| 释义 |
shell corporation
Thesaurus| Noun | 1. | shell corporation - a company that is incorporated but has no assets or operationsshell entitycorp, corporation - a business firm whose articles of incorporation have been approved in some state |
shell corporation
Shell corporationAn incorporated company with no significant assets or operations, often formed to obtain financing before beginning actual business, or as a front tax evasion.Shell CorporationA company that exists as a vehicle for transactions without any independent activities or assets. Shell corporations are formed sometimes to obtain financing before they begin operations, or after a bankruptcy and business has ceased. They are also used in tax avoidance and tax evasion schemes: for example, companies may set up shell subsidiaries in tax havens and hide profits in them. See also: Reverse acquisition.shell corporation A corporation that has no active business operations and few or no assets.shell corporation
Related to shell corporation: Shell companySynonyms for shell corporationnoun a company that is incorporated but has no assets or operationsSynonymsRelated Words |