The Tyrant Billionaire-Chapter 650 Cayman Islands Offers

Recently, Margaret received an invitation from Hardy.

The Cayman Islands project was now complete, and Hardy had extended invitations to members of the British royal family, including Princess Elizabeth, Princess Margaret, and other British nobles, to visit the islands.

As Elizabeth was occupied with official duties, she assigned Margaret to represent the royal family. Margaret, thrilled by the news, spent several nights eagerly anticipating Christmas and New Year’s, counting the days until she could reunite with Hardy in the Cayman Islands.

Her current emotions could be likened to a an apple, ready to be picked.

January 8th

The entire Cayman Islands were lit up with colorful decorations.

Everywhere was filled with a celebratory atmosphere.

8:08 PM

As a massive firework bloomed in the sky, the opening ceremony of the Cayman Islands officially began. Two warships fired a 36-gun salute.

First, Hardy took the stage for a speech, followed by vibrant and lively performances.

9:00 PM

People began moving around freely. Some rushed into the casinos, while others strolled down the luxurious shopping streets. Although there were just over ten thousand tourists on the island, most of them were either wealthy or influential.

Margaret met Hepburn, whom she liked very much, and took her shopping. If casinos were a man’s paradise, then shopping streets were undoubtedly for women.

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There were no troublesome people on the island, allowing everyone to fully enjoy this freedom.

Many people played all night, losing track of time.

11:00 PMPrincess Margaret discreetly got into a car that came to pick her up, and boarded Hardy’s large yacht at the dock, and the yacht set sail.

In the master bedroom, Princess Margaret lost herself to a single whisper of "darling."

The Next DayMany people didn’t wake up until noon.

Soon after, they received a notification.

That afternoon, at the island’s exhibition center, there would be an economic business showcase, inviting members of the business community to participate.

Hardy had a plan.

For these visitors, he didn’t just want them to play and spend money.

He wanted them to make money as well.

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Only then would people be reluctant to leave this place.

Inside the Economic Exhibition HallThe first seminar featured an economist explaining how offshore companies could help businesses with tax avoidance.

Hundreds of industry leaders, more than those at national-level economic summits, sat in the audience.

On stage, the middle-aged economist spoke confidently.

"Ladies and gentlemen, as accomplished business professionals, many of you may have encountered offshore companies. These entities are often used to structure international business operations in a way that minimizes tax liabilities—legally and within the bounds of the law."

"To illustrate, let me share an example," the economist said, drawing a triangular diagram on the blackboard.

Foreign Company → U.S. Company → Cayman Company

"Consider a scenario where a U.S. company purchases goods worth $1 million directly from a foreign supplier. In this case, the tax obligations are straightforward and applied to the full transaction. However, if the transaction is routed through an offshore company, such as one based in the Cayman Islands, the structure can result in significant tax savings. By adjusting the pricing and profit allocation, a portion of the earnings remains in the Cayman Islands, where it may be subject to little or no tax."

"This untaxed amount remains within your control. Additionally, the lower declared profits in the U.S. reduce corporate taxes, and potentially personal income taxes as well. Using such a structure, it’s possible to save over $200,000 in this example—legally."

Many in the audience were stunned.

It turned out this could be done.

And the most crucial part? It was entirely legal.

The economist emphasized, "This is just the simplest method of tax avoidance. There are many ways to avoid taxes."

"Cayman is currently the world’s only tax haven. There are no taxes of any kind here. Cayman companies can freely list in the U.S. and the U.K. without restrictions. The Cayman Islands also enforce confidentiality regulations favorable to international business companies."

"By registering a company in Cayman, you can bypass foreign exchange controls. Once the company is established, you can open offshore accounts, allowing free flow of foreign currency."

"Cayman has no personal income tax, corporate tax, inheritance tax, or trust tax. Registering a company is extremely convenient—you only need to pay a fixed opening fee and an annual management fee to operate a company here."

Many people began calculating in their minds.

If they relocated their companies to Cayman or opened branches here, how much money could their businesses save each year?

The numbers weren’t small.

At that moment, many were tempted.

In another exhibition hallAn economist was explaining how to set up a family trust fund.

"The family trust fund is crucial for a family. Many heirs are not qualified managers. How can you ensure they maintain long-term financial stability? A trust fund is the most viable solution, providing security for family members."

"The trust services offered by Wells Fargo in Cayman are managed by a professional economic team. These funds generate annual returns, ensuring the trust fund operates sustainably over the long term."

"Another key point is that once you set up a trust, any stocks you hold will be separated from you. If a divorce occurs during this period, you can avoid significant losses. If you personally hold stocks, you might have to give half to your spouse. However, if these are part of a family trust then no one gets a share."

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