I thought shelf companies were so you could quickly get a new company going (as it's all pre-registered), so you have an established history, which some organis

I thought shelf companies were so you could quickly get a new company going (as it's all pre-registered), so you have an established history, which some organisations - such as banks - value, or so you can access a type of company no longer available[0]. They're not fake companies; to the extent companies are "real", they are real. They're just dormant. [0] https://www.sars.gov.za/businesses-and-employers/small-businesses-taxpayers/starting-a-business-and-tax/close-corporations-cc https://www.sars.gov.za/businesses-and-employers/small-busin...