pjbooks Chapter 96: Investment Budget of 1 US Dollars
Chapter 96: Investment Budget of 1 US Dollars
"Mr. Jason, welcome."
"You're too kind, let's take care of our business first."
Anna greeted him politely, and Jason got straight to the point, and the two headed into the law firm.
Three days after returning from the law firm, Jason also received a call from Anna.
The next morning, Jason took Dolino directly to Bendigo by helicopter.
Upon entering a conference room, Jason was immediately struck by a man dressed in a tailored suit, with his hair meticulously combed and wearing gold-rimmed glasses, exuding the aura of a social elite.
"Hello, Mr. Jason, my name is Terry Donner, you can just call me Terry," Terry said, standing up as he introduced himself.
After shaking hands with Terry, Jason gave a brief self-introduction: "Hello, Jason Wilson, just call me Jason."
"Gentlemen, I'll go out first. You two can talk in detail." Anna wisely left the room.
With one being her direct supervisor and the other a young and wealthy client, Anna couldn't get too involved.
"Mr. Jason, Attorney Anna has explained your situation to me, but from my perspective, there is absolutely no need for you to engage in shareholding manipulation or capital concealment."
"Moreover, the stock market is very risky. If it's just a simple investment and wealth management activity, there's absolutely no need to set up a dedicated investment company."
Hearing Terry's words, Jason frowned. "Mr. Terry, I think I've already told Anna about my decision. I asked you to come so you could help me from a professional perspective, not just offer advice."
"Of course, your advice makes a lot of sense, but I have my reasons for doing so."
Terry sensed Jason's displeasure and didn't dwell on the topic any further.
He handed Jason a copy of the prepared materials, organized his thoughts, and began to speak slowly.
"Mr. Jason, investing in the name of a company is also very simple. Just register a corresponding investment company and open an institutional securities account in the name of the company with a securities company."
"The capital injected was deposited into the company's account in the form of shareholder contributions, and then securities were traded in the company's name."
"Of course, all profits and losses, as well as dividends, belong to the company."
"Operating in this manner will result in a double tax burden of corporate income tax and personal income tax. However, with the help of professional lawyers, accountants, and tax advisors, this can be handled to a certain extent in a legal and compliant manner."
"I want to make this clear to you: complete tax avoidance is unrealistic; everything must be done within the bounds of the law."
"Regarding the issues you mentioned about overlapping shareholdings and concealed identities, we had to be prepared for that from the very beginning of the company's establishment."
"Secondly, in order to maintain the company's existence, its bookkeeping, annual audit, business annual report, tax filing, etc., will incur management costs every year."
"Typically, the annual cost ranges from several thousand to tens of thousands of yuan."
"You already own several companies, so..."
Terry slowly explained to Jason, analyzing the details of the necessary operations, the subsequent methods, and some precautions one by one.
When Jason encountered something he didn't understand, Terry would hand him the materials he had prepared and explain it to him step by step.
Time flew by and it was noon. Jason interrupted Terry's explanation and invited him, "Mr. Terry, if you don't have plans for lunch, I'd like to treat you."
"Thank you very much, Mr. Jason."
Terry accepted the invitation with a smile.
The two, having deliberately cultivated a relationship, got along very well.
From morning until afternoon, except for the lunch break, the rest of the time was spent communicating.
A company's structure cannot be explained in just a few words, especially for someone like Jason who doesn't know much about it, so there are many questions.
"Mr. Jason, do you have any other questions?" Terry took a sip of water to moisten his dry throat.
Jason stood up and extended his hand. "Mr. Terry, I wish us a pleasant collaboration from now on."
To be honest, it's unrealistic for Jason to fully understand everything discussed today in one go.
But he only needs to know the company's general processes, the risks to be avoided, and the tasks to be completed.
Jason spent a whole week in Bendigo taking care of some important matters.
The remaining procedures will need to be handled by the firm, and a designated person will be responsible for delivering the relevant documents to Jason for signature.
After discussing the follow-up matters, Jason planned to head home.
The fatigue wasn't physical, but rather a mental one.
Jason's mind has been working at lightning speed this past week, constantly absorbing knowledge in this area.
