What is a Shell Company?
A shell company is an entity that does not have any active business operations or significant assets. Most people believe
A shell company is an entity that does not have any active business operations or significant assets. Most people believe
A shell company can be created when shareholders of a private company purchase control of the public shell company and then merge it with the private company. The publicly traded corporation is called a “shell” since all that exists of the original company is its organizational structure. The private company shareholders receive a substantial majority of the shares of the public company and control of its board of directors.
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This is a quick legal reference guide covering 16 topics that every business owner needs to have to start a business