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The phrase "a shell company" is correct and usable in written English.
It is typically used to refer to a business entity that exists only on paper and has no significant assets or operations, often used for legal or financial maneuvers.
Example: "The investigation revealed that the funds were funneled through a shell company to obscure their origin."
Alternatives: "front company" or "dummy corporation".
Exact(57)
Spectrum's operations were founded by Donal R. Myrick of Fort Walton Beach, Fla., who was its sole owner until he merged it into a shell company just over a year ago.
It was a shell company with paid-up share capital of 20 million lire.
Help me set up a shell company in Dubai or Malaysia".
After the transfer, Puda Coal became nothing more than a shell company, according to the S.E.C.
And it strongly objects to the implication that AOI is nothing more than a shell company.
L&H now exists only as a shell company that is entirely separate from Dictaphone.
Essentially, they bought a public listing for $400,000, taking over a shell company.
In many cases, the entire point of setting up a shell company is to hide things.
And a shell company named Sweet Pink used to funnel millions of dollars into the United States from Equatorial Guinea.
It set up LinnCo — a shell company — to create a currency for billions of dollars of deals a year.
It is virtually a shell company winding down its operations and preparing to be sold, some employees said.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com