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Jyutping pei4 baau1 gung1 si1
Pinyin pí bāo gōng sī

Definitions (CC-CEDICT)
  1. lit. briefcase company
  2. dummy corporation
  3. shell company
  4. fly-by-night company
Definitions (Wiktionary)
  1. noun
    fly-by-night company; a company or individual without permanent assets, operating sites or employees (Classifier: 個/个; 家)
Definitions (Kaifangcidian)
  1. (沒有對應漢語詞彙)
Definitions (兩岸三地生活差異詞語彙編—Two Shores Three Places)
  1. 商業:臺
    空頭公司、空殼公司、紙上公司
  2. 商業:陸
    皮包公司