In the complete context of the phrase, and knowing the current events situation - I believe the idea is a shell corporation or shell company.

Synonyms

dummy corporation, paper (carta) company, front company, shelf company

Of these, 'shell corporation/company' matches the idea here best.

'Paper corporation' could be confused with a real paper manufacturer, and 'dummy' companies cannot operate alone - whereas, shell corporations can. A 'shelf company' is designed only to be resold.

Definitions

1. "A shell corporation is a company which serves as a vehicle for business transactions without itself having any significant assets or operations." [source Web reference 1 below ]

2. "A company or corporation with few or no assets or independent operations that is acquired by another company in order to allow the acquiring company to conduct business under the acquired company's legitimate legal standing." [source See Web reference 2 below ]

Examples in Italy

"Italian magistrates are trying to unravel the finances of Parmalat's 120 units and shell companies in Italy and around the world. ..." [web source]

"The business of channelling goods to Iran via adjacent countries such as Dubai or shell companies in Italy and elsewhere is booming... ." [web source]