Registered overseas company success stories _ ruifeng Deyong

Development of overseas trade Shenzhen Mr. Chen has been supplying to Hong Kong: manufacturers, manufacturers sometimes use Hong Kong Bank check to pay the purchase price. Mr. Chen has not solved the security problem and direct billing. Subsequently, Mr. Chen was the company established in Hong Kong and opening a bank credit, cheques, foreign currency and credit accounts, solves the problem of long-term receivables. Miss: Hefei du long engaged in international trade, in one case, a France chemical raw materials suppliers do not and the Agency, be sure to check her delegates and Hong Kong companies generation of credit contracts, company credit, payment in a timely manner. Because of this business is a long-term, Miss also had to do in Hong Kong establishment company, before the customer guarantees. Enhance the corporate image of Jiangsu Zhang for domestic a clothing factory factory, for many years the plant has been to many international famous clothing company processing production. However depend on the processing of international brand acquired only a modest profit, he always wanted to be able to create an international brand of its own in the hope that the future can bring their brand into the international market. Later, Mr. Zhang in its business investment adviser's suggestion to establish a clothing company and applied for a trademark in Hong Kong to authorized forms of domestic production, and their apparel production of not only export to the United States, Europe and also into the domestic various major shopping malls counters. By virtue of the garment's international reputation, and the excellent quality of its products, and soon in China and overseas occupies its own market space, the enterprise image taken good promotion, revenue also increased significantly. Overseas success listing Sina and NetEase, jindie, brilliance, Eurasian agricultural, yuxin ... ... These people are familiar with the brand, in fact, not only of the "China brand", the company as a whole or a part of the registration in Bermuda, the Cayman, Virgin, that is, they can at best be "mixed". China offshore registered companies abound, even the most recent is the air waves of Zhou zhengyi, its new Nong Kai also ranked among them. Let us look back at the China Enterprise disembark registered overseas listing success stories: 1992, 9 October, China in the New York Stock Exchange listing of the first stock is "brilliance", its company name to brilliance China Automotive Holdings Ltd., June 1992 registered in Bermuda; the beginning of 1999, the Singapore Stock Exchange has a new face "Eagle Holdings", registered in the Cayman Islands, the company behind it-Guangdong Foshan ceramic company Eagle, became the first in the overseas going on the market of Chinese private enterprises; in 1995, Huizhou qiaoxing through its original Hong Kong registered company incorporated in the British Virgin Islands "Qiao XING universal", to cosun global name repurchase cosun group 90 per cent of the shares, then to 17 February 1999 in the United States NASDAQ, became the first NASDAQ Chinese private enterprises; 31 January 2000, registered in Bermuda yuxing computer technology Holdings Limited in Hong Kong gem was listed on the first mainland enterprises, fund-raising 4.2 billion. These companies not only for the purpose of the listing, and set up offshore company, you can also set up offshore account to avoid foreign exchange controls, facilitate trade finance transactions. Shanghai international credit and finance, Mr. Wang has been engaged in the import of chemical raw materials from Russia and then export to domestic enterprises in business, but that he was worried that the domestic enterprise payments generally implement deposit first (approximately 30 per cent of the total purchase price), and Mr. Wang import of chemical raw materials from abroad, foreign companies generally implement the whole paragraph to before shipping. This causes the Wang can't check too large amount of the import contract, otherwise do foreign exchange turnover, Mr. Wang has tried and domestic own bank to apply for a credit limit, but the procedure is very complex, and General small company is very difficult to apply. Later, Mr. Wang Mr. Lee in his friend's suggestion to register a company and open a bank account in Hong Kong, and soon in the Bank an application for a smooth certain lines of credit, bank credit, so he could check the larger import contract, money can flow. Foreign Bank to apply for a credit limit of relatively simple procedure, in a start-up enterprise by bank credit can get more funding to help organizations rapidly over a short period of time. Accelerated capital operation Beijing General recently because of some small problem was almost lost a big sale. Things reasons is because the total domestic buyers Chen recently a group of eager to import oil fittings, domestic manufacturers promise Chen total lead to the purchase price paid to Chen 's, but requires 30 days to arrival. But the problem is in the same general Chan domestic bank requirements must provide a bill of lading and purchase invoices, and shipping documents to the General CHAN to seller (a company of Italy) payment, however Italy this company is required to be paid to the delivery. Later I heard that Chen total banking does not need to declare that no foreign exchange controls, later he borrowed his Hong Kong a friend's bank account, in advance to the money paid to Italy, the seller delivers goods immediately after receipt of payment, this will make sure that the