Age of Dreams
Vol 2 Chapter 1541: Some ideas
When the Fairy Company just released Dreampad, Niu Ruzheng once asked Xiao Qi if he wanted to go public in the mainland out of good intentions, but Xiao Qi quickly rejected it.
In this year, companies that are profitable and earn money will only be listed on the mainland unless they are large and medium-sized state-owned enterprises. Others who are a little motivated will choose to list overseas, either in Hong Kong or New York.
Because the reputation of the entire Huaguo stock market has never been so good, the sole purpose of many companies going public is to collect money. As for the operation and profit pursuit after the listing, it is absolutely impossible to use heart.
These are better, after all, they are not making money.
The most hateful are those good companies that make a lot of money. Many of them have never distributed dividends to shareholders. This kind of behavior in the United States is subject to heavy fines and heavy fines and then heavy fines. In China, it is accustomed to it, and there is no one to restrain it. And govern them.
Not to mention that Xiao Qi never planned to let the core company of the fairy family go public, even if Xiao Qi was going to list the company, you said that a stock market like this, can Xiao Qi get listed here?
The non-listing of the company's core industry is a common method used by many large and small companies at home and abroad, especially those of some private family-owned companies. The favorite is to play this trick.
For example, Chow Sang Sang, who invited Li Shaozhi as the opening guest some time ago, the Hong Kong stock market is worth about 12 billion yuan, but the real estate of many of their stores is not included in the company's assets, but is privately owned by the Chou family.
If this part of the assets is added, I believe that there is no problem at all for the Zhou family, the controlling shareholder of Chow Sang Sang, to enter the top 20 in Hong Kong.
Another example is the former richest man in the country of Gome. There are at least 300 Gome stores in the capital that have not been added to the listed assets of Gome. However, these stores are worth a few. Tens of millions.
The most famous is naturally the Fok family in Hong Kong. The former richest man in Hong Kong who is known as a red businessman has more than hundreds of large and small properties in Hong Kong. But these are also just private property and are not disclosed to the outside world. Therefore, the Huo family has only more than 30 billion property.
As a result, when the Huo brothers were fighting for property in 2013, it was revealed that the Huo family actually held more than 67 billion Hong Kong dollars in property. This is not all, because many properties are privately held by the Huo family’s wife and children. Putting it all together, the Huo family's ranking in the top five in Hong Kong is not a problem at all.
Europe and the United States, Japan, South Korea, and Hong Kong’s treasure island are the same. The purpose of keeping core assets from listing is generally only one, that is, reasonable tax avoidance and avoiding government and agency supervision.
They usually appear in the form of foundations. For example, Li Chaoren has a "Li Family Fund" in it, and the Huo family also has a "Huo Xingyetang". The gang leader Qiao also has his own private trust fund, Bill Gates children’s shoes, old Mr. Buffett... etc. They all do this, so that every time members of the family metabolize, they don’t have to consider the expensive inheritance tax. Continue to maintain and develop the family industry.
Understand?
As long as your property appears in the form of a foundation and does not fall under the name of a specific person, then it is an operating company and is not considered private property. Then you can avoid all kinds of taxes, monitoring, etc. reasonably.
There is no doubt that Xiao Qi did the same.
An offshore company from the beginning. And now the "Xiao Family Fund" that has been planned, as well as the private property for the wives of each house, are all working hard in this direction.
Of course, Hua Guo has not yet levied an inheritance tax. Xiao Qi's main purpose is actually to make future generations invincible, so that they can enjoy the wealth they have created as long as possible.
As for business activities in the United States, Europe, Japan and South Korea. Xiao Qi is doing everything possible to "legal tax avoidance". The high accounting firm fees and Mario law firm fees that exceed hundreds of millions of dollars every year are to ensure that he pays as little tax as possible-leave it to these foreigners, Xiao Qi was very unwilling.
However, Xiao Qi has never played such "legal tax avoidance" in domestic business activities. Instead, many preferential policies have been avoided.
For example, the Fairy Company enjoys 10% of Dreampad’s total profits, but among the Dreampad’s holding companies, Xiao Qi’s offshore companies in the International Financial District are not mentioned. They are based solely on the shares of Virgin Group, lvmh Group, The personal purchase of Green Pine Capital, Samsung and Ellison can already be regarded as a 100% joint venture company.
It stands to reason that there are many preferential policies for joint ventures, including tax reductions and exemptions, various electricity, water and gas, etc. cost reductions. The accumulated costs are not small.
But when Jing Xuan asked Xiao Qi, except for the enjoyment policy within a reasonable range, the rest of Xiao Qi refused without thinking.
Fairy Company does not need to take advantage of these aspects.
Some people, even people in the company, have said that you are stupid, the little boss. Other companies are not joint ventures. They will find a foreign homeless person to name it ~www.readwn.com~ to get a discount. Let's How can this well-established joint venture company have the advantage of not taking advantage of it?
Xiao Qi never answered them, but in a conversation with Yu Shanshan, he still revealed his true considerations.
"If a country’s companies always take pride in evading their responsibilities and taking advantage of the country, what cohesion does this country have? When have you seen Coca-Cola’s tax evasion in the United States? When have you seen Microsoft’s Tax evasion in the United States? Germany and France have terribly high taxes, but have their companies migrated out of their home countries in large numbers? No!
This country does not belong to any one person, nor does it belong to others, but ours. Although it now has all kinds of problems and defects, it is undeniable that we are moving towards a better life step by step. If we ourselves do not contribute to the development of the country, how can the country develop? Is it necessary to force the country to take all kinds of funds to improve people's livelihood and promote economic development from real estate?
If all of us can do business normally and pay taxes normally, then maybe the state and local governments have money, it will reduce their dependence on land finances, thereby lowering housing prices and reducing everyone's burden. ……Although this idea may not be realistic, as long as there is hope, I will work hard in this direction. To be continued
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