Chapter 59 Registration of Overseas Companies



Today, Zhao Xiaohai needs to communicate with a lawyer. He believes that the other party must be able to speak Mandarin or Cantonese, but if he can communicate in English, he will definitely not use Cantonese.

This is the state of condescending attitude Hong Kong holds towards people from the mainland, and it cannot be changed anytime soon.

Even though the mainland's economy has risen in later generations, many people in Hong Kong still use English to communicate and maintain their sense of superiority.

Zhao Xiaohai sighed as he got into Mrs. Lin's car.

10 a.m., King & Wood Mallesons.

The automatic door opened and Zhao Xiaohai met the receptionist.

Zhao Xiaohai walked into the hall and the waitress came over and asked with a smile.

"Sir, do you have an appointment with a lawyer?"

"My appointment is with Lawyer Jin."

"What kind of lawyer do you need?"

"Company registration, financial and economic aspects."

"Okay, please come this way. Lawyer Jin is busy, please wait a moment."

The waitress took Zhao Xiaohai to a lounge, made him a cup of coffee, and then went to notify people.

I have to say,

The service was excellent.

Mrs. Lin didn't say a word because she was a little uncomfortable with Zhao Xiaohai's fluent English conversation just now.

I have been to mainland China several times, and those who are so good at English are either college students or people in foreign trade and economics departments.

Could it be that Zhao Xiaohai is a college student?

I haven't heard him say that.

Could he be the child of some old Shanghai capitalist from the mainland?

Mrs. Lin pondered it for a long time, but still didn't ask directly.

About ten minutes later, the waitress came over and asked Mrs. Lin and Zhao Xiaohai to go to another room. In the room, a young lawyer in his thirties stood up and greeted Zhao Xiaohai in English.

"Hello, sir. My name is David King. I'm an economics lawyer and a partner at a law firm. You can call me David."

As expected, he is good at showing off and speaking English.

"Hello David, my name is Zhao Xiaohai." Zhao Xiaohai said in English.

Lawyer David stood up and responded enthusiastically. After the two shook hands, they sat down together and asked with a smile.

"Mr. Zhao, nice to meet you. Regarding overseas company registration, this involves many aspects. Which one do you want to know first?" Lawyer David pushed his glasses on the bridge of his nose and looked at Zhao Xiaohai intently.

"I would like to consult about setting up two companies." Zhao Xiaohai stated his intention directly.

"No problem. This is the area I'm best at. What kind of company do you want to set up?" David said.

"I want to set up a company in an offshore location like the Cayman Islands or the Virgin Islands, and another in Hong Kong. I want to use the offshore company to manage the Hong Kong company. The shareholder information of both companies must be kept completely confidential."

David nodded, "It can be done, it's not difficult."

"Lawyer David, I'd like to first understand the pros and cons of registering a company in different regions. For example, in common offshore registration locations such as the Cayman Islands and the British Virgin Islands, what are the characteristics of the tax policies and legal supervision, as well as what the subsequent maintenance costs are like." Zhao Xiaohai spoke clearly with a calm look in his eyes.

Lawyer David nodded and began to explain in detail: "Mr. Zhao, the Cayman Islands is famous for its comprehensive financial legal system and extremely low tax policies. There is almost no direct taxation and company information is strictly confidential. It is very suitable for companies engaged in international trade and investment.

However, the maintenance cost is relatively high, and you need to pay a certain amount of annual review fees and registered agent fees every year..."

Zhao Xiaohai listened attentively and asked some precise questions from time to time.

"If I plan to engage in import and export trade, involving cargo transportation and warehousing, will there be any special requirements for legal supervision of the logistics process if I register in these regions?"

Lawyer David was slightly surprised by the professionalism of Zhao Xiaohai's question. "This is indeed a key issue. Different regions have different regulations when it comes to logistics.

For example, the British Virgin Islands has a clear legal definition of the transfer of ownership of goods, which requires special attention when you sign trade contracts and transportation agreements..."

Zhao Xiaohai took out his ID card from his pocket and placed it on the table. "This is my ID card. Is there any problem with the registration?"

This is the problem that Zhao Xiaohai is most worried about. Although Zhao Xiaohai knows a little about economic management, he has never been exposed to offshore companies and company registration in Hong Kong before, and does not know the regulations there. Moreover, it is now 1985. If he cannot register a company with a mainland identity, then his future plans will be completely ruined.

Or just go back to being a profiteer.

Mrs. Lin carefully examined the documents on the table.

Zhao Xiaohai was born on September 12, 1964.

21 years old this year.

David opened the document, and a hint of surprise flashed across his face.

"Are you from the mainland?"

"What's wrong? Is there any problem with registering a company with this identity?" Zhao Xiaohai asked.

David immediately shook his head. "That's fine. It's best to use a passport, as it's recognized globally. I'm surprised you speak such good English. I thought you were from Hong Kong just now."

As David spoke, he picked up the cup on the table and took a sip of water. Countless thoughts flashed through his mind. The young man in front of him spoke fluent English and was obviously well-educated. He was well-dressed and behaved elegantly. Although his clothes were not famous brands, they were not cheap either. A Swiss watch was faintly visible on his wrist.

From the mainland,

When setting up overseas offshore companies or holding Hong Kong companies, they all require anonymity. It is obvious that they want to hide their information.

He had already labeled Zhao Xiaohai in his mind.

This chapter is not finished yet, please click on the next page to continue reading the exciting content!

Continue read on readnovelmtl.com


Recommendation



Learn more about our ad policy or report bad ads.

About Our Ads

Comments


Please login to comment

Chapter List