Chapter 166 Overseas Companies
what to do.
This is a very important question.
No matter how exciting the general's speech is before the war, he will eventually need to return to the sand table in the camp to face the enemy's muskets and cannons and conduct deductions. A cold war will not become a cold war just because of a few verbal words.
Easy to win. How to defeat the enemy, or how to protect yourself, is a strategic issue, not an emotional tendency issue.
Many professors in the conference room have changed their attitudes because of what Ohawara said just now. However, how to deal with the Accounting Inspection Institute is a practical problem that must be solved.
"As for what to do about this issue -" Okawara said solemnly, "First of all, as long as you walk upright and sit upright, you are naturally not afraid of others coming to investigate. As long as you are innocent, then even if the Accounting Inspection Bureau continues to investigate over and over again, you will eventually
There is no threat to us. I believe that everyone here is upright and has never done anything illegal or criminal."
"But, Professor Okawara," one scholar said, "we are naturally cautious when it comes to matters related to industry-research joint ventures. However, sometimes, some violations for the convenience of operation are unavoidable.
I’m just worried that the Accounting Inspection Service will seize these areas, make a fuss out of it, and eventually cause something to happen.”
Okawara nodded lightly and then said: "Indeed, when the industry-research joint ventures were promoted in the early years, because the rules at that time were not perfect enough, it was inevitable that there would be some irregularities. Therefore, for the sake of industry-research joint ventures,
As early as five or six years ago, I began to gradually promote the cancellation of these enterprises that had problems in the early years."
Hearing the words "company cancellation", the expressions of everyone present changed. Although the people present were all academics, their involvement in industry-research joint ventures also allowed them to learn more or less about some enterprises.
Practice in the industry. It is easy to open a company, but it is difficult to close a company.
To legally cancel a company, you need to go through extremely complicated procedures, including liquidation, newspaper announcement, social security cancellation, tax payment and other procedures before you can successfully close a company. It usually takes two to three years.
, if there are disputes with the company's workers, the process of closing the company will be even longer.
Okawara actually started planning for the company's cancellation five or six years ago. His vision is so long-term. The professors in the conference room couldn't help but express surprise.
"According to the cancellation work I deployed before, some enterprises that may have been irregular in the early years have basically been canceled," said Okawara. "The remaining ones are still in the process of cancellation and have no business activities. The risks are
It's basically very small. Even if the Accounting Inspection Bureau comes to investigate, it won't find anything."
Ogawara's expression was calm, as if he was confident.
Everything that happened today seemed to be within his expectation.
It is too cruel to avoid the audit of the Accounting Inspection Service by deregistering the company. The company no longer exists legally, so how can the Accounting Inspection Service investigate?
At this time, another professor from the Faculty of Engineering said: "But...but, Professor Okawara. Although the company has been deregistered, there are still two issues unresolved. The first issue is the company's shareholders. Although the company is closed,
However, if the Accounting Inspection Service cannot go after the company, will it go after the shareholders in a fit of rage?”
"Second question. According to relevant accounting regulations, even if the company is cancelled, the corresponding accounting books, subsidiary accounts, voucher account books, etc. must be retained. Previously, when our research team wanted to close an industry-research joint venture, we also consulted
We asked the corresponding accounting firms and law firms to see if we could throw away the company's account books. The answer we received was no, they must be kept for a period of fifteen or thirty years. The lawyer also told us,
Those who destroy accounting books may even commit criminal offences."
"If this is the case, even if we cancel the company, I'm afraid there will be nothing to make up for it. Because the accounting books must continue to be kept in accordance with the requirements of the law. The Accounting Inspection Agency can still verify the company."
Upon hearing these two extremely difficult questions, the expressions of many people present turned to anxiety.
Okawara's face remained calm, as if these two difficult issues did not cause him any trouble. He could only hear him continue: "As for the issue of holding shareholders accountable, you don't have to worry. When we first promoted industry-research cooperation
When I was running a business, I invited Nomura Securities and three overseas hedge funds to specially design the equity structures of these companies. With the cooperation of these financial experts, the equity structure design of the industry-research joint ventures was
It can be said that it has reached the world’s best level.”
"If the Accounting Inspection Service wants to track down the shareholders of the industry-research joint venture, let's see if they can defeat the wisdom of top financial experts and find the real actual controller."
A proud smile appeared at the corner of Okawara's mouth. At the beginning, he hired these financial experts to design a complex equity structure like a maze. Enterprises are nested layer by layer, just like the narrow paths in the vast mountains.
There are so many twists and turns that it is impossible to find the real path.
It is true that the Accounting Inspection Service is an auditing professional.
However, what kind of skills can these investigators who are only proficient in auditing accounts have to compete with financiers?
"As for the second issue of auditing the accounts." Okawara sneered, "Indeed, the law stipulates that corresponding account books, vouchers and other types of account books have a retention period. Destroying accounting books will indeed violate relevant criminal offenses. Then
We must keep accounting books in accordance with legal requirements."
After hearing this, a scholar immediately said: "Professor Okawara, if the account books must be kept, then the Accounting Inspection Service can come and inspect the accounts."
Okawara laughed again, "It is true that the law stipulates that we must keep account books, but does the law stipulate the location where the account books are kept? In the process of successively advancing the cancellation, the account books of the relevant industry-research joint ventures have been shipped overseas for storage.
They are scattered in Cayman, the Virgin Islands and other places. If the Accounting and Inspection Service wants to audit the accounts, let them go overseas to investigate. Let them travel across the ocean and travel thousands of miles to investigate."
The dean's smile gradually turned sinister, "I want to see if the Accounting Inspection Service has the power to enforce laws overseas. Let's see which country would tolerate other countries' audit agencies enforcing laws on their own land!
Chapter completed!