A shelf company, also called a read-only company, is commonly used in connection with corporate transactions. Shelf companies are registered with service providers, but these companies do not have operating activities. Instead, once registered, they are saved and kept on the shelf until they are sold. In this case, service providers can ensure that the company is not operating and, therefore, there are no debts or other obligations that can be transferred to the new owner. http://www.confiduss.com/en/info/blog/ar...company-cyprus/
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