What does shell entity mean?
Definitions for shell entity
shel·l enti·ty
This dictionary definitions page includes all the possible meanings, example usage and translations of the word shell entity.
Princeton's WordNet
shell corporation, shell entitynoun
a company that is incorporated but has no assets or operations
ChatGPT
shell entity
A shell entity is a business entity that typically has no physical presence, active business operations or significant assets. It is often formed for financial structuring or tax purposes. Some shell entities may be used for legitimate purposes, such as a startup business still in the development phase, while others may be used to conceal business ownership from law enforcement or the public, evade taxes, or engage in illegal activities, such as money laundering or fraud.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of shell entity in Chaldean Numerology is: 3
Pythagorean Numerology
The numerical value of shell entity in Pythagorean Numerology is: 5
Translations for shell entity
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"shell entity." Definitions.net. STANDS4 LLC, 2024. Web. 19 Apr. 2024. <https://www.definitions.net/definition/shell+entity>.
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