Reborn as a landlord in Shanghai

Chapter 104 Two Things Completed



Chapter 104 Two Things Completed

Chapter 104 Two Things Completed

"15? Attorney Zhang, are you sure you're not mistaken? 4 for half a semester? Even four years of schooling in China wouldn't cost that much. It's practically robbery!" Mao Xiaoyu exclaimed in shock.

"Mr. Mao, we are professionals. Every transaction is meticulously recorded, and there won't be any problems. If you don't believe me, here's the bill for you to take a look." As Attorney Zhang said this, he handed the bill he had just calculated to Mao Xiaoyu.

Mao Xiaoyu took the bill, glanced at it, and was immediately dumbfounded.

It's not that the bill was complicated, but rather that it was very simple, with less than 100 words on it.

The bill showed...

Tuition fee: HKD 21,000 for half a semester.

Accommodation fee: HKD 12,000 for half a semester.

The school sponsorship fee is 10 yuan for half a semester.

Lawyer fees: 15,000 yuan, for half a semester.

The processing fee is 2000 yuan.

Seeing the bill, Mao Xiaoyu was speechless. Although she knew that the money might be a little more, it was too much. Where was the 10 yuan sponsorship going?

Moreover, this is only half a semester. A year has one semester, and two years have two semesters. In other words, over these two years, Mao Xiaoyu will have to spend at least HK$60, and that doesn't even include food and other necessities.

"Attorney Zhang, I have no problem with the tuition and accommodation fees. As for the legal fees and processing fees, I also agree to those. But is the remaining HK$10 school sponsorship fee for half a semester a bit too much?" Mao Xiaoyu asked, pointing to the bill in her hand.

"Mr. Mao, this amount of money is really not much. The main reason is that you don't have a high school diploma, which has already excluded you from VTC Education. However, since there are so many high schools in each province in China, the schools are a bit chaotic, and high school diplomas are not networked, so you can actually come to school with a fake one. Hong Kong is not too strict about this aspect of the review."

After all, VTC Education in Hong Kong was established primarily to make money, so they're rather lax about this aspect. However, there's one thing: you need to pass the exams and obtain a graduation certificate from VTC Education after two years. But if you don't have time to study and don't have much hope for your learning ability, you'll need to join VTC Education's elite class. Only then will you have a chance to graduate. The standard for entering the elite class is a sponsorship of 10 yuan per half semester or 40 yuan for two years," Attorney Zhang said.

"VTC Education Elite Class?" Mao Xiaoyu muttered to herself. The name of the class sounded really impressive.

"That's right, VTC Education Elite Class. Just from the name, you know what it's for. Its main purpose is to help the children of wealthy families obtain graduation certificates without having to go to school. That's why it's a class set up."

However, these children do not mean that everyone can go to school. Some people have only average intelligence and are far from being top students. Therefore, in order not to affect the students who are admitted, and also to ensure that these children of wealthy families can graduate smoothly, schools usually set up an elite class.

The term "elite class" is not meant to be sarcastic. In fact, even if these kids don't do well in school, they will still be elite talents in society. It's just that some students are not suited to learning or don't want to learn useless things, so their grades are so poor in school. But in society, each of them can be more capable than most people.

After all, the inheritance of wealth is very powerful. The children of politicians will always be politicians, the children of financiers will always be financiers, the children of entrepreneurs will always be entrepreneurs, and the children of elite families are often elites. Although these families may not be strict in teaching physics and chemistry, they will teach their children various behavioral habits and etiquette.

Furthermore, because of this hands-on family tradition, children from wealthy families are better able to adapt to their status and have their own opinions on certain things, which is something that cannot be learned in school. Therefore, for these wealthy individuals, we at VT0...

Education still welcomes and accepts this.

"As for you, Mr. Mao, unless you want to study seriously and pass all the subjects, then you can directly enter the regular class and study diligently. Otherwise, disregard what I said. If you only want to get a diploma, then you can only pay a sponsorship fee of 10 yuan per half semester." Lawyer Zhang said with a serious expression.

After hearing Attorney Zhang's explanation, Mao Xiaoyu finally understood that she was paying an extra 10 yuan every half semester. This money was for the limited spots.

