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2 thoughts on “mascot wholesale jewelry Why are many Internet companies registered in the Cayman Islands?”
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jewelry gift boxes and displays wholesale Like many familiar companies, 360, Baidu, Alibaba, Renren.com and many other Internet companies registered in a place called the Cayman Islands. This sounds a bit incredible, because the location of these companies is clearly in China. Why is the registered place in a place called the Cayman Islands? There are many reasons.
The first point is because of the tax problem here, the Cayman Islands. The area of this place is very small, and his taxes are very simple. Only import taxes, industrial and commercial management taxes, and tourism taxes are only three types of taxes. Therefore, it only takes a small amount of long management fees to register on the Cayman Islands.
and there is a high degree of confidentiality without foreign exchange control, and no taxes are required. This is really the paradise of all enterprises. Therefore, not only China, many foreign Internet companies use the Cayman Islands as your registered place. Not only that, the Cayman Islands is also the famous offshore economic center. The natural environment is very beautiful and is a famous diving resort.
The conditions for the company's registration are very simple, as long as they are 18 years old. Registered capital is only 50,000 US dollars, and no verification is required. Very fast and convenient. Local use of British ordinary legal companies to exempt the company this means that you register a company in the Cayman Islands and do not need to pay taxes locally. It has a strong tax effect.
and enjoy the treatment of foreign -funded enterprises in China and receive support from the national items. And the local company's information on the Cayman Islands will get strict confidentiality, not to disclose to other individuals or collectives and the company's name is not restricted, and the vocabulary of any language can be added to it.
So there are so many advantages that these Internet giants in China do not register for the Cayman Islands. From the above understanding, the Cayman Islands is really a paradise for Internet companies.
tai wholesale jewelry Why are many Internet companies registered in the Cayman Islands? Is it really just to avoid taxes?
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