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Jia Yueting, a veteran tax avoidance driver, will tell you:Why do Cayman listed companies use BVI?

Jia Yueting, a veteran tax avoidance driver, will tell you:Why do Cayman listed companies use BVI? Cayman is a company registration place recognized by major stock exchanges in the world,Cayman companies can list on these exchanges,But we often find,In corporate structures listed on these exchanges,BVI companies will appear,What is the reason for this?

Take the recent RMB 300 million financing from Evergrande,For the reborn Jia Yueting,That's how he plays:Financing entities of the FF system,It is an offshore company registered in Cayman,Namely Smart King Ltd (Cayman Holdings Company)。

Offshore company FF Top Holding Ltd (BVI Top) is a shareholder of Cayman Holding Company,According to the agreement and market news,BVI Top is Jia Yueting’s shareholding platform,Cayman Holdings also has other shareholders。 Cayman again,It’s BVI again,People who eat melons are a bit stupid and can’t understand,What's the mystery behind it?

to know,Jia Yueting is an accountant,for tax avoidance、He can be regarded as a veteran driver when it comes to listing! Earlier, LeTV had a wholly-owned subsidiary registered in Horgos.,Because of the tax exemption policy,2I saved 100 million this year。 Then now,What kind of medicine is sold in the gourd?,Let the editor explain it carefully for everyone。

first,Why go to Cayman to register a company first?,Because only import tax is collected there、Industrial and commercial registration tax、A few simple taxes such as the tourist tax - a tax haven in the eyes of entrepreneurs。 also,The process of opening a company in the Cayman Islands is also ridiculously simple - as long as you are over 18 years old,Just have $50,000 in your pocket.。Even if you borrowed the money from the bank, they won't bother to take care of it.。

The Cayman Islands government is also smart,In order to attract companies to register with them,They provide privacy protection for businesses,director、Shareholder information enjoys a high degree of confidentiality,Absolute confidentiality,Completely private,This has also led to complaints from prosecutors and tax authorities in many countries.。So,What is the relationship between Cayman and BVI? to know,Company registered in the Cayman Islands,Can apply for listing in Hong Kong and many other regions。

Add a BVI listed company between domestic industries and Cayman companies,in the process of reorganization,BVI companies serve as the main body for foreign investment to acquire domestic enterprises.,Holding domestic companies,The Cayman company owns 100% of the equity of the BVI company。 therefore,Every time a listed company establishes a new business,You can also set up a BVI company under the Cayman company,Make companies engaged in different businesses independent of each other,Will not burden each other。

and,In the BVI company tax law, only the equity between the BVI company and the BVI company is completely tax-free.。In this way,Registering multiple “shell” companies in multiple tax planning locations,Intertwined holding relationships,All company information is kept confidential.,Very convenient for related transactions,And the more complex the architecture, the safer it is,This ensures the highest degree of confidentiality of the company's various businesses.。

besides,Registering a BVI company and these things

Advantages

  1. Have good financial and legal facilities,Facilitate the establishment and development of various financial institutions or foundations;
  2. Government protects shareholder interests,No need to disclose the identity of the beneficiary;
  3. In order to encourage economic development, local governments,attract foreign investment,One person can own a limited company outright;
  4. Government provides privacy protection for companies,Director information is absolutely confidential (this is also the biggest difference from domestic companies),Strong confidentiality);
  5. low tax rate,Island International Limited is subject to very few tax controls;
  6. No auditor's report required,Just keep the data to reflect the economic situation;
  7. There is no need to pay profits tax on profits earned from operations abroad,Reasonable tax avoidance can be achieved through triangular trade;
  8. Businesses on the island can open bank accounts anywhere in the world; So,What needs to be met to register a BVI company?

Application conditions

  1. One or more shareholders who are over 18 years old (Mainland citizens or foreigners with passport or ID card);
  2. Have a registered address and legal secretary of the limited company (usually provided by the agency company); The detailed procedures for registering a BVI company are relatively simple.:power of attorney–sign agreement–Pay deposit–Directors personally sign statutory documents–Go through the formalities at various government departments–Delivery settlement。12It can be done in one working day。

No wonder many Cayman listings use multiple BVIs。 BVI related skills,Have you got it? *Welcome to leave a message at the bottom,Exchange, study and discuss with the little master Tanglang。


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