Shell Corporation
 |
Definition of 'Shell Corporation'A corporation without active business operations or significant assets. Shell corporations are not necessarily illegal or illegitimate, as they often serve an important for potential startups. Additionally, shell corporations can act as a tax avoidance for legitimate businesses. |
 |
Investopedia explains 'Shell Corporation'Shell corporations are often formed before commencing operations to obtain financing. Sometimes, they may be used as a front in tax evasion. Shell corporations however are legal entities in most countries, although they have been known to be used in black or gray market activities. They should not be confused with dummy corporations however, as those are created specifically for the purposes of illegal activity. |
Related Definitions
Articles Of Interest
-
Handcuffs And Smoking Guns: The Criminal Elements Of Wall Street
From godfathers to perps, familiarize yourself with the "criminal elements" creeping around Wall Street. -
How To Invest In Private Equity
Private Equity might be a pricey investment, but returns are on the rise and the payoff could be big. -
Pros And Cons Of Offshore Investing
Tax loopholes are shrinking, but there are still plenty of viable prospects. Get the big picture. -
The Ghouls And Monsters On Wall Street
Learn about some of the creepiest cases of fraud and the characters behind them. -
Putting Management Under The Microscope
We tell you where to find the telltale signs of corporate misdeeds. -
SPACs Raise Corporate Capital
These public shell companies hold many advantages over private equity. Find out more here. -
Top 4 Financial Jobs You Can Do From Home
You don't have to go to an office to make a great salary in the financial sector. Here are the top four highest paying financial jobs you can do from home. -
Key Steps To Building A Great Financial Planning Practice
Following the status quo will kill your financial practice. Find out the tips you need to follow to keep you a step or two ahead of the competition. -
Uncommon Jobs For Your Finance Degree
Not everyone can land the glamour jobs, but the world of finance has a lot more to offer. Here are some uncommon jobs in finance that you might want to consider. -
Freelancer Or Employer: Identifying Your Next Career Move
Although the increasing accessibility of independent contracting has created job opportunities, it is important to remember that this method of working also has considerable disadvantages in ...
Free Annual Reports