MMB Chapter 79, Clause 2
Chapter 79, Clause 2
Article 2 of Chapter 79
"Our law firm charges a lot of money. If I were to handle this matter for you, it would cost around 5 yuan within half a month, and around 8 yuan for a month."
Registering an offshore company in the British Virgin Islands takes at least 20 to 30 days, and even registering an offshore company in Hong Kong takes about 7 days. So, are you sure you need to spend this kind of money?" Liu Yue didn't say whether she agreed or disagreed, but instead did the math for Mao Xiaoyu.
"So expensive." Mao Xiaoyu was taken aback.
"There's nothing we can do; lawyers are usually paid by the hour," Liu Yue said.
"Are there any cheaper套餐 (set meals)? I can't afford this price," Mao Xiaoyu said with heartache.
"Yes, here's a solution. We'll help you register two offshore companies, but you'll have to pay all the registration fees. After the offshore companies are registered, you can pay me 4 yuan. Don't think it's expensive. Other companies might charge you 8 or even 10 yuan."
"You should know that registering an offshore company through Hong Kong is relatively easy; it only costs around ten thousand yuan. The main difficulty is registering in the British Virgin Islands, which is located in the United States, too far away, so the cost is higher, requiring 3 yuan," Liu Yue offered another option.
"You seem to know so much about this. Does your law firm do this kind of thing?" Mao Xiaoyu asked suspiciously.
Liu Yue shook her head and said, "If you come to our law firm, we can help you get in touch. But we don't handle offshore company registration, since we are a law firm, not an agency."
But we can help you contact a service agency. We definitely know better than most people which service agency offers better service, and we can also get you a cheaper price. For you rich people, getting things done quickly is the most important thing, and the process only costs a little money.
Although you can register in Hong Kong, where the registration fee is slightly cheaper than on the mainland, don't forget that if you stay in Hong Kong for a month, your living expenses for that month will be enough to cover our commissions. After all, life in Hong Kong is not cheap.
That's precisely why mainland agencies can do this business. Otherwise, everyone would be registering in Hong Kong, and there would be no need for mainland agencies. Everyone has done the math and knows that while registering in the mainland costs money, it avoids the hassle of going all the way to Hong Kong.
"But I think 4 yuan is still too expensive. With that 4 yuan, I might as well go to Hong Kong for a month and get things done there. So forget it, I'll just go to Hong Kong to do it," Mao Xiaoyu said with heartache.
"Whatever you want. Maybe it's better for you young people to spend a month in Hong Kong. After all, Hong Kong is a dazzling world, and it's not bad for young people to have some fun there," Liu Yue said nonchalantly.
Liu Yue's job was originally as a lawyer, and handling offshore company matters was just a matter of introducing people to the business. The money she could earn from it wasn't much, so whether she did this business or not didn't matter to her.
"Anyway, thank you for your reply," Mao Xiaoyu said gratefully.
Liu Yue smiled but didn't say anything.
After an hour's drive, Mao Xiaoyu and Liu Yue finally arrived at the address of Xinde Real Estate Company.
"It's still early, let's wait a bit, we'll sit in the car until 1:40 and then go over."
Liu Yue parked the car in the parking lot, checked the time, glanced at the blazing sun outside, and then spoke directly.
"Well, it seems we've arrived a little too early." Mao Xiaoyu glanced at the time and felt that she had indeed arrived a bit too early.
"The timing has to be neither too early nor too late. If it's too early, it will give people the wrong impression," Liu Yue said.
"Okay, it's up to you now," Mao Xiaoyu said nonchalantly.
"You've already discussed the general direction, I just need to write up the contract. There's not much else to discuss. As long as there are no contractual traps, it'll be quick," Liu Yue said speechlessly.
Time flew by and it was 1:40. The two of them got out of the car and went straight to the lobby of Xinde Real Estate Company.
Meanwhile, Manager Wang and his secretary were already waiting for Mao Xiaoyu in the lobby.
"Hello, Manager Wang."
"Hello, Mr. Mao."