Even so, Jason still made a backup of all the materials Terry had prepared, intending to study them again at the mine.
After the helicopter landed at the mine, Jason briefly explained to his family what he had been working on during this time.
Inside the room, Albert smoked a cigar, his brow furrowed.
Looking at the pile of documents filled with technical jargon in front of him, he remained silent for a long time before saying, "Jason, to be honest, I don't understand what you're saying."
"Furthermore, your studies at school at that time were also..."
He didn't say the rest aloud, but the meaning was clear.
“Father, I understand what you mean,” Jason explained. “What I’m doing is for my future. If I don’t find gold in the future, this is my backup plan.”
"Besides, I won't use my entire fortune to do this. Even if I lose it all, I still have the mine, which is enough for me to live on for the rest of my life."
He could only explain it in simple and common language.
Looking at the documents on the table, Albert asked curiously, "How much money are you planning to spend on this?"
"Ten million US dollars"
"How much?!" Albert's voice changed.
Jason repeated "ten million US dollars" again.
Upon hearing the number again, Albert's hand holding the cigar trembled slightly, while Ada felt a dull ache in her back molars.
After taking a few deep breaths, Albert finally managed to suppress his shock. His lips moved slightly, but he ultimately sighed and said, "You decide what to do. Anyway, it's your money you earned. Just don't regret it if you lose it."
"No, Jason, why don't you think about it again? That's ten million US dollars!"
"Dad, that's a lot of money! Don't just spend it carelessly!"
Ada advised him, genuinely surprised that his younger brother was now spending money so extravagantly, spending such a large sum of money so easily.
Jason didn't say anything, while Albert was smoking a cigar, leaving Ada alone, extremely anxious.
Seeing that neither of them spoke, Ada shook her head helplessly and walked out of the room.
In his opinion, Jason was just being ridiculous. Why did he have to invest the money in the stock market, which he was completely unfamiliar with?
But what could he do? After all, it was Jason's own money.
"Alright, I'm going out too. When your mother calls you, you'll have to explain things properly," Albert reminded him.
Soon, in less than an hour, Jason's phone rang.
Faced with his mother Lillian's questions and doubts, Jason had no choice but to repeat the explanation he had just given to the two of them.
On the other end of the phone, Lillian also sighed. What could she say now that it was a done deal? She could only hope that Jason wouldn't become obsessed with stocks.
Consider this money loss a lesson for Jason.
Yes, in Lillian's eyes, Jason's money was practically wasted.
She knew Jason's academic performance well and had attended many of the school's parent-teacher conferences, but she had never heard of Jason having any extraordinary talent in the financial investment industry.
After hanging up the phone, Jason rubbed his temples.
Can he claim to know the future development direction and be guaranteed to make a profit? If he did, he'd probably be sent straight to a mental hospital.
Fortunately, we managed to fool them.
Inside the room, Jason kept flipping through the documents, deep in thought.
The creation of a company is not something that can be accomplished overnight; its internal management personnel, financial personnel, office staff, accountants, and so on all need to be assembled.
These were all problems that troubled him, since he had no relevant experience and could only figure things out step by step.
After a long time, Jason, still unable to figure things out, called Anna and asked her to recommend an HR company.
When in doubt, solve it with money!
This was the best solution Jason could think of.
Although his money was pitifully small compared to that of real financial tycoons, it was only 2006, and ten million US dollars was not a small amount.
He doesn't pursue top-notch talent; he just needs some people who are paid to do things and are highly obedient.
After agreeing on a meeting time, Jason immediately collapsed onto the sofa.
Jason chuckled wryly, "What a life of toil! I haven't even had a chance to enjoy myself while I'm making money, and now there's another mountain of work to do."
Although he was tired, he knew it was all for the sake of the future.
His special ability will allow him to find more and more gold mines in the future, but the more gold mines he finds, the greater the danger will be.
Once the news of his numerous gold mines is revealed, it will be like a child carrying gold bricks across the street; he can imagine that a pack of hyenas will pounce on him.
Therefore, whether it's participating in gold mining programs or investing in companies, it's all about planning for the future.
After all, never trust the inherent flaws in human nature!