goods within 30 days to the domestic manufacturers. Chen total therefore registered companies and take advantage of Hong Kong's account number to sign a lot of import contract, business to get bigger and bigger. Utilization of foreign banks do not need to declare that there is no exchange control advantages, to accelerate enterprise funds. Evasion of income tax Mr.Qin is foreign financial institutions senior employees recently due to its excellent performance, also rose by one-third of the salary. Although pay rises, but he was as heavy as bear tax, uneasy. Later he had followed the recommendations of the business investment consulting, set up a home overseas employment Corporation to employment company came forward to employ their own, thus, a lot of taxes! how such international employment companies or overseas employment Corporation operates so as to produce such a magical effect? overseas employment Corporation surface may seem complex, the truth is actually very simple. First of all, Mr. Qin setting up an overseas employment Corporation to employment on behalf of the company and their effectiveness of the International Finance Corporation signed a contract to provide human resources services. In General, through professional independent international employment company as intermediary, hiring senior positions is affected by certain officials, international agencies. First, you can dispense with some overly harsh and unreasonable to hireDomestic regulation restrictions, such as certain pension system. Second, to avoid welfare spending, and Mr. Qin can logically to employ staff who worked for the Agency's financial institutions, on the one hand his wages and benefits can freely design combinations, such as reducing the taxable part of wages, increased tax-free staff welfare section as housing allowance, or even Vacation villas and transport cars, etc, this can reduce the taxable income, while employment companies operating profit is derived from the outside, so you can further duty-free. In this way for the international financial institutions and employees Mr. Qin, is a "win-win" situation. Of course Mr. Qin must be carefully study clearly, at the expense of company benefits and savings tax benefit is a balance or the proceeds of that programme. By calculation, establishment of overseas employment Corporation benefits include: 1, Mr. Qin duty payable from 10 million to a million; 2, held by Mr. Qin's overseas employment Corporation 3 million profit in the case of foreign income, are not required to pay income tax on domestic and local; 3, employment company and employees can be very flexible. Employment companies even with Mr. Qin's prior agreement to pay prescribed a part of a day in the future, this will only serve the purpose of delaying taxation; 4, overseas employment Corporation information confidential, Mr. Qin does not have identity embarrassing problems; 5, even small and medium-sized company boss, will "employment agency" self employment, to reduce the tax burden; 6, some countries may provide preferential tax system to the local work of overseas staff, overseas employment Corporation choose to set up local, entitled to such benefits; 7, Mr. Qin from and company profits can left on the outside, a more flexible funding highly. Avoid property disputes and the estate tax Zhang after years of accumulation, my name is quite huge family. He was afraid that after his departure from this world, his relatives of children for the sake of property disputes. After consultation, Mr. Zhang use offshore companies holding controlled most of the assets and the assets to A and b shares to distinguish. This will transfer the registration free of heritage, but also can avoid conflicts, then A and b shares what? shares of generally fall into three categories: the first type is a control, such as the right to vote and the right to appoint the members of the Board of Directors; the second category is the company with surplus dividends dividends allocated; the third company in the event of liquidation of the assets allocated assets the entitlement. As long as the company's Charter (M & A) clearly A unit and B unit in different rights; for example, A unit of the enjoyment of all rights (held by Mr. Zhang), b share only bonus right (by other children). The other set out A shareholder living, b share no control; and A share in what circumstances will automatically be subtracted; e.g. shareholders passed away. So when: 1, Mr. Zhang or shareholders, holders of b shares for their children and friends will not be able to sell the company or Division; reason is the lack of control B shares. 2, Mr. Zhang and interests in the event of death, is automatically transferred to the hands of children. This is the normal operation of the company, not as personal heritage, besides A share interest has tapers at the b share rights entered into force, does not involve the transfer of shares. VTech in Hong Kong, China; Beijing, Shanghai, Shenzhen, Hangzhou, Nanjing, Qingdao, Dalian, Xiamen, Shenzhen 16 cities and more than 30 countries around the world there are representative offices and branch offices, provide the customer with business financial management, international trade and investment between the best option. Welcome to contact us! ruifeng official website: http://www.rf.hk incorporation: http://www.hkrr.org Hong Kong ruifeng accounting firm Advisory hotline: 400-880-8098 ruifeng Deyong (Xiamen) business consulting co., Ltd. Xiamen Hubin South Road 90, Lixin square 12, 1211 contact: yan Miss Tel: 0592- QQ: 3299299 840295672 fax: 0592-3299199 xmrichful@163.com