What Is The Corporate Shell And How Will It Help Protect Your Company?

A shell corporation is defined as a business that does not have any active business operations or rather significant assets apart from money. Contrary to common perceptions, shell corporations aren't necessarily illegitimate or illegal. They serve a major purpose mainly for business startups. On the other hand, a corporate shell can act as a tax avoidance leeway for myriad legitimate business setups. How Are Shell Corporations Formed? Shell corporations are formed before the commencement o...