How can I justify myself as a Magnate if I don't indulge myself?-Chapter 293 - 143 Creating IDE Capital_3

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

The two men 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 informed that you want to register a financial investment 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 requirements for the company’s qualifications?"

"Tell me about it."

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

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"If you only need a financial investment company that has domestic investment 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 scheme...

"What else?"

"The other is an international financial investment 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 time cost is not actually the main issue. To apply for ODI, you also need to provide financial statements, shareholder backgrounds, sources of funds, investment authenticity, and so on, so it’s quite troublesome.

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 me set up a company with ODI qualification."

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

Commissions in the bag...

However, the next second, the fat one spoke again, "Does Mr. Gu have any specific requirements 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 domestic 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 domestic registration for me."

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 schemes? Experience new tales on novelbuddy

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 government a matter of course?

Watching their commission slip away, the two exchanged glances and continued, "Since Mr. Gu has no specific requirements 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 name 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 me the new company name and the increased registered capital. Our colleagues are waiting at the Industrial and Commercial 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 name..."

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

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

"Mr. Gu, that company name 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 something was amiss. When he reached the third zero, he looked up at Gu Heng with wide eyes and exclaimed, "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 mentioned 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 timeframe, 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 Commercial Bureau to update the company status...