Dummy corporation: Difference between revisions
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{{seealso|Corporation}} | {{seealso|Corporation}} | ||
A '''dummy corporation''' (or '''dummy company''') is a [[Corporation|corporation]] created to serve as a front or cover for one or more legitimate companies. It has the appearance of being real ([[logo]], [[website]], [[public relations]]) but lacks the capacity to function independently. The goal of a dummy company is to conceal the true ownership and/or purpose. | A '''dummy corporation''' (or '''dummy company''') is a [[Corporation|corporation]] created to serve as a front or cover for one or more legitimate companies. It has the appearance of being real ([[logo]], [[website]], [[public relations]]) but lacks the capacity to function independently. The goal of a dummy company is to conceal the true ownership and/or purpose.[[Category:Suggestion Bot Tag]] | ||
Latest revision as of 06:01, 9 August 2024
- See also: Corporation
A dummy corporation (or dummy company) is a corporation created to serve as a front or cover for one or more legitimate companies. It has the appearance of being real (logo, website, public relations) but lacks the capacity to function independently. The goal of a dummy company is to conceal the true ownership and/or purpose.