The two exchanged polite greetings, and then Mao Xiaoyu introduced Liu Yue, who was standing next to her, to Manager Wang.
Manager Wang had been suspicious of the middle-aged professional woman accompanying Mao Xiaoyu, but upon hearing that she was a lawyer, he suddenly realized the truth.
But thinking about it, it's understandable. After all, it's a contract worth over 2000 million. You really wouldn't feel at ease without having a lawyer keep an eye on it.
However, Manager Wang genuinely had no intention of fabricating anything, so regarding the lawyer Mao Xiaoyu had hired, he simply felt—
Mao Xiaoyu was meticulous in her work and didn't think much of it.
Having picked up Mao Xiaoyu, the group went to the conference room of Xinde Real Estate Agency and began discussing the contract.
Because of the common ground they had in the morning, and the mutual interest in finalizing the contract, all the minor issues were resolved by Mao Xiaoyu, which led to the contract being drafted very quickly.
The entire contract contains more than twenty major clauses and over 100 minor clauses.
However, the most important clauses are actually just two clauses. The other clauses are just to protect the obligations of both parties and are normal clauses that you don't need to read.
The first clause, regarding the payment time, states in the contract that after signing the contract today, Xinde Real Estate Agency will pay RMB 16.54 million (totaling RMB 27.04 million, of which RMB 10.5 million will be converted into HKD 10 million) to Mao Xiaoyu's China Construction Bank card within 3 days.
After receiving the money, Mao Xiaoyu had to guarantee that she would redeem the property certificate from the financial company within half a month and then hand it over to Xinde Real Estate Agency.
After Mao Xiaoyu handed over the property certificate to Xinde Real Estate Agency, the agency will transfer the second installment of HK$10 million to Mao Xiaoyu's HSBC bank account within three days.
Regarding the second clause concerning the handling of the houses, the contract states that after the contract is signed today, Mao Xiaoyu must vacate all the people in all 39 houses within one month, and cut off all water and electricity within one month.
As for the items inside the house, the contract stipulates that Mao Xiaoyu can remove all the items inside as she pleases, provided that the exterior of the house is not damaged.
For example, the air conditioner and water heater can be removed from the house, and all the furniture can be moved out, not to mention pots and pans. Even the doors and windows inside can be moved out, but the doors and windows outside must remain intact.
Actually, this clause was already quite lenient with Mao Xiaoyu. According to certain rules, some things are not allowed to be taken away, but Xinde Real Estate Development Company didn't care about these rotten things, so in the end, they let Mao Xiaoyu clear out the house.
After the contract was finalized, Mao Xiaoyu reviewed it and felt there weren't many problems. However, hoping to gain an advantage, Mao Xiaoyu said to Manager Wang, "Manager Wang, from your company's perspective, shouldn't I be considered a recipient of relocation compensation?"
Manager Wang, who was looking at the contract, looked up and replied when he heard Mao Xiaoyu's words: "In principle, you should definitely be considered one of our company's relocated residents."
Mao Xiaoyu said sincerely, "Then when your houses are finished, if I come back to buy one, could you—"
It's a bit cheaper than the market price. To be honest, if it weren't for the fact that your house takes two or three years to build, I would actually prefer to take the house.
Unfortunately, your houses won't be delivered for another three years. I can't possibly leave so much money here for you to use for free for three years, so I'm reluctant to just take the money and leave. However, once you finish building the houses in 2008, I still hope to sell some of them to me at a lower price.
Manager Wang hesitated for a moment, then said, "Given Mr. Mao's relationship with our company, we should be able to give you a discount."
As he said this, Manager Wang lacked confidence. After all, he couldn't guarantee what would happen in three years. He could only try to get by with the current situation for now. As for what to do after three years, he would deal with that later.
"How much cheaper is it? Can it be the same as the price for the residents who were relocated this time?" Mao Xiaoyu pressed on.
Manager Wang shook his head and refused, saying, "Mr. Mao, that's impossible. The reason the relocated residents are getting such a low price is mainly because they didn't ask for money, they wanted the houses. They will have to wait several years for us to get the houses."
