What does dummy corporation mean?
Definitions for dummy corporation
dum·my cor·po·ra·tion
This dictionary definitions page includes all the possible meanings, example usage and translations of the word dummy corporation.
Wikipedia
Dummy corporation
A dummy corporation, dummy company, or false company is an entity created to serve as a front or cover for one or more companies. It can have the appearance of being real (logo, website, and sometimes employing actual staff), but lacks the capacity to function independently. The dummy corporation's sole purpose is to protect "an individual or another corporation from liability in either contract or import".Typically, the dummy companies are established in an international location, usually by the "attorney or bagman" of the creator in order to conceal the true owner of the often-illegitimate and empty company.
Numerology
Chaldean Numerology
The numerical value of dummy corporation in Chaldean Numerology is: 3
Pythagorean Numerology
The numerical value of dummy corporation in Pythagorean Numerology is: 4
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"dummy corporation." Definitions.net. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.definitions.net/definition/dummy+corporation>.
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