Han Xuan was on Via Island, but he kept phone calls about five a day, and was in close contact with Mr. Card to deal with follow-up issues after Hamil took office. He kept doing big and small things and had no time to rest well.｜Chinese｜Novels..

After Hamil recovered from his injury, he immediately began to form a new cabinet. Han Xuan wanted to ensure that at least three-quarters of the members were on his side and gradually placed his own people in important positions. There were many things to be done, and he couldn't leave.

The Maldives Constitution stipulates that the atolls and Male Island in each administrative region each have two elected people's representatives, with a term of five years.

The remaining eight parliamentary representatives are appointed by the president, who also have the right to appoint or disband the cabinet ministers and refer to all judges. All citizens over the age of 21 have the right to vote.

In mid-September, the Prime Minister of the Republic of Sri Lanka and the Minister of Finance of Nepal came to the Maldives for state visits.

Han Xuan accompanied them to visit the developed islands, talk about the driving role of tourism in the local economy, and provide some suggestions for the future development direction of these two countries.

There is no way. Apart from him, the Maldives can't find a celebrity with a suitable status, nor a large enterprise worth visiting. Hamil has no experience in receiving foreign guests, so this task fell on Han Xuan.

But at the end of September, the United Nations sent people to visit, and Han Xuan did not come forward again, asking Hamil to learn how to deal with these things by himself.

After Hamil just formed the cabinet and parliament in early October, he strongly announced that he would carry out economic reforms, mainly learning from the Cayman Islands, and the economic reforms include:

1. Abolish the foreign exchange controls in the Maldives, making the funds of enterprises more flexible in international transactions.

2. Relax the approval process and registration policies. As long as you are over 18 years old, you can register and establish a limited company. The registered capital is only 50,000 US dollars and there is no capital verification required.

3. The company does not need to conduct substantial business in the Maldives and only charges a small annual management fee.

4. Only one shareholder and one director are required to register a company, and the shareholder directors can be the same person. The shareholder information is absolutely confidential.

5. Only 5% of the corporate income tax is charged every year, and no tax is required for the rest.

This is the main content, and there are some measures to target local economic reforms, relax restrictions, and promote the development of local enterprises.

These contents have just been announced and other countries responded, accusing the Republic of Maldives of condoning economic crimes.

The United Nations sent people have just returned, and the United Nations Secretary-General decided to come to the Maldives in person to discuss the matter.

If this reform is really done, it means that many registered company shareholders may not have been to the Maldives once. After getting the registered account, they use shell companies in offshore jurisdictions to create a large number of related transactions and then transfer corporate profits to shell companies.

Because the Maldives corporate income tax is extremely low, those companies can legally buy high and sell low to make profits offshore companies and leave losses to domestic companies, avoiding domestic value-added tax, etc.

In the end, when enterprises and individuals make money, the state will receive less taxes...

All of these are Han Xuan's ideas.

The reason why he looked at the Republic of Maldives was that he wanted to turn it into his own "economic enclave". After thinking for a long time, he thought it was very likely to succeed, so he let it go.

At his instruction, Hamil immediately responded, saying that other countries interfered in the internal affairs of the Maldives and gave strong accusations.

And it shows the data, saying that the Maldives is now at the bottom of the world's per capita annual income, so that only in this way can the economy be developed.

Compared with the British Cayman Islands' no tax policy, the Maldives also imposes a 5% income tax, which is already very reasonable.

He also acted as a rogue and said that if other countries have any better ways to solve the poverty problem of Maldives, such as providing one billion or eight hundred million dollars a year, he would cancel this policy.

Hamil made a sound internationally for the first time, and successfully pulled the UK behind the Cayman Islands into the water.

European countries have begun to accuse the UK of allowing corporate tax evasion, making the Cayman Islands a legal tax haven for enterprises around the world.

This matter is very involved. Since the Cayman Islands implemented the free economic policy in 1972, tens of thousands of companies and individuals around the world have registered offshore companies in the Cayman Islands.

Seeing that the intention of mentioning this unspoken rule, vested interests and businessmen from various countries began to launch public relations.

Somehow, the incident of protesting against the Maldives' economic reform passed quietly.

The mastermind behind Han Xuan is not surprised at all.

Having considered this as early as last year, he believed from the beginning that the Maldives' economic reform could be successful by dragging the Cayman Islands into the water.

Great wisdom is like a demon, he is now...

After three discussions, the Parliament formally determined the reform on October 12th. The previously formulated documents will take effect from 9 a.m. on the 13th.

Since the Maldives has implemented a free economic policy, the previous state-owned enterprises should also be liberalized and handed over to private management.

Under the leadership of President Hamil and Minister of Finance Mumeng, public bidding and auction of state-owned enterprises including Maldives Airport, Maldives Airlines, Maldives State Bank, Maldives Electric Power Company, Maldives Freshwater Purification Company and other state-owned enterprises soon began.

An announcement was issued that half of the funds obtained from the auction of state-owned enterprises were nationalized and half distributed to more than 200,000 Maldives citizens.

The people were so happy to hear this!

The company was originally from the country and had nothing to do with them. Is it possible to sell it this time?

Most people only see the good side and fully support the "Great President Hamil" in carrying out economic reforms. Only a very small number of people find that these are the pillar industries of the Maldives and believe that they should be cautious.

Unfortunately, the sound was drowned in the sea of ​​people and even a splash of water could not be splashed.

The rich people with strength elsewhere had already started their bidding activities quickly before they got the news.

Dozens of companies that have just been established in the Maldives are "scrambling to buy", but in fact, the owners of those companies are all Han Xuan.

There are only a few exceptions, they are a local businessman consortium and do not have enough financial resources.

The one billion dollar bearer bonds that the Koch brothers "give" Han Xuan were used this time.

Xueshan Investment Company, Han Xuan’s personal account, has a penny of hot money overseas. It has successfully avoided the supervision of the US Taxation Bureau and spent $347 billion to acquire all the state-owned enterprises in Maldives, successfully grasping the Maldives’ economic and civil life.

He plans to use the remaining money to develop Maldives Airlines, to rectify airports and develop banks.

Recently, I am busy recruiting talents around the world. This is a shameful new company. It is safe to have no contact with Xueshan Investment Company, and those in the company cannot use it.

Apart from Hamil, even the Minister of Finance didn't know who bought these companies.

The company registration places of state-owned enterprises won by secret bidding are all in the Maldives, with different names and the list of registrants is strictly confidential.

It is worth mentioning that in order to keep confidentiality, the registered information is currently placed in the vault of the National Bank of Maldives, which is kept by Han Xuan himself, and no one can find it.

If someone opens the second vault, they will find countless large wooden boxes placed inside, those gold, silver and treasures dug from the underground of the Indian temple. They were transferred here after Han Xuan acquired the bank.

So far, there has been no news of the temple being stolen, and it seems that it will take a long time to discover it.

Has been in Maldives for two months.
Chapter completed!