Within 24 hours of his stay in Wales, Mr. Lin rode his motorcycle to Pembrokeshire's port and took a 2.30am ferry to Wexford, where his nominally "Cwmdoncin Capital" was registered in an office in Ireland's most important port city in the east.

Even though the name is in Welsh, for tax reasons, the controlling party of the asset entity, Lin Yilong, decided to place his domicile in Ireland in order to avoid capital gains tax and business tax. In addition to Ireland, in addition to the more traditional Netherlands and Luxembourg, as well as the very open Lion City and Xiangjiang, such tax havens also include many of the current British Overseas Territories, such as the Cayman Islands, the British Virgin Islands, Gibraltar, Bermuda, Malta and most importantly, the United Kingdom mainland.

In these common law countries, the partnership or company responsible for the asset trust does not disclose the name of the capital holder, and the regulator prefers to monitor these businesses directly rather than represent clients. For example, if China follows the common law system, take Hua Yan Bank, where Xu Zhenkun once worked, as an example: Hua Yan Bank is registered in the Cayman Islands, its actual place of operation is in Yanjing, and all kinds of financial activities on the Pujiang Stock Exchange and the Pujiang Commodity Exchange are governed by Pujiang law; however, the distribution of the principal and profits of its custody funds is not within the scope of review by the domestic regulatory authorities, but falls under the jurisdiction of the laws of the Cayman Islands. For these institutions, ordinary "huge" funding is not a problem at all. As long as it is not from the so-called "illegal source", there is naturally no regulator involved.

(The author complains and inserts: The leaked information of a certain Central American isthmus country in the past few years is about the personal information and correspondence of the actual capital gainers of these funds in tax havens such as the Cayman Islands.) As for the allocation of funds to the entities that manage those capitals, there is no problem. [Note])

Therefore, Lin Yilong's non-personal consumption or various expenditures during commercial activities cannot be directly traced back to him. Instead, it was traced back to the fixed expense account of the trust fund. Lin Yilong divided the categories of expenditure for some activities in a very detailed manner, such as the "loan" expenses and subsequent income provided to Xu Zhenkun through the Middlesex Bank, which went into the fund expenditure account, and the air tickets between Yanjing and London that week and Xu Zhenkun ate and drank with Xu Zhenkun as the expenditure account of his law firm – which may be attributed to the habit he had developed in the big law firms in London. In general, unless it is really a Rex or Regina level that goes through every miscellaneous expense, there is no way to find out with great precision. It is very normal for financial enterprises registered abroad to transfer large funds, and even if some funds are not transferred normally, they cannot be stopped because they are legal until complete evidence is available.

By way of comparison, some of the Cardiff-like gangsters who use spinach and ATMs for financial circulation are simply too low-level.

"Hi Yilong. In a rented office in downtown Wexford, Mr. Lin's former landlord, Miss Mullen, hugged him.

The office is located on the second floor of a café in Wexford's business district, consisting of a reception desk and reception room. Needless to say, this place, like Lin Yilong's law firm, is a nominal place of registration. There is only one front desk in the entire company that manages important mail and handles phone calls – the company does not have to deal with important items related to its operations here, and contracts such as employment declarations do not need to be reported to the Irish labour authorities, as long as you rent such a contact address, you can do business.

Although it is Miss Mu Lun, Lin Yilong, the former landlord, has reached the age of 59, which is similar to Lin's father and Lin's mother. In the eighties and nineties, Miss Mullen ran a travel agency in London to provide business travel arrangements for clients, but was forced to quit her job and leave London because of domestic violence. Miss Mullen then ran a hotel on the coast of Membles in West Gramorganshire, and married again, but unfortunately her second husband died of a heart attack two years after the marriage. A somewhat disheartened Miss Mullen cashed out the hotel and immediately began to find homestay jobs for international students—Miss Mullen also "accommodated" some international students in her own home, and Lin Yilong was one of them.

Although the relationship between the two is only that of a tenant and a landlord, Lin Yilong, as a law student, "volunteered" to help Miss Mullen solve many annoying problems, and gradually established a very deep trust between the two, which is at least much stronger than that of Mrs. Warren when Lin Yilong was in London. Even after Lin Yilong moved to London, the two would call each other to greet each other on birthdays and holidays. When Lin Yilong thought that when he wanted to register a business entity in Ireland, he needed to have a special secretary role, so he thought of this Irishman born in Galway. Miss Mooning, who lost her job in Cardiff last year after a mistake, accepted Lin's offer to sit in his office in Wexford every day for £25,000 and drink tea and watch television.

"Where are you from?" asked Mullen.

"At sea!" Lin Yilong replied, "I hope you are doing well here." ”

"It's quite pure to stay away from everything, but it's a little lonely. Miss Mullen said, "What are you going to do in Ireland this time?"

"I now want to change the nature of our company from a closed trust to a private trust, no longer accept external inquiries and capital entry, and keep one acre and three points of land. Lin Yilong said, "I came here to change the registration and seal the signature." ”

"Do you need to go to Duberlyn?" asked Miss Mullen, "I remember, your agency is there. ”

"No, we made an appointment at 10 o'clock at a nearby coffee shop, just sign it. Lin Yilong said.

"Why don't you put the meeting here?" asked Miss Mullen.

"Doesn't it hinder you here?" Lin Yilong asked rhetorically.

"Not at all. Miss Mullen replied, "But I have some questions, what is a 'closed trust turned into a private trust'?"

"It's complicated to explain. "It is to change the shareholder governance and business scope in the company's articles of association from a company that provides financial advice to others to a ......"

"I don't understand at all, but summarize it in simple English. "Miss Mullen

"Well, probably, we don't have any other 'bosses' in the future, and the business has changed from a partnership that is responsible for the assets of all partners to a business that is responsible for the assets of one person and one family. Lin Yilong said, "It is those companies that specialize in providing simple advice on family wealth." ”

"Whose family?" asked Miss Mullen.

"Mine. ”