Glossary entry

English term or phrase:

Shell Company

Arabic translation:

شركة واجهة/شركة تمويه

Added to glossary by Shazly
Oct 4, 2008 02:13
15 yrs ago
9 viewers *
English term

Shell Company

English to Arabic Bus/Financial Finance (general) Company Types
I was wondering if anyone knows the Arabic term for this. There must be one but I can't seem to find it.

In Barron's Finance & Investment Handbook, a shell corporation is defined as "a company that is incorporated, but has no significant assets or operations."

Shell corporations are not in themselves illegal and they may have legitimate business purposes. But they are a main component of underground economy, especially those based in tax havens. They may also be known as International Business Corporations (IBCs), Personal Investment Companies (PICs), front companies, or "mailbox" companies.

I would be VERY thankful for any help on this. Thanks a bunch!
Change log

Oct 4, 2008 11:29: Shazly Created KOG entry

Proposed translations

+4
1 hr
Selected

شركة واجهة/شركة تمويه

تسمي أحياناً شركة خاملة ولكن في سياق آخر
Shell Company:
A non-trading company used as a vehicle for various financial maneuvers.

Shell company:
A limited company that has never started, or has ceased its trading activities (e.g. a subsidiary transferring its business to its parent or a fellow subsidiary), but has not been dissolved. Annual returns are still filed, but the accounts state that the company did not trade during the year. A company is kept on the “live index” in this way, so that it can be easily reactivated if it wants to start trading again in the future. It is also known as a Dormant company.
Peer comment(s):

agree Hebat-Allah El Ashmawy
2 hrs
agree zkt : شركة واجهة أو شركة خاملة
3 hrs
agree Mahmoud Shams
5 hrs
agree Ghada Samir : شركة واجهة
5 hrs
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4 KudoZ points awarded for this answer. Comment: "I'm gonna go with this one but thank you very much everybody for your quick help. Have a great day."
6 mins

شركة وهمية

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38 mins

شركة هامشية

أو شركة هيكليّة
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3 hrs

شركة فارغة

فهي ليست بالضرورة شركة امشية وليست بالضرورة شركة واجهة وليست بالضرورة شركة للتمويه، بل هي شركة فارغة من الأصول ومن العمليات التشغيلية وغالبا ما توجد مثل هذه الشركة لأغراض مستقبلية مثل تملك عقار أو أصول أخرى مثل طائرة أو يخت
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797 days

شركة ورقية

A shell company is a company that exists but does not actually do any business or have any assets
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