What is a shell company? What's the use?

Simply put, shell companies are for some purpose. When investing in a target, a shell company is established instead of direct investment, and then the shell company invests in the target. Shell companies are also called shell companies or shell companies, because there is no other substantive business except the shareholders of the investment object. There are many purposes to set up a shell company. On the one hand, investors hope to use shell companies to hide their investment identity; On the other hand, it is also a requirement for local governments to attract investment, and investment enterprises must be established locally. Of course, the consideration of tax incentives is not ruled out.