A shelf company, also called a shelf company, is commonly used in connection with corporate transactions. Shelf companies are registered by service providers, but these companies do not have any operational activities. Instead, once turned on, they are stored and kept on the shelf until they can be sold. In this case, the service providers can guarantee that the company has no operating activities and therefore no debts or other obligations that could be transferred to the new owner. https://www.confiduss.com/en/info/blog/article/shelf-company-malta/
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