shell company
A company that engages in no substantive business activities, but instead exists as a…A company that engages in no substantive business activities, but instead exists as a vehicle for legal or financial transactions, typically to shield another party from liability or other issues.
» There's nothing illegal about creating a shell company.
Hybrid · Tatoeba · CC BY 2.0 FRMeaning
1 sensesA company that engages in no substantive business activities, but instead exists as a vehicle for legal or financial transactions, typically to shield another party from liability or other issues.
Briefkastenfirma, Briefkastengesellschaft, Domizilgesellschaft
Examples
3 sentencesThere's nothing illegal about creating a shell company.
Tom owns a shell company in the British Virgin Islands.
ruТом владеет фиктивной компанией на Британских Виргинских островах. — Wezel
The Panama Papers show how a Panamanian law firm helped its clients set up shell companies in tax havens around the world.
Translations
5 languagesBy meaning 1
Forms
plural: shell companies| Singular | shell company |
|---|---|
| Plural | shell companies |
regular