empresa de fachada shell corporation
| Creator: | |
| Language pair: | Portuguese to English |
| Definition / notes: | A shell corporation is a company with financial assets but no significant business activity. Shell corporations don\'t create products, hire employees, or generate revenue. Rather, they store money and engage in financial transactions. Shell corporations can be used for illegal purposes like money laundering or legitimate purposes like storing funds in the early stages of a startup. Shell corporations may also be known as international business corporations, personal investment companies, phantom firms, mailbox companies, or letter-box corporations. |
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