Chapter 200: Alliance of Interests
At the end of 1641, the total amount of all kinds of goods exported by Australia has exceeded 500 batches of ships, and the one-way sales of Australian denim alone exceeded 300,000 yuan, making it the second largest export industry of glass products such as mirrors.
Today, Yang Wenwen garment factory not only has a local garment manufacturing factory, but also invested in the construction of a textile mill and a cloth dyeing and weaving factory in Hong Kong, according to conservative estimates, it will be mass-produced in March next year.
In addition to the sudden emergence of Yang Wenwen's garment factory, other local manufacturing industries have also sprung up, and more than two dozen private and state-owned factories are now opened in the industrial park not far from Manchester City.
Although it cannot be compared with the two major exporters in terms of profitability, their sales in China are extremely hot, and it is not surprising that they will also consider promoting their products abroad to the world.
For companies and enterprises that invest abroad to build factories, the government has clear regulations that if the production technology and the company legal person are registered in Australia, they must pay the same amount of taxes to the Australian government.
Because Daming has not yet implemented the company law system, these overseas cooperative companies can only be registered locally.
For this reason, people and companies who want to avoid tax burdens have to protest, originally this matter and Yang Wenwen did not care much, the construction of a factory in Hong Kong is just to provide an opportunity for the Ministry of Foreign Trade to cooperate with Ming businessmen.
For her, where to build a factory is actually the same, for reasonable tax avoidance has never been thought about, but not long ago the boss of Mingao Trading Company Chen Wenze found her, talked about the situation of the two companies, and gave an example, although everyone is registered in Australia, but according to the law of Hong Kong lease, as long as there is an office in the local area, you need to pay tax.
In this way, it is equivalent to the company paying double taxes at the same time, which may not be anything to Yang Wenwen Clothing Company, which is now wealthy, and it should be regarded as an infrastructure fund donated to the local government, but Chen Wenze doesn't think so.
If you pay taxes in Hong Kong and return to China to pay taxes, this profit is not directly to lose a lot, for a small company like him that has just been established for a short time, the support for every expense is very strict, not to mention that this kind of obvious snatching from his mouth makes him feel dissatisfied.
For this reason, he privately contacted Yang Wenwen, Zhou Billy, Cao Xiaoming and other entrepreneurs who invested and set up factories in Hong Kong, no one knew what they were doing when they met in private, but it was not difficult to guess that they must have gathered together to discuss investment in Hong Kong.
Chen Wenze's trading company is mainly engaged in some specialties of Daming, as well as antiques, calligraphy and paintings, etc., opened for more than half a year, the business is not too good, but it can barely make a living.
I invited a few entrepreneurs who are engaged in industry to come and agree with them on how to reasonably avoid taxes.
The term tax avoidance is not unfamiliar to everyone, and many people have heard it before.
Although Billy Zhou, Yang Wenwen and others invested in the construction of factories in Hong Kong, they did not start to produce profits, so they have not been focusing on this, until Chen Wenze found them, they remembered that something seemed wrong.
Everyone who came out of state-owned enterprises to work alone wanted to be private capitalists, especially Zhou Billy and others, but they were inspired to become a big capitalist.
It's good not to exploit others, but now I find myself being exploited by others, how can I bear it.
"Brother Zhou, this matter must be fought for in our legitimate rights and interests, what does the city's infrastructure have to do with us, isn't it just to make money when we start a business." Chen Wenze said to Zhou Billy with a dissatisfied expression.
Because he saw that among these people, Zhou Billy was the most consistent with his own ideas, so he had to win him over, as long as one of them agreed, the others would agree.
Wen Ze, tell me what you think, we haven't studied this matter in detail before, Hong Kong's investment law and the local company law were formulated at different times, so we need to find flaws if we want to solve this matter.
At present, if several companies want to avoid taxes, they have to go to Europe to register a company, but this situation is almost rare.
To a certain extent, Hong Kong's economy depends on these investment entrepreneurs and businessmen, and if the local government does not give them protection policies, they can choose to build their enterprises in Batavia or in China.
"I have carefully studied the existing laws of both places, and it is almost difficult to pretend to be empty, so we can only unite and put pressure on the local government in Hong Kong, so as to ensure that our rights and interests are not violated, and to a certain extent, our investment here is to contribute to the local economy, and the local government has the right to come forward to provide us with protection."
Obviously, Chen Wenze has studied it, and he is planning to join forces with everyone to put pressure on the local military government, knowing very well that there is a great power in numbers, and he is not looking for them to study the loopholes in the law, but to jointly put pressure on the government.
"Our upfront investment has already gone down, and I'm afraid the pressure will not be too big at this time, and the military government may not necessarily listen," Zhou Billy said, saying that according to the proportion of investment cost recovery, it will take at least a year and a half to earn back the principal of the investment and not lose the principal.
Now putting pressure on the government is actually not a little beneficial for yourself and others, and even the loss is still yourself, the initial funds have been invested, and the follow-up is not in place, the more you will lose.
"Brother Zhou, no matter what the investment is in the early stage, at least we have to make a gesture to show him, and they also have to consider the impact of divestment once we recover the principal, so I think it will still be useful."
"Wen Ze is right, we should try," Yang Wenwen said, sitting on the side. As the largest investment company in Hong Kong, Yang Wenwen's clothing company, once she speaks, the government has to consider whether to change the policy.
With Yang Wenwen's opening, the next conversation with several people went much smoother, and everyone signed the proposal prepared by Chen Wenze, preparing to hand over the proposal directly to the Hong Kong military government.
I believe that I will be very surprised to see this He Yu, and I will even contact China immediately. This is indeed a huge matter for him, and if it is not handled well, it will even have a great impact on his future.