Dictionary
shell company
noun
A company that engages in no business activities other than financial and legal ones.
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"shell company" is correct and can be used in written English.
This term is usually used to refer to a company that exists only on paper but does not really engage in business operations. For example, "My uncle set up a shell company as part of a tax avoidance strategy."
Exact(58)
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".
(An office for the shell company at the center of the fraud was located in Pennsylvania).
After the transfer, Puda Coal became nothing more than a shell company, according to the S.E.C.
Once they have a new shell company, say in a cousin's name, they circumvent the list.
In such deals, private companies acquire a public shell company in the United States or Canada.
"A managing director who plays shell company games should do time".
And it strongly objects to the implication that AOI is nothing more than a shell company.
The interpretation may seem a touch cynical, but how about a skilfully beatified shell company?
Similar(2)
People with shell companies.
"Patent trolls have complex structures, with thousands of shell companies.
Related(20)
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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