My Wealth is like a Deep Sea
Chapter 528
The local Zheng government does not have any shui fees for such companies, only a small annual management fee.
In addition to the shui service discounts, almost all offshore jurisdictions clearly stipulate:
Offshore companies can allow foreign investors to have 100% equity ownership.
Capital and profit can be remitted 100%, no income, capital gains, company and inheritance are not collected.
The company’s shareholder information, shareholding ratio, income status, and other company information have the right to keep strictly confidential. If the company is unwilling, it may not disclose it.
Another advantage is that almost all major fruit banks recognize such companies.
Offshore companies can open accounts in banks to facilitate their financial operations.
At the same time, the capital account is fully convertible, and offshore companies can successfully bypass trade barriers through offshore financial centers. There is no foreign exchange control and the transfer of funds is more convenient.
Because offshore companies have the three characteristics of high confidentiality, reduction of financial burden, and no foreign exchange control, it has become the world's largest refuge paradise!
Therefore, overseas offshore companies are often used by many large multinational companies and individuals with high-value assets.
It can build a powerful economy, especially financial dark forces, while ensuring the concealment of its assets and extremely high interests.
The places where offshore companies can be registered include the British Virgin Islands, Cayman Islands, Niue, Bahamas, Seychelles, Panama, Mauritius, Bermuda, etc.
Fruit home or area.
And Yang Long registered ten offshore companies in these fruit homes or regions.
Then another fifty offshore companies were registered under the names of these ten offshore companies.
These ten offshore companies and the fifty offshore companies respectively cross-hold shares, with as many as 56% of the shares and as little as 12% of the shares.
And those ten offshore companies are only used by Yang Long as a shell, and the fifty offshore companies under the names of those ten companies are the real financial instruments.
The reason for cross-holding and the establishment of so many offshore companies is very simple.That is confidentiality!
These fifty offshore companies are all registered in different offshore fruit houses or regions in the world, and you must check the information of any of them.
Then you need to check the identity information of the other 69 shareholders, and the information of these shareholders is distributed in offshore areas around the world.
Even if the identification information can be found, there are still legal persons registered with this company.
However, the legal person of this offshore company is one of the ten offshore companies.
Then we will continue to check, and check the information of 59 shareholders of this offshore company.
And the information of fifty-nine shareholders is also offshore companies distributed all over the world...
Because such shares cross each other, it takes a lot of time to verify the workload.
Moreover, the shareholder identity information of these offshore companies to be checked is strictly confidential in those offshore fruit houses or regions.
It is hard to say whether it can be verified, that is, one can be verified through illegal means, but there is no guarantee that the information of other families can be verified.
Moreover, such a huge and difficult verification work can easily leak out the information, cause vigilance, and then be countered, so it is almost impossible to verify it.
And because of its extreme concealment, it has become the most widely used and most effective financial weapon by financial dark forces!.
It was through the accounts of these offshore companies that Yang Long acquired the outstanding shares of the Chada Bank.
In this way, whether it is Chada Bank itself, Yanmayi Holdings, or other forces, it will not be clear that he is secretly acquiring the shares of Chada Bank, especially the large-scale acquisition of Chada Bank shares.
Even if they react at the time and find that the number of shares outstanding on the stock market has shrunk greatly, and when investigating buyers, the huge offshore company organizational structure will make them exhausted.
At that time, he might have been able to enter the bank to check the bank.
Although the host bank will have a fierce confrontation with Yanmayi Holdings, it may even offend the more powerful old Canadian owner/right fund behind Yanmayi.
But Yang Long doesn't care about these.
If you want to do things, it is impossible not to sin.
The cake is only that big, if you want to expand your own interests, you must always occupy the interests of others.
The acquisition of Chada Bank is already the safest path of development among his goals.
"There should still be nearly 10% of the outstanding shares of the Chada Bank in circulation, and we will strive to acquire more shares."
Yang Long said: "The more shares we hold, the stronger our position will be."
Although they now own 20% of the shares in Chada Bank, they have secretly surpassed Yanmayi Holdings, the largest shareholder of Chada Bank.
But no one knows how much Yanmayi Holdings has a say in the shareholders meeting of Chada Bank.
As long as he does not have more than 50% of the right to speak, he will not have the right to operate and control the bank.
During the talk, the two returned to Shangri-La Hotel in the car.
When Yang Long was about to book a hotel room for Lin Hongyi-Pedestrian, who knew Katie had already booked it.
After returning to the room and resting for a while, the two came to the Pertui Restaurant located in the Shangri-La Hotel.
As one of the top five-star hotels in Xiangjiang, Shangri-La Hotel is unique in that you can taste food from all over the world.
In order to cater to the unique tastes and requirements of different guests, the hotel has a number of fruit-level restaurants, not only the summer palace visited by Yang Long and Katie.
There is also the current Perch Restaurant. In addition, there are also many dining halls such as Nadaman RB Restaurant, cafeTOO coffee shop, lobster bar restaurant, high gourmet restaurant, ripple terrace and lobby lounge.
Per Chui Restaurant, is an authentic Gaul chicken country restaurant where you can taste delicious and top-notch French cuisine.
The classical European-style decoration, the exquisite dishes, and the attentive service all make this restaurant famous in Xiangjiang.
Pertui Restaurant is not only famous for its top-notch French cuisine, its wine brand includes Petrus wine series and more than 1,900 world-class wines from different famous wineries.
The restaurant’s wine cellar collects a variety of top-quality wines, and the variety is second to none in Asia.
It has been awarded BestofAwardofExcellence by WineSpeatator magazine for ten consecutive years.
Of course, the most important reason for choosing dinner here is that through the full-view floor-to-ceiling glass windows in the restaurant, you can overlook the beautiful night view of the entire Victoria Harbour.
The night view on both sides of the Victoria Harbour is one of the world's famous sightseeing spots. Because of the night view of Victoria Harbour, it is ranked as the "Three Night Views in the World" alongside the island country of Hakodate and the Italian wolf country Naples.
Since 2004, Xiangjiang has hosted the "Symphony of Lights" laser spotlight and music performance every night with the participation of more than 40 buildings.
On November 21, 2005, the performance became "the world's largest light and music show" and was included in the Guinness Book of Records as one of the world’s three world-famous natural harbours. The port of Rio de Janeiro in the country is equally famous.