Shell Companies

Shell companies are businesses that exist only on paper and have no significant operations or assets. They are often created to manage financial transactions discreetly, hold assets, or facilitate mergers and acquisitions without drawing attention. While they can serve legitimate purposes, such as protecting privacy or simplifying investments, shell companies may also be misused for illegal activities, like tax evasion or money laundering. Essentially, they provide a facade of a legitimate business while often obscuring the true ownership and purpose behind them.