How can I justify myself as a Magnate if I don't indulge myself? Chapter 293 - 143 Creating IDE Capital3

"Mr. Fu, these two are the business managers from Pymon Agency Company."

The two n quickly greeted Fu Songyang, who was sitting in front of the desk...

Fu Songyang pointed at Gu Heng with his chin and said, "There, the one you’re handling things for is here."

Without paying further attention to them, he turned directly to Gu Heng and said, "Gu Heng, just sit on the sofa and talk to them. I’ll be here to help you listen; these agency types are each more of a rip-off than the last."

With no respect for the two agents from the agency company, Fu Songyang openly disparaged them...

And the two, one fat and one thin, could only smile awkwardly, then followed Gu Heng to the couch.

"Mr. Gu, we were inford that you want to register a financial investnt company, is that correct?"

Sitting on the sofa, after briefly flattering Gu Heng, the business manager directly asked his question.

"Yes."

"Then may I ask if you have any requirents for the company’s qualifications?"

"Tell about it."

Gu Heng was completely clueless. How would he know about any qualification requirents?

"If you only need a financial investnt company that has dostic investnt qualifications, it’s very simple. Our company charges a unified price of 70,000 RMB, including a legal representative. These legal representatives are professional debtors hired by our company, so even if your company runs into any civil or criminal issues later on, you don’t need to worry; we will take care of them for you."

Listening to their introduction, Gu Heng almost felt like using the company they offered to register to start a pyramid sche...

"What else?"

"The other is an international financial investnt company with ODI qualification, which is a bit more expensive at 350,000."

The price suddenly increased fivefold, prompting Gu Heng to ask, "Why is there such a big difference?"

The skinny one started to reply, but the fat one rushed to explain, "The costs required are much higher. To obtain ODI qualification, a company generally needs to be over three years old, but the ti cost is not actually the main issue. To apply for ODI, you also need to provide financial statents, shareholder backgrounds, sources of funds, investnt authenticity, and so on, so it’s quite troubleso.

These kinds of companies are generally in it for the long haul, which is why the price is a lot higher.

The 350,000 price tag is not steep; if you were to get a quote elsewhere, it would be quite normal to see prices as high as 600,000."

Gu Heng didn’t completely trust their words but looked towards Fu Songyang, who was not far away. Fu Songyang nodded, indicating that what they said was true...

With that in mind, Gu Heng said directly, "Then help set up a company with ODI qualification."

Upon hearing Gu Heng’s words, the mouths of the two n instantly curled into smiles...

Commissions in the bag...

However, the next second, the fat one spoke again, "Does Mr. Gu have any specific requirents for the place of registration? It’s 350,000 for registration within Hua Country, 400,000 for Hong Kong Island, and 1.2 million for the Cayman Islands."

Gu Heng: "???"

That’s still okay...

So, this is an upsell, huh?

"What’s the difference?"

"There’s no significant difference in specifics, but there are distinct tax benefits. The Cayman Islands are acknowledged for their low taxes. For major dostic companies, apart from Huawei based in Shenzhen, big internet companies like Tencent use cross-holding through Cayman-registered companies for legitimate tax avoidance."

Upon hearing this, Gu Heng lost interest and said directly, "Just arrange a dostic registration for ."

Compared to tax avoidance, Gu Heng wasn’t interested.

He wasn’t setting up the company to make money but to make performing future tasks more convenient for himself and to raise his social status incidentally.

The rewards from the system were already enough for him to spend, so why bother with these flashy sches? Experience new tales on .Côm

Setting aside whether his company would make money, even if it did and fortune smiled upon him in the future, Gu Heng would still feel content paying his taxes.

Living off this land and protected by it, wasn’t paying taxes to the governnt a matter of course?

Watching their commission slip away, the two exchanged glances and continued, "Since Mr. Gu has no specific requirents for the registration location, that makes it easy. We can change the company shares this afternoon.

You don’t need to be there in person; we can handle it for you. You just need to tell us the company na you’ve prepared."

"The registered capital is previously 100,000 RMB; Mr. Gu, you will need to increase the registered capital. The amount is set according to your standard for the company, starting from a minimum of 100,000 with no upper limit.

"However, I should remind you that we had to make ours a paid-in capital to better secure the ODI qualification. Once you increase the registered capital, you will need to have it audited and reported by the financial authorities within three months."

Gu Heng nodded.

He seriously planned to start a company, so for him, the difference between paid-in and subscribed capital was insignificant; paid-in might even be more convenient.

Seeing Gu Heng nod, the skinny man promptly took out a pen and paper: "Mr. Gu, please tell the new company na and the increased registered capital. Our colleagues are waiting at the Industrial and Comrcial Bureau, and it can be managed in no more than 20 minutes. Afterwards, you just have to sign a company transfer contract."

"As for the company na..."

"Just call it INDULAE Capital Managent Limited, IDE Capital for short."

Gu Heng had racked his brains for days to co up with this company na. Although it was sowhat influenced by IDG Capital, at the very least, it had an air of prestige...

"Mr. Gu, that company na is grand! How much did you plan to change the registered capital to?"

"3 billion RMB."

"Okay, then."

The skinny man began to write but soon realized sothing was amiss. When he reached the third zero, he looked up at Gu Heng with wide eyes and exclaid, "3 billion?!"

Not just them, even Fu Songyang and Jiang Wen, who were sitting at the desk, turned to look.

"Mr. Gu, shall I repeat what I just ntioned to you? The increased registered capital within three months..."

Before he finished, Gu Heng cut him off, "I know, it needs to be audited within three months, right? Just do it as I said."

"If the paid-in capital isn’t in place within that tifra, we wouldn’t be responsible for any issues that might arise with the company..."

"I know, just go ahead and handle it as I told you."

With the situation clarified to that extent, the two didn’t say more and asked their colleague waiting at the Industrial and Comrcial Bureau to update the company status...