章節 278: Offshore Company

In the past, Lu Zhou had had similar plans, but he never got to it.

David's words gave him a reminder. The taxman would take at least $100 million USD from his $400 million USD income.

Lu Zhou would die if someone took $100 million USD for no reason.

The Cayman Islands was undoubtedly the perfect choice for this situation.

On the islands, there were only a few simple taxes such as import tax, industrial tax, and commercial registration tax. For companies registered on the islands, not only that the company officials did not have to pay business tax, but the islands would not even audit the company's accounts. Other than the yearly licensing fee, the company did not have to pay anything else.

There were many companies set up in the Cayman Islands; Microsoft, Google, BAT - the big three. Even though the licensing fee was not high, this had become the main income for the government of the Cayman Islands.