Is it illegal to start a shell company?

The formal business operation process is not illegal, but it needs zero declaration every month and annual inspection at the end of the year, otherwise it will be blacklisted until the license is revoked. \x0d\ If some lawless elements use shell companies to engage in various illegal and criminal activities such as fraud, involving a wide range of fields, disrupting economic order and endangering economic security, their destructive power cannot be underestimated and should be highly valued. Relevant departments should severely crack down on all kinds of illegal and criminal activities carried out by shell companies and maintain the order of market economy. \x0d\ Shell companies usually have the following characteristics: \x0d\ 1, directors have never been appointed, \x0d\ 2, official seals, stock certificates and other legally required documents have been prepared, \x0d\ 3, and they have never started business. Therefore, buyers can use the required documents immediately without worrying about hidden risks. Usually, a ready-made company will not appoint any directors before the sale, and the company has no right to conduct business, so there is no potential risk.