If a third-party debt collection company is established in accordance with the law, it is not illegal. When a company engages in business activities, it must abide by laws and administrative regulations, abide by social ethics and business ethics, be honest and trustworthy, accept supervision from the government and the public, and assume social responsibilities. The company's legitimate rights and interests are protected by law and shall not be infringed upon.

1. Overview of debt collection companies:

1. Debt collection/collection companies mainly carry out debt collection activities for clients or institutions such as banks or credit card companies.

2. In Hong Kong, it is called a debt collection agency. Another more elegant name is an account collection, credit management, asset management company, etc. Some credit reporting agencies in Taiwan also provide debt collection services. These activities are not necessarily conducted legally.

3. 2000. The State Administration for Industry and Commerce, the Ministry of Public Security, and the State Economic and Trade Commission issued notices to ban such companies. However, due to difficulties in providing evidence and the government's unwillingness to supervise or lack of supervision, these institutions still exist, and many new companies have emerged.

2. The company has the following advantages:

1. The limited liability of the company’s shareholders determines that shareholders who invest in the company can not only meet the needs of investors to pursue interests, but also make them bear Limit the risk within a reasonable range to increase the enthusiasm for investment.

2. Companies, especially joint-stock companies, can publicly issue stocks and bonds and widely raise funds from the society to facilitate the establishment of large-scale enterprises.

3. The company implements the principle of complete separation of ownership and management rights, which improves the company's management level.

4. The company's unique organizational structure enables the company's capital and operations to maximize profits and better achieve the goals of investors.

5. The corporate form is completely divorced from personal characteristics and is a permanent combination of capital. The personal survival and safety of shareholders does not affect the normal operation of the company. Therefore, the company has a long existence and high stability.

3. Classification of companies:

1. Divided according to different forms of liability borne by shareholders;

2. According to different credit standards of the company Divided;

3. Divided according to different shareholders and whether the stocks can be transferred;

4. Divided according to the nationality of the company;

5. According to a The company is divided based on its control and dependence relationship on another company;

6. There are six more common classification methods such as division based on the company's internal jurisdiction system.

Legal basis:

"Company Law of the People's Republic of China"

Article 5 When companies engage in business activities, they must abide by laws and administrative regulations. Observe social ethics and business ethics, be honest and trustworthy, accept supervision from the government and the public, and assume social responsibilities.

The company’s legitimate rights and interests are protected by law and shall not be infringed upon.

Article 6: To establish a company, one must apply for establishment registration to the company registration authority in accordance with the law. Those that meet the establishment conditions stipulated in this Law shall be registered as a limited liability company or a joint stock company by the company registration authority; those that do not meet the establishment conditions stipulated in this Law shall not be registered as a limited liability company or a joint stock company.

If laws and administrative regulations stipulate that the establishment of a company must be subject to approval, the approval procedures must be completed in accordance with the law before the company is registered.

The public may apply to the company registration authority to inquire about company registration matters, and the company registration authority shall provide inquiry services.