What is a puppet company?
The definition of the word "puppet" in the dictionary is "a wooden head in a puppet show, which is a metaphor for being manipulated and unable to stand on its own feet." Puppet company: For example, if the boss of the company is a Taiwanese businessman, it is impossible to register an industry and trade company, so the company is registered in someone's name, and the company legal person is only a nominal legal representative. It relies heavily on other companies to provide technical sales channels. For example, a foreign-funded enterprise registered a China company to open the China market. China companies are registered in Cayman Islands in order to make money or avoid tax when they go public abroad.