Chapter 384 Holding Company
The annual dividends of Xinzengwen Electronics are not just a dividend feast within the group, but also a feast for the Hong Kong tax department.
In 1986, Hong Kong's GDP was about HK$400 billion and its fiscal revenue was about RMB60 billion. Among them, at least one-third of the fiscal revenue was contributed by the new entrepreneurial sector. Although the dividend and dividend tax rate is not high, it also requires a 10% dividend tax.
The dividend of HK$15 billion is as high as 1.5 billion. Among them, Lin Qi personally needs to pay 1.3 billion taxes.
You should know that during the company's operation, the tax that should be paid has been paid. Net profit is already after-tax profit, but if you distribute the tax profit to shareholders, you need to complete the tax payment procedures. It has to be said that the government is the best business model in the world.
Of course, Lin Qi's personality is not suitable for being an official. After all, being an official has high requirements for personal ethics and strong constraints. At the same time, even the most powerful politician in the world, his material enjoyment may not be really comparable to Lin Qi.
With more than 10 billion Hong Kong dollars in dividend dividend funds, Lin Qi is not only used to "improve life", but most of the other funds are prepared to invest in some projects within the non-new entrepreneurial electronic group system.
Of course, Lin Qi currently has quite a lot of private investment projects, but they are relatively scattered. There is no direct affiliation between different projects and can cooperate together, mainly because the bosses behind those projects are Lin Qi.
Among these projects, there are many giants with certain influence around the world like Felix Animation, Xinxingwen Film and Television Group, and Xinxingwen Publishing Group. Of course, there are also companies like Lin Meng Technology and Fantasy World that are not as famous as the previous companies, but they are also privately invested by Lin Qi. Since these companies have no equity or affiliation between Xinxingwen Electronics, they can only find Lin Qi as the boss when encountering problems. Although Lin Qi may not need to interfere in the daily management of each company, just participating in the annual regular board meetings of these companies is enough to make him busy.
"This is very simple. If you register a holding company and manage the companies in your hands, you will be able to manage them uniformly." Meng Xin said, "It will be done sooner or later. Otherwise, your stall will grow bigger and bigger, and you will not remember how many companies and property it has. Because you don't have time to pay attention to those companies, in the long run, if the management lacks supervision, it will inevitably produce borers, and even the entire team will become borers, turning the wealth within the company into residue."
Lin Qi hugged Meng Xin happily, kissed her, and said, "It's not a pity that I am my good friend. It's really not possible without your help."
"I don't believe it, you can't think of this. Since you realize the problem, you must be ready to solve these problems." Meng Xin smiled, "Is there a ghost in your heart that I'm afraid I will investigate you?"
Chapter completed!