Shell corporations are established by registered agents in the country where they are hoping to set up shop, according to SoFi. That means, in practice, that if a U.S.-based organization wants to set up a shell company in Ireland, for instance, they must work with an Irish registered agent. It’s a relatively simple process to register: All that’s required is the name of the registered agent and the name of the owner of the shell corporation, according to UpCounsel.

The cost for setting up a shell company is also low, as little as a few hundred dollars. Since the whole process can be done remotely, shell companies can be created quickly and easily, and from almost anywhere in the world. However, most shell companies tend to be created in countries with favorable tax laws, including the Cayman Islands, Switzerland, Bermuda, and even the United States, with a particular concentration in the states of Nevada, Wyoming, and Delaware, according to UpCounsel.