Hardy Empire 1945 - Vol 2 Chapter 409: : Cayman’s real money is not casinos
January 8.
The entire Cayman Island is lit up with lights.
There is a festive atmosphere everywhere.
It’s 8:08 in the evening.
With a huge firework blooming in the sky, the opening ceremony of Cayman Island officially began. Two battleships fired 36 gun salutes.
First, Hardy took the stage to speak, followed by a lively performance.
9 o’clock.
People started to move around freely. Some rushed into the casino, some walked into the luxury shopping street. Although there were only more than 10,000 tourists on the island, most of these people were either rich or expensive.
Margaret met Hepburn. She liked Hepburn very much and took her to go shopping. If the casino belongs to men, then the shopping street belongs to women.
There are no messy people on the island, and people can fully enjoy this freedom.
Many people play all night long, forgetting the time.
11 o’clock in the evening.
Princess Margaret sneaked into a car that came to pick her up, and boarded Hardy’s big yacht at the pier, and the yacht went out to sea.
In the master bedroom,
Princess Margaret lost herself in a cry of baby.
……
The next day.
Many people only get up at noon.
Then received a notice.
In the afternoon, at the exhibition center on the island, there was an economic and business exhibition, and business people were invited to participate.
Hardy already wanted,
These people here,
Let them not only spend money on games,
You can also make money.
Only in this way can people linger here.
In the economic exhibition hall, the first lecture in the exhibition hall was an economist who told the people who came over how the tax avoidance policies of offshore companies would help enterprises.
There were hundreds of bigwigs from various industries sitting in the audience, more bigwigs than those who went to hold a national-level annual economic meeting.
On stage,
Middle-aged economists talk freely.
“You are all business elites and have achieved certain results in certain areas. I don’t know if you have ever contacted the company that left the case. The company that left the case can allow your overseas business to avoid tax reasonably. Please note that this tax avoidance policy is completely legal. ”
“Let me give you an example first, so that everyone can understand how to operate more intuitively,” said the economist and drew a triangle on the blackboard.
Foreign companies, American companies, Cayman companies.
If the United States orders 1 million US dollars of goods, if a foreign company is used to directly export to the United States, what is the tax rate? Man.
The money still belongs to you, but there is no need to pay taxes on this money, because the price is lower, the tax rate in the United States is also lower, and your personal income tax is also lower. If you calculate it as a whole, you can save more than 20 ten thousand.
Many people were shocked.
It turned out to be able to do this.
The most important thing is that this is completely legal.
The economist said loudly: “This is just the easiest way to avoid taxation. There are many places where you can avoid taxation.”
“Cayman is now the only tax haven in the world. There is no tax here. Cayman companies can be listed freely in the United States and the United Kingdom without any restrictions. Cayman imposes confidentiality regulations for international business companies.”
“Registering a company in Cayman can circumvent foreign exchange control. After the company is registered, you can open an offshore account and you can receive foreign exchange freely.”
“Cayman has no personal income tax, no corporate tax, no inheritance tax, no trust tax. It is very convenient to register a company. You only need to pay a fixed account opening fee and pay a certain annual management fee to start a company.”
Many people are thinking about it.
If you relocate your company to Cayman, or open some branches here, how much money will be saved for the company every year.
This is by no means a small number.
at this moment,
Many people are moved.
……
In another showroom.
An economist is telling how to handle a family trust fund.
“Family trust funds are very important to a family. Many heirs are not qualified managers. How can they maintain a long and prosperous life? Trust funds are the most feasible way to give family members a guarantee.”
“The trust business of Wells Fargo Bank in Cayman is managed by a professional economic team, which generates income every year and can keep the family trust fund running for a long time.”
“Another point is that if after you handle the trust, the stocks you hold will be separated from you. If a marriage change occurs during this period, then you will reduce a large amount of loss. If you hold the stocks as an individual , Then half of the distribution needs to be distributed to the wife, but if it exists as a family trust, it would be embarrassing and will not be distributed to anyone.”
……
The third exhibition hall.
Some banks, especially Wells Fargo Bank exhibited foreign cooperation projects, investment projects, and some business owners, who usually only pay attention to their own three-acre land, and the concept of investment is very vague. Now the bank can help you, professionally and reasonably Resource allocation.
For example, some celebrities,
Because they are famous, they may make millions of dollars. This money is not a small figure in the United States today, but they don’t know anything about investment.
Cayman can help you invest.
In fact, Bank of America has always been helping to invest in this business, but Cayman offers to invest globally, with a broader business scope.
Cayman’s investment projects include investment projects in more than a dozen countries and regions, including Italy, the United Kingdom, France, Denmark, the Netherlands, Japan, Hong Kong, Penang, Malacca, and Singapore, totaling more than 300.
Many people left the exhibition hall.
Still discussing financial investment issues with friends.
At this time someone said: “I saw a quotation sheet for the annual fee of the Cayman membership card. It is 15,000 per year. The price is not low.”
Someone next to him said: “The price is not low, but I believe that more people will be willing to become members of Cayman. Not only can you play here, but it can also help us make money. In the future, it will become a club for the rich in the world. 15,000 is not expensive.”
“Indeed, it is a huge resource to gather so many rich people, politicians, and celebrities. Even if you can get a little resource in this resource pool, it is enough to make a lot of money.”
Someone next to you did a calculation,
Then he was surprised:
“If there are 10,000 members in Cayman, my goodness, then you can receive 150 million U.S. dollars every year, and I feel that it is definitely more than 10,000. If there are 100,000 members, it is 1.5 billion.”
I don’t know,
This is really an amazing number.
Even if some gift cards are eliminated, such as the president, congressman, politician, and top consortium patrons, they only charge the second-tier rich membership dues, which is an astronomical amount.
How much does the casino earn.
What is tax-free shopping?
They found that membership fees are the most profitable place for Hardy.
……
After the official opening of Cayman Island, although a large number of guests left after three days, there are still thousands of people here every day.
Thousands of people,
The service enjoyed is more complete.
And during this period.
The number of companies opening on Cayman Island is increasing, and people have discovered the benefits of offshore companies. Naturally, some companies will not give up their profits in vain.
Hardy left Cayman Island. After spending a few days in the United States, he flew to the United Kingdom by plane to accept the ceremony of the Viscount.
The British royal family conducts a canonization ceremony every year.
The last time he canonized the Governor of Cayman separately for Hadi was a temporary canonization, and a separate ceremony was held. This time, he was awarded the Governor of Penang and Malacca ~www.mtlnovel.com~ to be awarded the title of Viscount, so I was not so anxious, so it was arranged in the normal canonization ceremony. .
Hardy is not the only person who canonized this time, there are more than twenty people in total.
Among the highest ranks, one inherited the family duke title, and two inherited the earl title. There are three viscounts, except for Hardy, the other two are all British cabinet ministers.
The canonization ceremony is very grand.
Hardy has already passed through the first volume once, and it is considered a familiar road, but this time it is not canonized by George VI, because he is already dying. In history, this person will die of cancer in a few months, so this time the canonized person is Crown Prince Elizabeth.
Princess Elizabeth put the sword on Hardy’s shoulder.
Hardy read the oath.
From now on he has become a British hereditary viscount, and granted the fiefs of Penang and Malacca.
Although it is only a formality, it also established Hadi’s legal status to Penang and Malacca, and sometimes the name is very important.