A shelf-company is a company which is formed and then put on the 'shelf' for later use. Shelf-companies are typically formed to speed up the process of forming a company, which used to take several days. When buying a shelf-company there is always a risk, despite any guarantee you may receive, that the company has traded and acquired debts before it is transferred to you. It is safer to form a new company. Legal Clarity can form a new company within hours of receiving the required information. The formation process is so fast that there is no need to form shelf-companies. Every company formed by Legal Clarity is formed on demand.