Monday, March 12, 2018

WHAT IS A TEXAS SHELF COMPANY?


WHAT IS A TEXAS SHELF COMPANY?
By: Allen T May, C.E.O. of Westwood Associates, LLC
There is a huge difference between a shelf company domiciled in Deleware, Wyoming or Nevada when compared to one in Texas. For starters, our client base is in Texas. So, it makes good business sense for a Texas based, Texas owned business to have a Texas LLC or Texas Corporate charter. In doing so, you aleviate the need and state law requirements from those other states to file in their state, annual tax reports and pay annual forgeign tax fees. Texas is a great state to do business in. Why do you think so many businesses are moving HERE to TEXAS instead of remaining in their high-corporate taxed and over regulated home states? The answer is simple. Texas is governed to be a business friendly state. No income tax. Less regulations than most other states. Friendly folks here doesn't hurt either.
So what is a Texas Shelf Company? First, let me explain what an aged company is. A "shelf company" which is also known as a "shelf LLC" or "shelf corporation" is a legal entity that has been filed with the Secretary of State on a prior date and then simply placed on a shelf to "age." As an entrepreneur, you can acquire an existing company rather than a new one that you just established a few days ago. Hence, you build instant credibility because you are several years old as opposed to several days old. In doing so, you get immediate corporate history, in a prompt, easy and legal manner. We can transfer any one of our Texas Shelf Companies into your name or other arrangements, in under 24 hours. We maintain a list of pre-filed Texas Shelf Companies that you can acquire today! All entities are in good standing with the State of Texas through annual maintenance on our end. All of our shelf companies were created by Westwood Associates, LLC and have remained in our custody since inception.
We do not, under any circumstances, offer shelf companies that were formed by another party, through revival process, have been reinstated through the State's Corporation Section, or by any other means. This ensures that our clients are acquiring a shelf company that is guaranteed to have never transacted any business, has no debt or liens filed against it. Our clients find comfort in knowing that a shelf company offered by Westwood Associates, LLC is "clean" and has no business or tax history, in the absence of the annual State documents required for filing to maintain its good standing.
For additional information on a Texas Shelf Company, please reach out to me via email at allentmay@gmail.com.

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