont know what they are talking about should stay out of conversations unless they are asking questions.
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  #16  
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Default Re: Aged corporations

Thank you Guys really appreciate it , I am trying to take my business to the next level , I was originally going to get my llc til I came across videos of aged corps. It seems u take a huge risk with aged corps I feel like if you know what your doing and make the right moves aged corps could be good , llc just a natural longer route so I’m not sure I’ll let’s you guys know how it goes
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  #17  
Old 07-09-2021
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Default Re: Aged corporations

Quote:
Originally Posted by Malikm View Post
Thank you Guys really appreciate it , I am trying to take my business to the next level , I was originally going to get my llc til I came across videos of aged corps. It seems u take a huge risk with aged corps I feel like if you know what your doing and make the right moves aged corps could be good , llc just a natural longer route so Iím not sure Iíll letís you guys know how it goes
Check out 'credit suite' on youtube.
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  #18  
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Default Re: Aged corporations

Quote:
Originally Posted by yankee View Post
Shelved/aged corps are easy to find and buy 100% legal. The problem is, viryually non have an EIN attached and even if they do, the new owner of the EIN starts with zero credit history.

You can build 250-500K in business credit in less that a year starting from scratch where an aged corp will shave a few months off so for most, not worth the money.

You are actually better off spending the same amount of of money and hiring a quality business credit service and starting off fresh.

Now I am speaking as a general statement. There is always exceptions.
This is a very good point. There is a world of difference between a corporation that has never seen any action and a corporation that has seen significant action. As Yankee said there is not much difference an aged corp and a new corp alone. If you can get one with a well used EIN, Dunns number, and several years of profitable tax returns, that is a world of difference.

One will cost you a few hundred to a couple thousand while the other could cost you tens to hundreds of thousands. There is also a huge difference in how easy it is to tranfer the corporation and all attachements. You would likely need a lawyer to transfer one that comes with more than just the corp. Depending on your reasoning for wanting to use an aged corp, you will need to decide which route to go. The other route might just be an expensive waste of time.
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