You have to pay taxes when you return to your place of registration, so this is double taxation. In order to promote globalization, China will also charge less.
Basically, the dividend tax is 10% in mainland China, but for Hong Kong, China only charges 5%. Therefore, Zhao Shuying has been using Yishi Investment Company registered in Hong Kong to control Yiyuan Manufacturing and all its subordinate companies in recent years.
This ensures that all shareholders only need to pay a 5% dividend tax on their dividends. As for some emergency borrowings in the later period, Zhao Shuying basically added US dollar bonds issued abroad and RMB bonds issued domestically.
Almost all Ji Donglai's money was used, and it was lent to the company at an interest rate of 8.0%, so Ji Donglai was able to get very high dividends from the head office every year.
This is exactly the same as many super bosses in China. In order to obtain more personal income, the head offices of these companies are all in Cayman without exception.
For example, a certain raw juice is a company in the Cayman Islands.
The other party's approach was exactly the same as Zhao Shuying's. If someone said that Ji Donglai's approach was more alternative, then a certain original juice was outrageous.
Because the debt you originally issued was US dollar debt, and the company went bankrupt, the company first had to repay the debts of its creditors, that is, the debts of the company's chairman.
For this part of the money, if the chairman applies for execution overseas, the overseas guarantee bank will compensate the chairman.
The media reported that a certain source was bankrupt, but in fact the chairman was not bankrupt. This is a typical company practice that makes the temple poor and the monk rich.
In response to this approach, if the economy does not want globalization, it can simply get rid of the company. If it wants globalization, it can only turn a blind eye. After all, this company is still serving as a local Responsibility for feeding the people.
Now the money goes into Yishi Investment through various channels, then into Yiyuan Manufacturing, and then into Dahe Real Estate.
In the past few years, when Yu Dahe had nothing to do, he had been hoarding land or houses in old communities in accordance with Ji Donglai's request. Now that he had received Jiang Haokun's order, the entire company was ready to move.
A huge amount of money entered Dahe Real Estate, and half of the hundreds of real estate projects in Dahe Real Estate across the country began to be listed and started construction. Then everyone under Gu Qin came on stage.
"Isn't that right, my dear? Why is the price of this real estate so high right after the excavation started? Didn't you make a mistake?"
At the sales office of a certain real estate project in Hangzhou, a group of salespeople under Gu Qin began to sell hard.
The price of the off-plan house was listed directly at 11,500 yuan, and one year's property fee was free.
Many people who come to see the house feel incredible when looking at the price, especially some retired elderly people. Looking at the renderings and models, and then looking at the surrounding facilities, they always feel that it is a bit expensive.
"Auntie, you think it's expensive. In fact, I think it's expensive too. But you have to know that house prices are rising rapidly. The price you buy now is still the same, and it will still rise when the construction is halfway through. Then the price of the existing house will increase. It will still be higher, haven’t you noticed that the prices of surrounding buildings have increased?”
"Now that the stock market is not doing well, it is better to invest in stocks than to invest directly in real estate. The house price can last at least ten years. If you sell it in three to five years, it will at least double the value, and you can rent it out during the period."
"Look at how convenient the transportation is here and there. Besides, there are schools there. People who will rent houses in the future will definitely like it. We are all sensible people, and we must pay attention to the room for appreciation when investing. Have you seen that uncle over there? He's a The key account manager is talking to my manager about a large flat floor and they need to get through it."
"That young couple over there, don't look inconspicuous, they have already bought two sets. When I came here two days ago, the transaction was 10,000, and the price has increased again today. I am not complaining to you, but I just don't have the money. If I have money, I’ll buy a set here too.”
Holding the flyer, Gu Qin's men gave full play to their sales talents, and people continued to enter the sales office to sign contracts, almost all of which were loan sales.
Because Dahe Real Estate is a listed company, several banks have directly set up sales offices to handle business here. Therefore, as long as the home buyer's credit report is qualified, the amount will be disbursed soon.
Part of this amount is directly saved in the bank and returned to the country for land fees and various taxes. The remaining half is the operating cost of Dahe Real Estate plus profits.
This time, Zhao Shuying directly used the land that had not yet been built as collateral, borrowed money from the bank, and coupled with the US dollar debt, the real estate project was operating at almost full capacity.
Almost as Ji Donglai expected, in 2011, the entire real estate industry began to take off.
Land kings continue to appear, and house prices in first-tier and second-tier cities are soaring. Many people are ready to wait for house prices to drop. At this time, factories are regretting their success.
""Snail House" is right, when will the housing prices come down? Look at the rising housing prices, what the hell..."
Faced with rising housing prices, many people have begun to complain, especially young people. After looking at several properties from Dahe Real Estate, I found that the property I looked at for the first time was in line with my expectations. When I came back, I found that the housing prices had risen again.
The most important thing is that all the previous small apartments have been sold out, leaving only those with an area of more than 90 square meters, which even a small couple cannot afford.
“This is the price of this property!”
While the home buyers were still discussing the price with the salesperson, Jiang Haokun sent a price list to Yu Dahe. Yu Dahe was shocked and took off his glasses, feeling that he had seen it wrong.
"Mr. Jiang, is the price a bit high? We have investigated and found that the flow of people here is not that large..."
Jiang Haokun pointed to a real estate near Shanghai and directly gave a quote of 20,000 yuan. Yu Dahe was a little unbelievable.
"We originally built the second phase of the supermarket here, but this time we built it together. In addition, we are doing the supermarket ourselves this time, so we don't rely on outsiders. They are making a lot of money, but it is difficult for us to manage it."
"With this large supermarket, the flow of people and transportation will become more convenient, and it can also increase the group's revenue. Don't worry about the price. As long as young people see this layout, they will like it."
Jiang Haokun stared at the layout of another monitor, his eyes bursting with unprecedented confidence.
"Mr. Jiang, is it appropriate for us to do this ourselves..."
Hearing that Jiang Haokun wanted to take Shang Chao back, Yu Dahe felt unhappy. After all, we have already had several rounds of talks with those large supermarkets. The other parties are bringing traffic, and we are providing convenience.
The relationship between the two parties can be mutually beneficial. Of course, this also involves the interests of many of his employees. If Jiang Haokun takes it back directly, many of his plans will not be implemented.
(End of chapter)
