Sounds a bit like the practice of shelf companies, where people create companies, give them a basic history with the tax department, etc, purely for the purpose

Sounds a bit like the practice of shelf companies, where people create companies, give them a basic history with the tax department, etc, purely for the purpose of selling them to people who need a company with such a history to .. hide things https://en.wikipedia.org/wiki/Shelf_corporation https://en.wikipedia.org/wiki/Shelf_corporation