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auf Vorrat gegruendet

English translation: shelf company

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Vorrat, auf Vorrat gruenden
English translation:shelf company
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18:03 Dec 1, 2001
German to English translations [PRO]
Bus/Financial
German term or phrase: auf Vorrat gegruendet
Die Gesellschaft erwarb Geschaeftsanteile von der Firma XXX, die erst vor kurzem auf Vorrat gegruendet worden war.
Helga
Local time: 03:08
shelf company
Explanation:
"auf Vorrat gegründet" actually means that the company is legally registered (established) but not yet activated. Sometimes such firms are also deactivated "shells", at times including tax-advantageous losses that can potentially be used by the new owners. The shortest way of translating this is to refer to a "shelf company" and maybe add the expalantory "waiting to be activated".

OCRA World-Wide - shelf company - Welcome
Click here. OCRA offers advice, incorporation, management
and administration of a shelf company. ...
www.ocra.com/sep_general/shelf_company_ggl.html - 9k - Cached - Similar pages

offshore companies: offshore company and offshore shelf ...
Welcome to Moores Rowland - Vanuatu. The South Pacific's e-Business and Offshore
Financial Specialists. . ... Buy a shelf company now, Click Me! ...
Description: The South Pacific's Offshore Financial Specialists.
Category: Regional > Oceania > Vanuatu > Business and Economy
www.mooresrowland.com/ - 20k - Cached - Similar pages

There are more than 2500 other Google hits that may help you further.
Selected response from:

Alexander Schleber
Belgium
Local time: 20:08
Grading comment
Thank you very much, also to the people who agreed!
4 KudoZ points were awarded for this answer

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Summary of answers provided
5 +6shelf company
Alexander Schleber


  

Answers


5 hrs   confidence: Answerer confidence 5/5 peer agreement (net): +6
shelf company


Explanation:
"auf Vorrat gegründet" actually means that the company is legally registered (established) but not yet activated. Sometimes such firms are also deactivated "shells", at times including tax-advantageous losses that can potentially be used by the new owners. The shortest way of translating this is to refer to a "shelf company" and maybe add the expalantory "waiting to be activated".

OCRA World-Wide - shelf company - Welcome
Click here. OCRA offers advice, incorporation, management
and administration of a shelf company. ...
www.ocra.com/sep_general/shelf_company_ggl.html - 9k - Cached - Similar pages

offshore companies: offshore company and offshore shelf ...
Welcome to Moores Rowland - Vanuatu. The South Pacific's e-Business and Offshore
Financial Specialists. . ... Buy a shelf company now, Click Me! ...
Description: The South Pacific's Offshore Financial Specialists.
Category: Regional > Oceania > Vanuatu > Business and Economy
www.mooresrowland.com/ - 20k - Cached - Similar pages

There are more than 2500 other Google hits that may help you further.

Alexander Schleber
Belgium
Local time: 20:08
Native speaker of: Native in GermanGerman, Native in EnglishEnglish
PRO pts in pair: 2340
Grading comment
Thank you very much, also to the people who agreed!

Peer comments on this answer (and responses from the answerer)
agree  Annette Aryanpour
26 mins

agree  Ralf Lemster: Spot on.
1 hr

agree  Alison Schwitzgebel
3 hrs

agree  Sven Petersson
6 hrs

agree  Gerard Reid: Gerard Reid
9 hrs

agree  Eva Blanar
9 hrs
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