Shells and Shelves: Company Formation  

Oleh:

[s.n]

Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 403 no. 8779 (Apr. 2012), page 59-60.
Topik: Incorporation; Start-ups; Statistical data; Wholesalers; Retailing

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Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.71 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Hundreds of so-called formation agents ply their trade online, offering to set up companies, trusts and foundations cheaply and discreetly, with minimal fuss (and in some cases minimal documentation) almost anywhere in the world. Bad publicity makes many in the industry gun-shy. Almost all the providers are privately held and reluctant to give details of their trade. But interviews with some big ones (mostly on condition of anonymity) paint a picture of an industry buffeted by a regulatory assault but still churning out healthy returns. At the top of the market are a dozen or so big operators that pump out tens of thousands of firms a year. Some run call centres with round-the-clock service. Beneath these is a long tail of smaller operators, many of them online, from the legitimate to the thoroughly dodgy. As in any industry, incorporation includes a mix of wholesalers and retailers. Most of the industry's financial accounts are as impenetrable as the shell companies they peddle. An attractive feature of the industry's economics is the annuity-like income generated from renewals.

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