Shell company: Difference between revisions
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* [[Reverse takeover]] | * [[Reverse takeover]] | ||
* [[Shelf company]] | * [[Shelf company]] | ||
* [[ | * [[SPAC]] | ||
* [[Tax haven]] | * [[Tax haven]] | ||
Revision as of 00:16, 20 August 2021
1. Regulation - listed companies - UK - Financial Conduct Authority (FCA) - Listing Rules.
For the purposes of the FCA's Listing Rules, a shell company is one:
- Whose assets consist solely or predominantly of cash or short-dated securities; or
- Whose predominant purpose or objective is to undertake an acquisition or merger, or a series of acquisitions or mergers.
2. Tax havens.
A company established in a tax haven that has no - or minimal - activities locally, the substantive business activities being undertaken elsewhere.
3. Companies.
Any company with few or no assets or business activities.
