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Discover Ludwig"shell companies" is correct and usable in written English.
You can use it when referring to companies that are being used as a legal and financial tool to mask ownership or to conduct business. An example sentence would be: "The government has proposed a crackdown on shell companies in order to prevent tax evasion."
Exact(60)
People with shell companies.
Those shell companies would have to be consolidated.
"Patent trolls have complex structures, with thousands of shell companies.
Clients were helped to disguise account ownership using shell companies.
"We don't litigate through shell companies," he said.
The cash was laundered "through a labyrinth of shell companies".
It specialised in setting up anonymous offshore shell companies.
A large part from foreigners, in many cases investing via Panama-based shell companies.
All the F.T.C. says it currently knows are the names of shell companies.
He tried to open anonymous shell companies and bank accounts 45 times across the world.
The inquiry includes offshore shell companies through which shares in the teams are held.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com