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Chapter 419 Should I Sign?(1/2)

Chapter 419 Should I sign?

This is actually a newly founded company, so new that it doesn’t even have a name.

When Deng Weimin asked Chen Li's name, he didn't think about it for a moment, so he directly borrowed the name "Shennong" belonging to the system.

But when Deng Weimin went to help register the company, it was registered as Divine Dragon, also known as Shenlong!

This company is registered in the Cayman Islands, but Chen Li is not doing this to avoid taxes!

In fact, many people in China have a misunderstanding about so-called tax havens such as Cayman and Viking.

Many well-known domestic companies, their parent companies are almost always registered in these places.

And because these places are almost all well-known tax havens, many people subconsciously think that the reason why these companies are registered in places like Cayman is to avoid taxes.

But in fact~ Is that really the case? That’s really not the case!

Especially for those companies that do most of their business in China, no matter where you register, you cannot avoid tax.

Many people have been led astray by some marketing accounts on the Internet, and mistakenly believe that these companies have moved their company registrations to so-called tax havens such as Cayman and Virgin Islands just to evade taxes.

But how could the country actually exploit such an obvious loophole for you?

How much money you make and how much tax you should pay are all matters that should be divided.

Then some people may be wondering, in this case, why do those companies move their company registration places overseas?

First of all, these so-called tax havens actually mainly target overseas business.

It is impossible for these companies to avoid paying taxes on their revenue in China just because they move the company.

Even overseas business needs to be measured according to the laws of the country where the business is located.

Of course, there is a reason why these places are called tax havens.

As for tax avoidance, those capital parties have already played tricks on it, but these are basically aimed at offshore capital.

Secondly, the biggest purpose of domestic companies that place their registration places in places like Cayman and Viking is not to avoid taxes, but for convenience!

What is convenient? Of course it is to facilitate investment, financing, listing, management and many other reasons.

The most important of them is financing and listing, and there are no foreign exchange controls. Funds can flow freely and flexibly, which greatly facilitates the operation of enterprises.

In fact, if you study carefully, you will find that those companies that place their company registration overseas will almost always choose to list on Nasdaq or Hong Kong stocks, rather than the domestic A-share market.

Of course~ The reason why Chen Li registered the company in Cayman was neither for tax avoidance nor for financing and listing. He was simply doing it for convenience.

First of all, registration is convenient. Deng Weimin just found a company similar to an intermediary and spent some money to get it done. No one even contacted Chen Li during the whole process.

And then there’s confidentiality!

Chen Li is very clear about his future, and he doesn't want to be listed on some Forbes rankings in the future.

This has something to do with the traditional concept of the Chinese people. After all, wealth should not be revealed in vain!

Of course ~ the company Chen Li asked everyone to sign this time is actually just a subsidiary of Shenlong Company.

Its business is only focused on the investment made last year, which means that this company is only focused on the investment behavior of the red pony.

As for the newly formed subsidiary, Chen Li holds 40% of the shares, while Li Yuan, who is not present, holds up to 30% of the shares.

Further down ~ 10% belongs to Liu Qingqing and 8% belongs to Chen Li's parents.

Chen Li's second father and second aunt each accounted for 5%, while Chen Li's aunt only accounted for 2%.

This was calculated by Chen Li based on the funds loaned by his relatives and friends last year.

Chen Li knows very well that using numbers to measure family, friendship and even love is actually a very nonsense thing.

After all, it is impossible to express something like emotion in numbers.

Moreover, different family backgrounds and economic levels have different emotional values ​​attached to them.

Just like Chen Li's aunt only lent two thousand yuan to Chen Li, it doesn't mean that the family relationship between her and Chen Li is really more important than the thirty thousand yuan that Li Yuan borrowed.

The reason why she gets less is because she herself has less.

Although 30,000 yuan is not a small amount for Li Yuan, it is really not a big deal.

But two thousand yuan is really a lot of savings for Chen Li's aunt.

Therefore, things like feelings are measured by numbers, which is an unfair thing in itself.

