Mantelgesellschaften
English translation: shell company
| GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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| 10:18 Apr 22, 2005 |
| German to English translations [PRO] Bus/Financial - Law (general) / Law | |||||||
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|  Selected response from: Alison Schwitzgebel France Local time: 09:57 | ||||||
Grading comment
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| Summary of answers provided | ||||
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| 4 +3 | shell company |
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| 5 | Shell Company / Shell Corporation |
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| 4 | corporate shells |
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| Discussion entries: 2 | |
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Answers
7 mins confidence: 
corporate shells Explanation: Either as AG or GmbH, with no intention of carrying on business, regarded as violating § 134 BGB. HTH |
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3 mins confidence: peer agreement (net): +3
peer agreement (net): +3shell company Explanation: let me get you a source - back in a mo.... -------------------------------------------------- Note added at 5 mins (2005-04-22 10:24:27 GMT) -------------------------------------------------- Looks like it\'s been asked before: http://www.proz.com/?sp=h&id=81367 It\'s always a good idea to check the glossaries before asking a question ;-) -------------------------------------------------- Note added at 9 mins (2005-04-22 10:28:26 GMT) -------------------------------------------------- ... and also \"Shell company: A limited company that has never started, or has ceased its trading activities (e.g. a subsidiary transferring its business to its parent or a fellow subsidiary), but has not been dissolved. Annual returns are still filed, but the accounts state that the company did not trade during the year. A company is kept on the “live index” in this way, so that it can be easily reactivated if it wants to start trading again in the future. It is also known as a Dormant company.\" http://www.payontime.co.uk/collect/collect_glossary_s.html |
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