dummy corporation; front company; shell corporation
Refers to a company set up to conceal the true owners or to conduct transactions without revealing the real parties involved. Often used in contexts of tax evasion, money laundering, or corporate fraud.
The company used a dummy corporation to hide its funds.
ダミー会社を設立して脱税する事件が後を絶たない。
Cases of tax evasion by setting up shell companies continue to occur.