But when Chen Li decided to digitize this feeling, then using funds to make an accurate judgment was the fairest algorithm.

However, Chen Li can subsidize his aunt in private. This is a matter between him and his aunt.

Of course, Chen Li was not really fair, just like Liu Qingqing, who gave almost all her money to Chen Li.

7225.20 yuan! This was all Liu Qingqing’s savings after leaving living expenses in her meal card. This silly girl gave all of it to Chen Li.

To put it bluntly, if Chen Li had lost the money at that time, then Miss Liu would probably have to call home to ask for living expenses.

So even though the money given by Miss Liu was only 7,225.20 yuan, Chen Li still gave the girl 10% of the shares.

Sooner or later we are all one family anyway, so it doesn't really matter.

And although on the surface it seems that Chen Li only holds 40% of the shares, in fact this does not affect Chen Li's management rights over the company at all.

Because everyone, including Li Yuan, has no voting rights.

In other words, the meaning of this share ratio is actually to share the money with everyone after making profits in the future.

No one can say anything about the company, and the shares cannot even be bought or sold without the permission of the board of directors.

Chen Li explained all of this clearly on A4 paper.

It's just that although he printed all these things on it, Chen Li still spent more than an hour explaining these terms.

"Xiao Li, I understand what you mean!"

"In other words, as long as I sign."

"The five thousand yuan I lent you last year turned into two hundred thousand?"

“And it’s in U.S. dollars?”

Among everyone present, the first person to fully understand was Chen Li's second father, Chen Guoqiang.

After all, he is a public servant. Although he is a disciplinary inspector, his knowledge still exceeds that of others.

At this moment, Chen Li's second aunt has already started to ask Liu Qingqing how many Chinese coins two hundred thousand US dollars is!

"More than one hundred and sixty thousand?"

Soon~ after getting the answer, Chen Juan let out a scream~ and then seemed to find something was wrong, and immediately reduced the sound of the last two words.

Obviously~ she also felt that she shouldn't yell about this kind of thing. She even subconsciously glanced at the door of the room and breathed a sigh of relief when she found that the door was closed.

But then ~ Chen Juan immediately stood up and walked to Chen Li, hugged Chen Li's head directly, and kissed him on the forehead.

"Good boy~ I really didn't hurt you in vain!"

Hmm. Okay! At this time, Chen Juan was basically so happy that she even called Chen Li the name she called Chen Li when she was a child.

At the same time, she glanced at her husband who was stunned beside her, and the expression on her face looked quite proud.

When she lent money to her eldest brother last year, her husband still complained about it.

It wasn't that Chen Li's second uncle was stingy, but that Chen Juan didn't discuss it with him at all when she borrowed the money, so the two of them had some unpleasantness later.

In fact, Chen Li's second uncle didn't have much objection to the matter of borrowing money, but five thousand yuan was not a small number after all, so we should discuss it with him anyway.

You must know that Chen Li's second uncle is just an ordinary teacher, and the treatment of teachers these days is not as good as it was later.

It's not easy to save some money. His wife lent the money quietly, which made him feel happy.

However, despite some objections, he did not let his wife get the money back. He just had a little temper with Chen Li's second aunt.

In addition, Chen Li returned the money not long after, so this incident did not have any impact.

However, this time when he learned that the 5,000 yuan he lent last year had now become 200,000 US dollars.

This, this, this~ This is simply outrageous!

You know, Chen Li has already paid back the money!

Chen Li's second uncle swallowed his saliva and said hesitantly:

"That money, Xiaoli, haven't you already paid it back?"

"Ah~Uncle, repayment is repayment, but investment is investment!"

Chen Li knew his uncle's character, although he didn't get along very well with him because his uncle was a nerd.

No, this description is a bit overdone. It should be said that his uncle has a strong sense of books.

How should I put it? He is a good person, and he is also a cultured person with quality and culture.

But it is difficult for such elders to get along with juniors like Chen Li.

So the relationship between Chen Li and this second uncle in his previous life was actually only average!

"Although the two seem to be the same thing, they are actually not!"
To be continued...
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