Suddenly, Mao Xiaoyu thought, since a junior college diploma can be bought, if we go a step further, can a university diploma also be bought?

Thinking of this, the wild fire in Mao Xiaoyu's heart grew rapidly. After all, a junior college degree is always a junior college degree, and a bachelor's degree is always a bachelor's degree. The two degrees are not the same.

"Attorney Zhang, is it possible to convert this associate's degree into a university degree? After all, I've already spent the money, so I might as well convert it into a university degree. It will only cost a little more money, but it will look better." Mao Xiaoyu asked with a try-it-and-see attitude.

Attorney Zhang nodded directly and said, "Didn't I just say that every school has an elite class, specifically for students who pay to attend? If you want to get a bachelor's degree, it's actually very simple; all you need is money."

Hearing what Attorney Zhang said, Mao Xiaoyu was actually a little tempted. Why not spend 100 million yuan in sponsorship fees to get a bachelor's degree certificate?

Although with 100 million RMB in China, you could get a bachelor's degree from a private university, a Hong Kong degree, which would definitely be slightly more valuable than a mainland degree.

If I were to receive a diploma from a diploma mill in mainland China, I might as well have one from Hong Kong.

If all else fails, you can always pursue a master's degree abroad for further education. After all, there are quite a few academic disciplines overseas that cater to the wealthy.

"Let me ask Lawyer Zhang, is the sponsorship fee of 100 million yuan paid all at once, or 25 yuan per year?" Mao Xiaoyu decided to ask him carefully.

"Of course, it's paid annually. Asking someone to come up with 100 million all at once might be a bit difficult, but paying 25 million annually..."

"I believe many people can afford the 250,000 yuan sponsorship fee, but in addition to that, tuition and other expenses still need to be paid separately. So, if you want to complete a four-year undergraduate degree, you'll need at least 1.5 million yuan," Attorney Zhang reminded him.

Is 150 million over 4 years a lot? If it were in my previous life, back in 2005, it would definitely have seemed like a lot.

But in terms of personal assets, I don't have that much in this lifetime.

HK$150 million for 4 years is something I can afford.

Thinking about this, Mao Xiaoyu made a decision: go for it, why not?

Anyway, in the end, I'll get a bachelor's degree certificate, and it'll look better on me.

"Attorney Zhang, I've made up my mind. I'm going to go to university. 100 million in sponsorship fees, 100 million it is," Mao Xiaoyu nodded and said.

"Mr. Mao, you need to think this through. If we handle this for you, there's no going back," Attorney Zhang said earnestly.

"Okay," Mao Xiaoyu readily agreed.

"In that case, let's sign the contract. After the contract is signed, you need to transfer HKD 35 to our law firm. We will then provide you with bills for all your expenses, whether it's school fees or our law firm fees," Attorney Zhang said.

"Okay, no problem, I agree," Mao Xiaoyu agreed.

Upon hearing Mao Xiaoyu's agreement, Attorney Zhang got busy, perhaps because this law firm had done this kind of thing before.

At least the template that Attorney Zhang provided was very standardized; as long as some amounts were filled in, it would become a truly qualified contract.

Therefore, the contract was completed in just half an hour. Mao Xiaoyu carefully read it twice, felt there were no problems, and then signed her name.

Then, using a HSBC card, they directly swiped HK$35, which truly solved the problem of Mao Xiaoyu's long-term stay.

"Thank you for your trust in our law firm, Mr. Mao. After this contract is signed, I will issue the necessary documents for you within three days to ensure your residence in Hong Kong for the next few days. As for the non-resident permit, it will take about half a month for you to obtain it. Once you have the non-resident permit, you will be able to reside in Hong Kong permanently." After signing the contract, Attorney Zhang shook hands with Mao Xiaoyu and made his assurances.

"Now that this matter is settled, let's talk about registering an offshore company!" Having resolved one issue, Mao Xiaoyu was ready to tackle another.

"What are Mr. Mao's requirements for registering two offshore companies?"

