Wall Street bigwigs!
Chapter 11 Sharp Edge
"I'm sorry, Mr. Walker, I apologize for my rudeness just now."
If you want to complete a dual-entity concept, SATA is definitely the most suitable choice.
I will use the utmost professionalism to help you achieve this, ensuring that every penny you spend is spent where it's needed.
Morris immediately recognized the reality and sincerely apologized.
His attitude and tone changed drastically; he couldn't afford to lose the Green deal.
Left with no other choice, Morris directly and subtly pointed out the unspoken rules of the law firm.
Green understood what he meant, and slowly placed the coffee cup on the coaster and nodded.
"Of course, I believe you are a professional, so please continue with our previous topic."
Indeed, as Morris said, if he wanted to register a dual-entity structure, SATA was definitely one of the best choices.
However, it cannot be denied that the waters here are indeed very deep.
That's why he produced that settlement statement at the crucial moment.
He may be rich, but he's not stupid.
Why let these lawyers bleed him dry if it can save costs?
He chose Maurice because he had someone investigate him and knew about Maurice's current situation.
So when Green presented the revenue statement, Morris was willing to charge less than let this big deal slip away.
"Ahem, okay, then please see the fifth item on page three regarding the registration process."
I have special connections in Delaware that can help you complete your CSC registration as quickly as possible, from filing to receiving legal documents, without requiring your personal presence.
Morris lowered his voice as he spoke.
"The important thing is that I am classmates with the Secretary of State. As long as the previous procedures are completed, I can put the documents on his desk on the same day and ask him to sign and file them."
Morris looked intently at Green; this was his real trump card.
Green paused for a moment when he heard this. What compliance? It's all bullshit!
Morris's meaning was clear: as long as the order was handed over to him, he wouldn't have to worry about any legal issues afterward.
He can handle everything from registration to post-registration maintenance, ensuring it's legal and compliant.
It's important to understand that the maintenance each quarter is extremely complex. Without professional expertise and strong connections to handle the maintenance, even a small problem can be blown out of proportion by the tax authorities.
Of course, this is on the premise that the service fee must be met.
"Well, you've convinced me, Mr. Morris."
"Now let's discuss the company structure. As long as there are no issues with that, then this deal is yours."
Morris breathed a sigh of relief. He had almost knelt down just now. After hearing Green's words, he loosened his tie, which was usually just right but felt unusually tight today.
Green shifted into a more comfortable sitting position and held up two fingers to Uma, who was striking a beautiful pose next to him.
Uma, being sensible, opened her handbag, took out the cigarettes that Green had brought from the hotel room, and placed one between Green's index and middle fingers.
'Snap'
Uma picked up a lighter, lit it, and held it to Green's mouth.
A female server who had been keeping an eye on the changing environment of the venue approached with a frown and walked over gently to remind them.
"Hello sir, smoking is not allowed here."
Green looked at the waiter who had suddenly appeared with some confusion, and then looked at the other seats with great surprise.
Are those business people over there smoking too?
Why can others smoke but I can't?
"Excuse me, sir, those people are smoking cigars."
The waiter explained with a polite and courteous smile.
"Oh, so cigars are okay but cigarettes aren't?" Green said, somewhat annoyed.
"Yes, sir, that's our policy."
"Do you offer cigars here?" Green asked.
"Of course, serving you is our mission," the waiter said with a slight bow.
"Then please give these two gentlemen one of your best cigars, and also bring me an ashtray."
Green raised an eyebrow and asked.
"Can I smoke now?"
"Of course, please wait a moment, I'll bring it to you right away," the waiter said politely.
After a minor, unremarkable incident, the atmosphere between the two parties eased considerably.
"Haha, that's how they are, you know, they make their money off of these things," Morris said with a chuckle.
Uma got up, took the ashtray from her hand, and thoughtfully placed it in the most convenient spot for Green.
Then he took out a $20 bill from his purse and handed it to the other person as a tip.
The little incident passed quickly, and Morris and Doug each placed two lit Cohiba sticks to the side.
"As per your request, I have designed a dual-class (A and B shares) equity structure for the securities company."
Your A shares entitle you to voting rights on a 1:10 basis compared to other shareholders' B shares...
Green did look for the relevant clauses in the framework document, but his brow immediately furrowed.
Because he is now facing a very critical problem: he has no shareholders.
Or rather, he originally intended to reserve some shares for his partners, but he hasn't found partners yet.
"Wait a minute, fund companies don't need to have an A/B share structure, right? This is a private equity fund."
Morris was momentarily speechless before explaining.
"Of course, if the fund company complies with the law, there is no problem with you holding the shares individually, but it is not possible with a securities company."
At this point, Morris knew what Green was going to ask.
However, the registration of a securities company can only be completed with the presence of other shareholders.
Even with the best connections, it won't work unless you're the president, the speaker of the house, the speaker of the senator, and also control a majority of the Supreme Court justices, with all parties working together to amend the constitution...
"Sir, I must remind you to find suitable shareholder candidates as soon as possible."
Of course, the selection of personnel can be arranged, but you also need to finalize the company name as soon as possible.
Morris's words, seemingly meant to advise Green, actually offered a solution: find someone to hold the shares on his behalf.
"I understand. Let's name the company R&F Fund and R&F Securities. Then help me register R&F Financial Holdings. The holding company will be located in New York."
"No problem, I can take care of it tomorrow."
However, there is one more thing I must remind you: once the registration process begins, you will need to prepare approximately $185 million in the near future.
"This fee includes law firm fees, structuring design, filing and registration, and compliance review, especially the latter two, which cannot be delayed," Morris said seriously.
"Also, don't forget to set aside funds for your tax return next April."
As he spoke, Morris flicked the transaction settlement slip in his hand with his finger.
This is very important. We don't want the company to be established and Green to end up in jail for five years because of tax issues.
Although this had little to do with him as a lawyer, as a professional he felt he had to remind Green to do the right thing.
Despite his Wall Street elite appearance, Green is still, at heart, a financial professional from his previous life living in China, where the tax systems are diametrically opposed.
He can make a fortune from the stock market in just one year, but how about clarifying the US tax law?
He is a time traveler, not an omnipotent prophet.
So when Maurice raised this question, he was also very troubled.
He had thought about this problem countless times, but still couldn't find a good solution.
You'll Also Like
-
My stats are higher than yours!
Chapter 177 3 hours ago -
Naruto: Random Flying Thunder God Technique? Intercepting the Dark-Dark Fruit
Chapter 168 3 hours ago -
Fairy Tail: Capturing the Demon Mirajane at the Start
Chapter 107 3 hours ago -
For horse racers, making money is victory!
Chapter 195 3 hours ago -
One Piece: The story was spoiled for Im Saint right from the start.
Chapter 211 3 hours ago -
If you dress up as a cute boy, can you do whatever you want just by acting cute?
Chapter 187 3 hours ago -
One Piece: Space-Space Fruit, Joining the Rocks Crew
Chapter 234 3 hours ago -
Famine and Chaos: Weaving Cloth in Exile to Escape the War
Chapter 142 3 hours ago -
Wasn't he supposed to be beaten to death? Why did this powerful cousin love him so much?
Chapter 3000 3 hours ago -
I became an immortal on earth.
Chapter 481 3 hours ago