A company that exists only on paper and has no office and no employees – InterviewSolution

1.	A company that exists only on paper and has no office and no employees, it may have a bank account. These type of companies are known as?1). Shell companies2). Dear companies3). Void companies4). Null Assets
Answer» A company that exists only on paper and has no office and no employees, it may have a bank account, these type of companies are known as SHELL companies. They neither manufacture anything nor render any service. They are GENERALLY USED to make FINANCIAL transactions and could be used in money laundering, tax evasion, and other illegal ACTIVITIES.

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