With a smile, Attorney Zhang asked earnestly. After all, Mao Xiaoyu had earned him at least 10 yuan from the last deal, and Attorney Zhang quite liked Mao Xiaoyu, a veritable money-maker.

"I don't have many requirements. First, the price is cheap, and second, the delivery is fast."

Mao Xiaoyu thought for a moment and then said.

Honestly, Mao Xiaoyu would prefer to do it herself and register an offshore company in the British Virgin Islands. That way, an offshore company would definitely be more discreet than having someone else register it for her. But she simply couldn't get there with her domestic passport.

In addition, Mao Xiaoyu's current assets are actually not much, totaling only about 20 to 30 million Hong Kong dollars. That amount of money can't even buy a decent house in Hong Kong. So, while it's necessary to hide some of her assets, there's no need to hide too much.

Therefore, Mao Xiaoyu thought about it all night yesterday and decided that she would just have a local Hong Kong company help her register the company and that would be enough. She would use these two offshore companies to help her establish a foothold.

When we have more capital in the future, we will set up more discreet offshore companies and then gradually transfer the money into these companies.

"Registering an offshore company in Hong Kong doesn't cost much, just a few thousand Hong Kong dollars. However, registering an offshore company in the British Virgin Islands depends on whether you want to buy an existing offshore company from the registered company."

To avoid hassle, some companies register several British Virgin Islands offshore companies every year as needed. When someone needs them, they simply add a little money to transfer the shares of the offshore companies.

Of course, you can also have the registered company register a new British Virgin Islands offshore company, but this will be slightly more expensive and time-consuming than transferring offshore company shares. After all, yours is a single service, while the other is multiple services, so they are different.

Attorney Zhang explained patiently.

"Will there be any problems with the offshore company we bought?" Mao Xiaoyu asked with some concern.

Attorney Zhang said earnestly, "No, it's just a shell company. With us lawyers here, there won't be any major problems. If there really is a problem and we lawyers spot it on the spot, it will seriously damage our reputation."

After all, Hong Kong is a small place. If a company has a credit problem, it's like a death sentence for the company. And if people in the industry know who is involved, they won't be able to find a job in the future.

Therefore, in order to maintain their reputation and survive in the city, highly skilled individuals are extremely concerned about their credibility and would never joke about it. Even if they only make a verbal promise, they will keep it.

"How much would it cost to buy those two offshore companies?" Hearing Attorney Zhang's serious statement, Mao Xiaoyu felt a little relieved and asked.

"Generally, registering an offshore company in Hong Kong costs around HK$6000 to HK$1, while registering in the British Virgin Islands requires US$15. The registration fee is typically 30%, meaning the registration agency might only need US$000 to obtain all the necessary documents for two offshore companies. As for our services, it only costs HK$1. If you pay today, these two company documents will be delivered to you within three days," Attorney Zhang explained.

"Okay, let's sign the contract then." Mao Xiaoyu did the math and realized it was much cheaper than in China, plus the time was so short, so she nodded in agreement.

Hearing Mao Xiaoyu agree, Attorney Zhang smiled happily. Although the law firm only earned 1 yuan from this case, it was really just a matter of two phone calls.

All I have to do is make a phone call, and the registration company will send someone over to get Mao Xiaoyu's personal information. Once the two offshore companies are registered, my lawyer will spend half an hour or an hour reviewing it, and that'll be all. Then I just need to make a phone call to have Mr. Mao come over to sign the documents, and he can leave with the company documents.

This kind of thing doesn't require going to court or doing anything; it can be resolved simply by sitting in the office and handling it, so charging 1 yuan is already sufficient.

And so, Attorney Zhang began drafting the contract, and after another half hour, he finished it. Finally, after Mao Xiaoyu signed the contract, she told Attorney Zhang that the law firm would transfer HKD 15 to her.

As for transferring so much, it's normal. After all, the exact amount is not always accurate, and sometimes it's a little more, which is inevitable. Transferring a little more now means you can return it later when the job is done.

Now that the two contracts were signed, Mao Xiaoyu didn't plan to stay at the law firm, since she had other things to do.

So after the contract was signed, Mao Xiaoyu left the law firm with Attorney Zhang seeing her off and went to HSBC.

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