Scholar’s Advanced Technological System

Chapter 279 Offshore Companies

There have been similar plans in the Ark before, but I haven't been too busy.

David's words gave him a wake-up call. If the IRS were to make a fortune, $400 million in personal income would have to be paid, to say the least.

One hundred million people are separated for no reason, and the ship estimates that it will suffer to die.

In this context, the Cayman Islands is undoubtedly the perfect choice.

There are only a few simple types of taxes on the island, such as import taxes, business registration taxes, tourist taxes, etc. Companies registered on the island are not only subject to business tax, but are not even subject to an audit of the company's accounts, with no claim whatsoever except a flat licence fee in January of each year.

Due to the fact that there are too many companies hanging vests here, Microsoft Google nearby and the BAT troika far away, even if license plates are not expensive, they are the backbone of the local economy.

According to David, there are specialized firms in New York that can address a range of accounting audit services from offshore company registration to account opening.

He doesn't even have to step onto that small island in the Caribbean for the rest of his life to own a “transnational corporation” there.

After the party hosted by MRS, the ark returned to its room.

“Can we even outsource the company now?” Looking over at David's card, he spat in his heart and took out his phone and dialed the number on it.

According to David, the company, abbreviated as "AM”, has a small reputation in the field of materials science, serves major universities and technology companies, and has extensive experience in offshore company registration and IPR-related services.

Basically every problem he could think of could be solved perfectly.

The telephone was quickly connected and a formal female voice was heard across the street.

“Hello Sir, this is AM Firm, what business do you intend to do? ”

The Ark simply stated that it needed an offshore patent management company, collaborated with overseas companies on intellectual property licensing, and made some "tax planning” on revenues.

After listening to his request, the other party immediately understood what he meant, especially after knowing that he was not asking random questions, the voice also became serious.

“… can you specify within what range your business scale is expected to be? For example, is one year's expected profit less than a million dollars, or more? ”

The Ark thought about it.

“… more than 100 million. ”

The other side of the phone was silent for about three seconds.

“Sir?”

Ark: “What's wrong? ”

“Sorry, I didn't hear you clearly, you said…”

Ark: “Over 100 million. Is there a problem? ”

There was a slight disturbance across the phone, footsteps, and the sound of flipping documents.

Immediately after the phone was snatched, another person came to negotiate with the Ark.

“Hello, sir, this is Wolf Witt, and I will be here to advise you throughout. What is your name? ”

The voice, obviously, was much more enthusiastic.

“Ark. ”

“Okay, Mr. Ark.” Wolfe quickly filled out the customer profile on paper with his arm clamped to his phone, "Yes, if you intend to be a patent management company, the bank will ask you to provide a copy of the company's business statement if the amount of funds in the account is large, even if the Cayman Islands itself does not audit the company's accounts. ”

The ark frowned and asked, "Is it a problem? ”

“No, no, no, no trouble at all, we can offer you three options...”

Upon hearing that he seemed to intend to introduce the three options from beginning to end, the Ark broke his words headachedly.

“Send your three options to my mailbox with your quote. I'll get in touch with you if it's appropriate and I don't want to discuss it over the phone, that's all. ”

Wolfe quickly stopped talking: "Yes sir, your email is...”

After describing his mailbox, the ship repeated its request and hung up.

……

The firm David Shaw recommended to him was indeed very efficient.

There's nothing to throw up anywhere but that proxy named Wolf.

Since their area of business revolved around the intellectual property sector, together with the client base, which was dominated by universities and research institutes, they quickly found information about the Ark after hearing its name.

Especially when Wolfe found out what a big man his client was, he immediately showed the utmost importance, almost overnight kicked out of three schemes and sent them to the Ark's mailbox.

The next morning, when we were in bed together, the Ark routinely checked the mailbox, we saw the mail.

A total of 12 pages containing not only three proposed scenarios, but also the corresponding quotations for each scenario, as well as a model agency contract.

Under the AM firm's last "bespoke package”, he had access to a fully structured patent agency for only $500,000 in service fees, and the firm provided two years of after-sales service to address a range of legal issues.

In this country, it seems that as long as there is money, everything is not the problem.

Even if the Ark had not considered the issue for the time being, Wolfe had thought of it for him, simply not recommending to him a property suited to his current price, and buying a financial product for the company's spare funds in the future...

Fearing trouble, the Ark had little hesitation and opted for the most expedient option three.

The Crawford prize money hasn't been used much, plus Princeton's salary, and he still gets half a million dollars.

Not to mention the fact that he was not required to pay the sum in full and that the balance would be settled after the completion of the project.

By then, hundreds of thousands of dollars would be nothing more than a hairy rain for him.

Upon receiving a $200,000 deposit, AM agent Wolfe left for Boston.

Although signing the contract now did not require face-to-face completion, he came with the contract and an assistant in order to express his sincerity and develop the bully into his own client.

The meeting was arranged, the ark was recognized at the hotel's doorstep, and Wolfe reached out his right hand from afar and greeted him with enthusiasm.

“Pleasure to meet you! You must be Mr. Ark, I'm the agent in charge of your case... here's my card. ”

After shaking hands with the ark, Wolfe skilfully handed him his card and continued.

“… if you haven't eaten either, we can have a chat. I know there's a great cafe nearby, and the tuna sandwich is the best sandwich I've ever had. ”

He put away his card, and the ark looked at him unexpectedly and said, "Do you come here often? ”

"Of course, a lot of my clients are in Boston, and I've been here more than ten times. ”

After a chill, the two did not make more stops in front of the hotel, found a quiet cafe nearby and started interviewing specific details about the patent management company while signing an agency contract.

According to the contents of the contract.

AM will be here in two weeks to help him with the patent management business.

And the Ark will pay the remaining balance by the end of January next year.

There is no room for such agency contracts, nor is it possible for such formal firms to make jokes about their reputation. After checking the amount figures and cooperation rules, the Ark signed its name on the contract.

Having accepted the contract of his own, Wolff continued to speak almost habitually.

“By the way, we noticed that your cooperation with Belgian UMEC is still at the letter of intent stage. Out of professional responsibility, I must remind you that with hundreds of millions of dollars in intellectual property cooperation, such chemical giants are highly likely to set a trap in contracts. They have a cunning team of lawyers, even punctuation marks can hide traps...”

Clear your voice, Wolfe continues.

“… in order to avoid hidden dangers, I wholeheartedly recommend that you choose our team of lawyers to assist you in entering into a contract, our lawyers are absolutely the elite among the elite on intellectual property issues -"

Dropping the pen in his hand, the ark broke him with a headache: "One thing at a time, one thing at a time. You help me get the patent management company thing done, then I'll keep thinking about you if I'm satisfied. ”

Wolf smiled confidently.

“Rest assured, sir, that our AM firm's ability to do business will satisfy you, both lawyers and accountants! ”