4: Chapter 4 Establishing an Offshore Company

The Stinger Anti-Aircraft Missile simply cannot compare.

Although Li Yi had never tested the performance of the Tianlei Series Anti-Aircraft Missile, he still trusted the Multiverse Arms Trading System.

"These are real data."

"It's truly incredible. This is the anti-aircraft missile that Iran needs."

After Mannila offered a word of praise, he asked.

"I would like to ask, what is the selling price for each model of anti-aircraft missile?"

Li Yi estimated the conventions of international arms trading.

Generally, it is several times, or even over a dozen times, the cost price.

China's past arms deals were the same.

After multiplying the cost price several times over, China's currency was directly converted into the currency of the USA.

"The selling price for a single set of the Tianlei Type I Anti-Aircraft Missile is 120,000 USD, and 100,000 USD per missile."

"The selling price for a single set of the Tianlei Type II Anti-Aircraft Missile is 600,000 USD, and 500,000 USD per missile."

"The selling price for a single set of the Tianlei Type III Anti-Aircraft Missile is 1.2 million USD, and 1 million USD per missile."

Mannila feigned surprise and exclaimed.

"The price you quoted is too expensive. It's more expensive than the Stinger Anti-Aircraft Missile and the Ares medium-range anti-aircraft missile."

"You get what you pay for. You have also seen the performance of the Tianlei Series Anti-Aircraft Missile; the Tianlei Type I Anti-Aircraft Missile alone has combat performance superior to the Stinger Anti-Aircraft Missile, and the price is even cheaper than the Stinger Anti-Aircraft Missile."

"Is there any room for a discount?"

Li Yi knew that the price he quoted was not low, so a slight price reduction was possible.

"It depends on the quantity purchased. If the purchase volume is large, we can consider selling a batch at a reduced price."

"Alright. I will contact the Iranian military first to see what their intentions are."

Mannila did not continue to dwell on the pricing issue; after all, he was just an arms broker.

The specific transaction would still need to be negotiated between the arms dealer behind Li Yi and the Iranian military.

Li Yi understood that Mannila was just a scout, and the subsequent negotiations would be the most important part.

In China, individuals are unable to engage in arms trading.

One can only sell various weapons and equipment through overseas enterprises.

Therefore, establishing an enterprise overseas was placed before Li Yi.

For the sake of confidentiality, it is best to directly establish an offshore company to sell the arms.

And open offshore accounts to conceal the flow of funds.

When Li Yi worked as an accountant, he had learned about the establishment of offshore enterprises.

The best method is to find an intermediary agency to set up the offshore company on his behalf.

After all, intermediary agencies are quite familiar with various offshore jurisdictions around the world and can set up offshore companies in a timely manner according to the client's requirements.

Although it requires spending some funds, this expenditure is necessary.

As one of China's most economically developed cities, Shenzhen has quite a few such intermediary agencies.

After some searching, Li Yi selected an intermediary agency.

Ruifeng Business Consulting Company is one such agency.

It mainly engages in businesses such as overseas company formation, accounting and tax services, offshore finance, and bank account opening.

Its headquarters is in Hong Kong, but it has a branch in Shenzhen.

After Li Yi contacted the Shenzhen branch of Ruifeng Business Consulting Company, he arranged to meet at a cafe on Pengcheng Avenue in Shenzhen to discuss the relevant matters.

The environment at Shangpin Cafe was quite nice, and it had been operating in Shenzhen for three or four years.

When Li Yi arrived, the person from Ruifeng Company had already arrived.

The person who came was a business manager; he hadn't expected it to be a woman. Her appearance was not particularly eye-catching in the entire cafe, but she had a distinguished temperament.

She was wearing a white women's shirt and a small suit jacket, which made her look quite capable.

Upon seeing Li Yi arrive, she stood up, extended her hand, and said.

"Are you Mr. Li? I am Lin Shan from Ruifeng Business Consulting Company."

Li Yi shook Lin Shan's hand lightly and sat down opposite her.

"I am Li Yi. Manager Lin, you've arrived quite early. Let's get straight to the point."

"Do you need me to introduce our company's situation and the services we can provide?"

"No need. I need to open an offshore company; do you have any recommended registration locations?"

"Are you planning to register in Hong Kong, Singapore, or in the Virgin Islands, the Cayman Islands, or perhaps Bermuda, Seychelles, or other registration locations? For trading, Hong Kong is better. For tax avoidance, the Cayman Islands and the Virgin Islands are about the same. If you want to invest, Singapore and Bermuda are more popular."

Li Yi considered this for a moment.

The most important thing for the arms business he was about to do was confidentiality; it was best if the flow of funds could not be traced.

Hong Kong could serve as a transit point for funds, so he could register an offshore company there.

It would be best to also register an offshore company in the Cayman Islands.

"I plan to register an offshore company in Hong Kong and the Cayman Islands respectively, both of which will be companies held in my personal name."

"What is the purpose of registering the offshore companies? What kind of business will they engage in? International trade or brand promotion?"

Li Yi naturally would not reveal the real business, and said.

"Let's go with international trade. The scope of business will also mainly be international trade. Of course, if possible, we might also engage in other businesses."

Lin Shan took notes and then asked.

"Have the company names been decided? We need to conduct a search to confirm if the company names are already taken."

Li Yi thought for a moment. Now that he possessed the Multiverse Arms Trading System, it was like the Chaos Green Lotus nurtured at the beginning of chaos. He said.

"The name of the company in Hong Kong will be Green Lotus Company. The name of the company in the Cayman Islands will be Chaos Company."

"Do you need us to open bank accounts on your behalf?"

"Yes, I do. Chaos Company will open an account at Swiss Bank, and Green Lotus Company will open an account at Hengfeng Bank."

He still needed to open a few bank accounts overseas, as they could be used for the transit of funds.

Although the funds needed to procure various weapons and ammunition from the Multiverse Arms Trading System could be obtained by selling various mineral resources and raw materials to the system.

There would also be cases where some countries procuring arms would pay funds through banks.

Li Yi wanted to improve his life, which also required a portion of cash, and this necessitated cross-border bank transfers.

Lin Shan then communicated the relevant matters regarding registering the offshore companies with Li Yi one by one. After agreeing on all matters, she said.

"For opening an offshore company in Hong Kong, the fee is approximately 10,000 yuan. For opening an offshore company in the Cayman Islands, the fee is approximately 50,000 yuan. Is that okay?"

Li Yi hadn't expected that before he had even started selling arms, besides the 200,000 yuan exchanged from the system, he now needed to pay another 60,000 yuan; the initial expenses were quite high.

But this money had to be spent.

"No problem. Should I pay now or wait until it's finished?"

Lin Shan took out an agency agreement and said.

"Let's sign this agency agreement first. Once you have prepared all the various documents and brought them to our company, then you can pay the fees."