united-states corporate-law
Is it legal to create a corporation for no reason?
<p>Suppose a group of friends randomly decide to start a corporation and do nothing but have meetings and file paperwork, because they enjoy meetings and paperwork. While this isn't something most people would want to do &quot;just for fun&quot;, is it legal?</p>

<p>A business must be incorporated for a legal purpose (reason), and that reason must be stated when the business is registered; but that purpose can be to be incorporated and exist as a business.</p>
<p>It's common for businesses to be registered &quot;for the purpose of conducting lawful business.&quot;</p>