"Now that you've already taken the money, it's impossible for you to come back and buy a house at such a low price. Otherwise, it would be a waste of the time those people who were relocated have waited."
"Don't refuse! I'm offering a lot of money. I might be able to use 30 million yuan to buy your property. I should get a discount since I'm offering so much, and since I'm a recipient of relocation compensation, I should get an even better deal," Mao Xiaoyu said.
"Well, I can't say for sure; that's something our chairman needs to say."
When Manager Wang heard that Mao Xiaoyu was prepared to spend 30 million, he really didn't know what to say, since 30 million could buy a lot of houses.
"Why don't you go ask your chairman if he agrees?" Mao Xiaoyu tempted.
Manager Wang thought for a moment and felt that since the contract was already written, it would be a good time to go over and have the chairman review it, and also bring up the matter to see what the chairman would say.
"Alright, I'll show the contract to the chairman first, and I'll also consult him about this matter to see what he thinks."
After saying this, Manager Wang picked up the contract and left the meeting room.
"Chairman, this is the contract we negotiated with Mao Xiaoyu. Please take a look. If there are no problems, both sides will sign it." Manager Wang came to the chairman's office and respectfully handed the contract to Chairman Liu Wanhua.
-
Upon hearing this, Chairman Liu Wanhua took the contract and began to read it. Since there are many templates for this type of contract, the chairman did not need to read it word by word. Instead, he looked at some of the most important clauses and finished it in about 10 minutes.
"The contract is fine, let's sign it," Chairman Liu Wanhua agreed.
"Okay, Chairman, but there's one more thing. The other party said he's a resident who received compensation for his land expropriation and wants to buy a house here in three years, according to the standards for resident receiving compensation. I didn't agree to that at first. Later, he said he was planning to spend 30 million yuan to buy a house in three years. This time I didn't refuse. I'd like to ask the Chairman if we should give him a little bit of preferential treatment." Manager Wang took the contract and quietly explained what had just happened.
"What? He's planning to come back and buy our house?" Chairman Liu Wanhua asked, somewhat incredulously.
"Yes, and he has said it several times already. When we talked this morning, he also said that he would come back to buy a house in the future. When we were discussing the contract just now, he also said that if the house hadn't been completed in 2008, he would have wanted to take the house."
"Judging from the fact that he mentioned houses twice, it's clear that he really wants to buy the houses we've built. And he just said that he plans to spend 30 million to buy them after they're finished. How should I, Chairman, respond to him?" Manager Wang asked cautiously.
Chairman Liu Wanhua did not reply to Manager Wang's words, but instead began to think.
Three years from now, will his house be easy to sell or not? Liu Wanhua wasn't really sure, otherwise he wouldn't have been given a resettlement house.
After all, this time they're building 15 houses and a commercial plaza, which is a pretty big investment. If someone spends 30 million to buy their house, it will at least clear out a lot of inventory.
But what if the other party makes empty promises? After all, you've already made a commitment, and whether they actually come to buy it depends on their mood.
The best course of action is to sign a contract with the other party, so that they will have to come and buy the goods even if they don't want to.
Thinking of this, Chairman Liu Wanhua couldn't help but look at the contract that Manager Wang had taken back once more.
"Since the other party wants to buy the commercial housing we will build in the future, and is willing to spend 30 million yuan to buy it, then I really want to meet this Mao Xiaoyu. By the way, is he still in the conference room?" Chairman Liu Wanhua asked pretentiously.
"Yes," Manager Wang replied.
"Let's go see him. I want to have a good talk with him and see how many houses he wants in the future," Chairman Liu Wanhua said, standing up.
"Chairman, isn't this unnecessary? There's no need to make such a big deal out of it," Manager Wang said, startled.
"What are you saying? Let's go, lead the way," Chairman Liu Wanhua urged directly.
Seeing this, Manager Wang had no choice but to lead the way to the company's conference room, preceded by Chairman Liu Wanhua.