"Shell companies" are also called ready-made companies. It was originally established as a corporate legal form according to the British Company Law. It is a limited company established by the promoters according to the laws of Hong Kong or Britain, but it has not appointed the first director and no investors have subscribed for shares, so there will be no business, creditor's rights and debts. When the company is needed, investors only need to hand over the directors and shareholders to the company secretary, who will make relevant documents. It usually takes a few hours to finish.
Because it takes time for a company to be registered and established, some people may need to register and establish a company urgently, and then sign a contract or handle other business in the name of the company. Therefore, professional consulting services, such as our company, registered a large number of companies in advance to buy. Such a company is both a shell company and a ready-made company.
Shell companies generally have the following performances:
(1) The company has no own property;
(2) Although there is company property, a complete company property record is not kept;
(3) The company has no fixed office space;
(4) There is no substantial difference between the company and its shareholders or between the company and other companies.
The civil liability subjects of shell companies are mainly shareholders (including promoters of joint stock limited companies), directors, senior managers and actual controllers of companies that fail to fulfill their statutory obligations, intermediary service agencies that undertake asset evaluation, capital verification or verification, and the third party that contributes to the establishment of the company in advance.