Glossary entry (derived from question below)
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!
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!
Proposed translations
(Arabic)
4 +4 | شركة واجهة/شركة تمويه | Shazly |
5 | شركة وهمية | Assem Mazloum |
5 | شركة ورقية | Muhammad Afia |
4 | شركة فارغة | Mohsin Alabdali |
3 | شركة هامشية | Mujdey Abudalbuh |
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.
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.
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
*
38 mins
شركة هامشية
أو شركة هيكليّة
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
797 days
شركة ورقية
A shell company is a company that exists but does not actually do any business or have any assets
Something went wrong...