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Shell Corporation
(redirected from Shell company)

   Also found in: Dictionary/thesaurus, Wikipedia 0.01 sec.
Shell corporation
An incorporated company with no significant assets or operations, often formed to obtain financing before beginning actual business, or as a front tax evasion.

Shell Corporation
A 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.


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Byline: SH (P) E[macron]eAA BAGHDAD / Aswat al-Iraq: A member of the parliamentEoe1/4aos oil and gas committee said on Wednesday that a number of parliamentarians started on Wednesday gathering signatures to invite Oil Minister Hussein al-Shahrestani to attend a hearing session on the contract the ministry signed with the Shell Company.
Shell company credit can help you with many aspects of your own business Since it can be hard to establish credit when you are just starting out, you many need all the help you can get Shell company credit can help you with many aspects of your own business.
 
 
 
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