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A company that exists only on paper and has no office and no employees, it may have a bank account. These type of companies are known as?
- AShell companies
- BDear companies
- CVoid companies
- DNull Assets
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CCommunity
- A company that exists only on paper and has no office and no employees, it may have a bank account, these type of companies are known as shell companies.
- They neither manufacture anything nor render any service.
- They are generally used to make financial transactions and could be used in money laundering, tax evasion, and other illegal activities.
- They neither manufacture anything nor render any service.
- They are generally used to make financial transactions and could be used in money laundering, tax evasion, and other illegal activities.