shell company

noun

A company that engages in no substantive business activities, but instead exists as a vehicle for legal or financial transactions, typically to shield another party from liability or other issues.

Meanings

nounshell company (plural shell companies)

plural shell companies

  1. businessA company that engages in no substantive business activities, but instead exists as a vehicle for legal or financial transactions, typically to shield another party from liability or other issues.

    It was a shell company and, the SEC alleges, never had researchers, research plans or any scientific resources.

    2003 November 15, Tony Levene, “Capital letters”, in The Guardian
    1 more example

    This luxury-loving and profligate shell company is registered at a betting shop on the Caledonian Road, an unlovely thoroughfare in North London on which you'd be more likely to find amphetamines than a top-notch lawyer.

    2018, Oliver Bullough, chapter 2, in Moneyland, Profile Books, →ISBN, page 19

    Synonyms: shell corporation, letterbox company, mailbox company, front company

Synonyms & antonyms

nounA company that engages in no substantive business activities, but instead exists as a vehicle for legal or financial transactions, typically to shield another party from liability or other issues.

Translations

Danish skuffeselskab
  • skuffeselskabcompany without activity created for tax purposes
Dutch brievenbusfirma, brievenbusmaatschappij
  • brievenbusfirmacompany without activity created for tax purposes
  • brievenbusmaatschappijcompany without activity created for tax purposes
Finnish peiteyhtiö, peiteyritys
  • peiteyhtiöcompany without activity created for tax purposes
  • peiteyrityscompany without activity created for tax purposes
  • peitefirmacompany without activity created for tax purposes
French société écran
  • société écrancompany without activity created for tax purposes
German Briefkastenfirma, Briefkastengesellschaft
  • Briefkastenfirmacompany without activity created for tax purposes
  • Briefkastengesellschaftcompany without activity created for tax purposes
  • Domizilgesellschaftcompany without activity created for tax purposes
Indonesian perusahaan cangkang
  • perusahaan cangkangcompany without activity created for tax purposes
Japanese ペーパーカンパニー
  • ペーパーカンパニー (pēpā kanpanī)company without activity created for tax purposes
Norwegian Bokmål postkasseselskap
  • postkasseselskapcompany without activity created for tax purposes
Polish spółka-wydmuszka
  • spółka-wydmuszkacompany without activity created for tax purposes
Portuguese empresa-fantasma
  • empresa-fantasmacompany without activity created for tax purposes
Spanish empresa fantasma, compañía fachada
  • empresa fantasmacompany without activity created for tax purposes
  • compañía fachadacompany without activity created for tax purposes
  • corporación pantallacompany without activity created for tax purposes
Swedish skalbolag
  • skalbolagcompany without activity created for tax purposes
Cite this entry
APA

shell company. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/shell%20company

MLA

“shell company.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/shell%20company. Accessed November 3, 2026.

Chicago

WatkinsX Dictionary, s.v. “shell company,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/shell%20company.

Source: shell company on Wiktionary, CC BY-SA 4.0.