How can Chinese listed companies avoid tax reasonably?Haidilao Zhang Yong's 3 tricks to avoid tax

Ordinary people with a monthly income of 5000 yuan have to pay taxes. Why can Haidilao Zhang Yong, who is worth 2000 billion yuan, reasonably avoid taxes?

Unexpectedly, Zhang Yong actually used these 3 reasonable tax avoidance tricks!

Step XNUMX: Register a company in the Cayman Islands

Does the Cayman Islands feel strange and familiar?Because we are familiar with Baidu, Alibaba, Tencent, NetEase, Evergrande and other large domestic companies in mainland China, all of which are registered as offshore companies in the Cayman Islands.

This is due to the consideration of listing or tax avoidance.

Haidilao opened a family company in the Cayman Islands and used the family company to control the parent company of Haidilao and listed the parent company in Hong Kong.

The second trick: change nationality

Astonishingly revealed in the Forbes Rich List earlier that Zhang Yong is actually a Singaporean.

That’s right, Zhang Yong’s second move was to change to Singaporean citizenship. In this way, Haidilao became a business owned by Singaporeans in China.

On top of that, Singapore is exempt from tax on foreign income.

Step XNUMX: Set up a family trust

Zhang Yong holds 62.7% of the total shares of Haidilao Company, all of which are held through offshore family trust + BVI company, with a total value of 1000 billion.

What is a BVI company?

• The British Virgin Islands (The British Virgin Islands, BVI) is one of the fastest growing overseas offshore investment centers in the world. Companies registered here are called BVI companies, which are often used for listing overseas or in Hong Kong. VIE transaction structure.

Zhang Yong gave up the ownership of 1000 billion yuan and only enjoys the beneficial right, which can avoid the impact of debt and carry out effective inheritance.

No wonder the poor get poorer and the rich get richer. Their thinking is no longer on the same level as ours.

Ordinary people care about changing their nationality, while others think about how to preserve their wealth.

It's like those big bosses say that their salary is only 1 yuan, but in fact it is just to avoid tax reasonably.What do you think?

Netizens said:

What he avoids is personal tax, whether corporate tax should be paid or paid, this is a reasonable tax avoidance, this is very reasonable, and every company will reasonably avoid tax.After all, everything that should be paid has been paid, so why not bypass what can be bypassed, after all, this is a for-profit organization. (Don't ask me why I know so much we learned this)