The rich man: I earn trillions a year, but I’m really not a rich man

The next morning, Qin Yu took Ling Qingcheng and two pilots to the Cayman Islands.

"Boss, we are going to register a company in the Cayman Islands. There may be related tax collection in the future. Although it can have some tax avoidance effects now, the major countries in the world are now preparing to take action against these low-tax regions. I think you should know this news."

"It doesn't matter. It will take a long time to be implemented, and after implementation, there will be no recovery of the tax amount before the regulation came out. So if we register now, we can save tens or even hundreds of billions of dollars in the few years until the regulation is issued."

He had thought about this problem before. Even if such a problem really arises in the future, it will still be lower than the tax paid by simply registering a company. Otherwise, there would not be so many multinational companies registered in the Cayman Islands. Since some people do this, it proves that doing so can still protect their assets.

"But boss, how are you going to deal with it in China? A big tree attracts the wind. It's not like overseas. Capital can directly lead to the pyramid of power. They are naturally not afraid. But we... we still need two plans after all."

"What about your suggestion? Since you said so, there must be a corresponding solution. You can tell me your plan and I'll hear if it's feasible."

"Boss, I do have some ideas, but my plan requires your background to be in a relatively high circle, so that we can ensure that there will be no other problems in the future."

"Hmm?" He didn't understand why Ling Qingcheng said that, but he could guess something. Although that kind of thing couldn't be said to be wrong, it wasn't right either. Moreover, he didn't have the ability to reach that level directly now.

"Tell me about it first. Maybe it can really reach that level. Who can say for sure?"

"It's actually very simple. Once our company is on the right track, we can register a charitable company in China, and donate some money every year to cover expenses from all walks of life. In name, we are doing charity, but in reality, we can make up for the share that should have been given to China in this way. However, this still requires someone to take care of it, and try not to affect us in the future."

"Even if our overseas branches generate a higher share, there is no evidence or data in the corresponding regions for us to make up the relevant share."

"Let's talk about this when we get back. For now, let's just follow my original plan."

...Time passes...

"Welcome, Mr. Qin. What kind of company do you want to register? Is it a multinational company? How many shareholders or natural persons do you have? The initial capital is 50000 US dollars, but there is no upper limit. How much registered capital do you have prepared?"

"Investment company, I've already thought of a name, Renhuang Capital, initial capital of 6000 million US dollars, initial share price: 1 US dollar. Since investment companies are not listed, this share price should be no problem for you, right?"

"Please wait a moment, I will give this information to our manager. Please go to the VIP lounge and wait, the relevant personnel will be here soon." After registering the information, the receptionist went straight to the second floor. Qin Yu's eyes changed, he always felt that there was something weird here.

Although this is a paradise for the rich and these people are just wage earners serving the rich, he still believes in his sixth sense and believes that the man who just left is definitely someone with a problem.

If it's just about cheating money, it's a small matter. But if you're afraid that the other party might do something substantial to harm you, then you'd be in danger, after all, this is someone else's territory.

"Boss, what's wrong with you? You seem to be worried about something." Ling Qingcheng noticed the change in Qin Yu's expression and put down the coffee in her hand.

"Nothing, I just feel like I might get scammed."

"So that's how it is. Then your feeling is correct, boss. Registering a company here can avoid some taxes, but there are people living here. If they don't rely on taxes, they must find other ways, and registered companies are their main source of income."

"But this pit is only a few million or tens of millions of US dollars at most. Compared with the billions or even tens of billions of US dollars in tax revenue in the future, it is still worth it. Moreover, the so-called 'tax havens' created by Western capital operations are actually harvesting resources from other countries in the world to supply themselves."

"It's just because this amount of money is harmless to a large company. For this reason, no one will break this unwritten rule that everyone knows. Since the boss has chosen to register the company here, he must be prepared for this."

"As long as you become strong enough in the future, you will be able to earn back the money in no time. In the end, the pressure will be transferred to ordinary people and will not have much to do with you."

Yes, this is the business world. No matter what you do in the end, the pressure will still be passed on to the lower level, and there will be lower levels until there is no lower level. The famous "20/80 rule" is also changing again and again. Now 2% of people control 98% of the world's resources, and in the future % of people will control % of the resources. The longer the time, the more resources will be concentrated upwards. Qin Yu dare not imagine what the final outcome will be, but it will definitely not be a good one.

While Qin Yu was still thinking, a middle-aged white man suddenly rushed in. "Oh, hello, Mr. Qin from China, I am the manager of this exchange, you can call me Robert Bill, next we will discuss the fees you need to pay every year and how many years the contract is signed. After these things are negotiated, you pay the remuneration, and we will allow your company to obtain the most favorable tax points, or even completely tax-free, no matter which country in the world it operates."

"Ok. Robert Bill, right? Then tell me what the term is here, what's the payment plan, and how much US dollars do I need to pay in one lump sum?"

"Oh, you are such a straightforward person. Normally, the payment is made once a year, with a comprehensive fee of 1500 million US dollars and management and operation fees of 300 million US dollars. But now there is a five-year system, the comprehensive fee is 1380 million US dollars, and the management and operation fee is 120 million US dollars. Which one do you choose?"