Don’t buy a shelf company that was initially filed in California. Why?
California is a political, economic and legal mess from end to end. They tax you to death and they don’t protect your property rights. In fact, they look after the lawyers in California rather than the business owners. Proof:
California lawyers promote incorporating in California Shelf Companies.
California lawyers routinely attack the corporate veil of California companies. This means that the lawyers set aside the company, as if its not there, to go after your person assets. What’s their goal? Lawyers seek to collect after your personal assets as well as the assets in the company.
The California Franchise Tax Board charges over $800 per year for any corporation or LLC doing business in California.
California has no money. They are a mess. They have long wait lines to file anything.
Don’t start your business with an aged California company! Buying a shelf company from California means you are paying the previous years’ filing fees AND the premium for its age. Since the California state filing fees, and maintenance fees are super high, this means the cost of the California shelf company will be astronomical. We are about to explain how to obtain a low cost shelf company and then file it in California, if that’s where you intend to do business.