A leather bag company refers to an individual or collective who only carries leather bags to engage in social and economic activities without fixed assets, fixed business premises and fixed personnel. Also known as a leather bag dealer. Later, the term "shell companies" was used to refer to those groups engaged in illegal business and fraudulent activities.
The company adopts the principle of constant capital or capital preservation, and the leather bag company is a nominal company. The company has no fixed capital or the capital has been taken away by the founder, and the false capital contribution is serious! Most of these companies were established for illegal purposes!