Chapter 1541 Some Thoughts

When Fairy Company just released the dream pad, Niu Ruzheng once asked Xiao Qi out of good intentions if he wanted to go public in the mainland, but Xiao Qi quickly rejected it.

In this year, companies that are profitable and profitable, unless they are large and medium-sized state-owned enterprises, will be listed in the mainland. Others who are a bit self-motivated will choose to list overseas, either in Hong Kong or New York.

Because the reputation of the entire Huaguo stock market has never been very good, the sole purpose of many companies going public is to make money. As for the operating conditions after listing, the pursuit of profits, etc., it is absolutely impossible to pay attention.

These are better, after all, they are not making money.

The most hateful thing is those good companies that make countless money. Many of them have never paid dividends to shareholders. This kind of behavior in the United States is punished with heavy fines and heavy fines. In China, they are used to it. and govern them.

Not to mention that Xiao Qi never intends to let the core company of the Fairy series go public, even if Xiao Qi plans to let the company go public, you say that in a stock market like this, can Xiao Qi get it listed here?

The company's core industry is not listed, which is the usual method of many large and small companies at home and abroad, especially the companies of some wealthy private families, who like to play this trick the most.

For example, Chow Sang Sang, who invited Li Shaozhi as the opening guest some time ago, has a Hong Kong stock market value of about 12 billion, but the real estate of many of their stores is not included in the company's assets, but is privately owned by the Zhou family.

If this part of the assets is included, I believe that Chow Sang Sang's controlling major shareholder, the Zhou family, will have no problem at all entering the top 20 in Hong Kong.

Another example is the former richest man in China of Gome Electric. In his hand, there are at least 300 Gome stores in the capital alone that have not been included in Gome’s listed assets. Hundreds of millions.

The most famous one is of course the Huo family in Hong Kong, the former richest man in Hong Kong who was famous as a red businessman, with hundreds of large and small properties in Hong Kong. But these are also just private property and are not disclosed to the public, so it has caused the Huo family to have only more than 30 billion property.

As a result, when the Huo family brothers were fighting for property in 2013, it was revealed that the Huo family actually held more than 67 billion Hong Kong dollars in property. This is not all, because many properties are privately held by the wife and children of the Huo family. In sum, there is no problem at all for the Huo family to rank among the top five in Hong Kong.

Europe, the United States, Japan, South Korea, and Hong Kong’s Baodao are all the same, so that core assets are not listed. Generally, there is only one purpose for doing so, which is reasonable tax avoidance and avoiding government and institutional supervision.

They usually appear in the form of foundations. For example, Li Chaoren has a "Li Family Fund" in it, and the Huo family also has a "Huo Xingyetang". Mr. Joe also has his own private trust fund, Bill Gates children's shoes, old Mr. Buffett...etc. They all do this, so that every time the members of the family regenerate, they don't have to consider the inheritance tax that is so expensive that people want to cry. Continue to maintain and develop the family business.

Do you understand?

As long as your property is in the form of a foundation and not in the name of any specific person, then it is an operating company and is not considered private property. Then you can reasonably avoid various taxes, monitoring, etc.

There is no doubt that Xiao Qi did the same.

Offshore company from the beginning. The "Xiao Family Fund" that has been planned up to now, as well as the private property for the wives of each house, are all working in this direction.

Of course, Hua Country has not yet levied inheritance tax. The main purpose of Xiao Qi is actually to make future generations undefeated and let them enjoy the wealth he created for as long as possible.

As for the business activities in the United States, Europe, Japan, South Korea and other places. Xiao Qi is doing everything possible to "legal tax avoidance". The high accounting firm fees and Mario's law firm fees, which exceed hundreds of millions of dollars each year, are to ensure that he pays as little tax as possible—handed over to these foreigners, Xiao Qi was very reluctant.

But in domestic business activities, not only has Xiao Qi never played this kind of "legal tax avoidance". Instead, many preferential policies have been avoided.

For example, Fairy Company enjoys 10% of the total profits of Dream Pad, but among the several holding companies of Dream Pad, Xiao Qi's offshore company in the International Financial District is not mentioned. Group, Green Pine Capital, Samsung, and Ellison's individual purchases can already be regarded as 100% joint ventures.

It stands to reason that the joint venture company has many preferential policies, including tax reduction and exemption, various electricity, water and gas consumption, etc. The cost reduction, accumulated, is not a small sum of money.

But when Jing Xuan asked Xiao Qi, except for the enjoyment policy within a reasonable range, Xiao Qi rejected the rest without thinking.

Fairy Company doesn't need to take advantage of these aspects at all.

Some people, even people in the company have said that you are a fool, the little boss. Other companies are not joint ventures. They have to find a foreign homeless person to name them in order to get preferential treatment. Our legitimate joint venture company, Why not take advantage of it?

Xiao Qi did not answer them, but in a conversation with Yu Shanshan, he still revealed his true considerations.

"If companies in a country have always been proud of evading their responsibilities and taking advantage of the country, then what cohesion is there in this country? When did you see Coca-Cola evading taxes in the United States? When did you see Microsoft doing business in the United States? Tax evasion in the United States? Taxes in Germany and France are frighteningly high, but have their companies migrated out of their home countries in large numbers? No!

This country does not belong to any one person, nor does it belong to others, but our own. Although it now has various defects and defects, it is undeniable that we are moving towards a better life step by step. If we don't do our part for the development of the country, how can the country develop? Does the country have to be forced to take all kinds of funds to improve people's livelihood and promote economic development from real estate?

If all of us can operate normally and pay taxes normally, then maybe the state and local governments will be richer and will reduce their dependence on land finance, thereby reducing housing prices and reducing everyone's burden. ...Although this idea may not be realistic, as long as there is this hope, I will work hard towards it. "(to be continued...)