Is it legal to hold shares in the company on behalf of others?

Legal analysis: it is allowed. Up to now, there is no law in China that explicitly prohibits holding shares on behalf of shareholders, but there are certain risks in holding shares on behalf of shareholders. Generally speaking, holding shares on behalf of shareholders can be called "entrusted holding, false name investment and anonymous investment", which mainly refers to a kind of equity disposal method in which the actual investor and others agree to perform the rights and obligations of shareholders on behalf of the actual investor in the name of others.

Legal basis: Article 25 of the Company Law of People's Republic of China (PRC) shall specify the following items: (1) Name and domicile of the company; (2) The business scope of the company; (3) The registered capital of the company. (4) Names of shareholders. (5) The mode, amount and time of contribution by shareholders. (6) The organizational structure of the company, its methods of formation, powers and rules of procedure; (7) The legal representative of the company; (eight) other matters that need to be stipulated by the shareholders' meeting. Shareholders shall sign and seal the articles of association.