China Limited Liability Company (LLC) Invoice

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Phone 65 6735 0120Cell 65 9123 7743skype id healyconsultantsEmail [email protected] www.healyconsultants.comChina Limited Liability Company (LLC) InvoiceMuhamad Company IncCompany Reg. No.: 201623711RIndiaInvoice No: 2018 – 05 – 003pDate: Friday, December 21, 2018Professional services for China LLC (without travel)NotesYear 1US Year 2 US China company formation fees (without travel)1.6,4000Assistance to locate office premises in China2.9500Estimate China Government registration fees3.550550China Tax registration fees4.9500China corporate bank account opening fees (without travel)5.4,9500Project management fees for a 4-month engagement6.3,8500Estimate of annual accounting, audit and tax fees7.04,950Total funds transfer required within this month8.17,6500Estimate of total Healy Consultants fees payable after 12 months9.5,500Note: I recommend you carefully read the notes within the attached draft invoices to confirm and understand allservices required by your Firm, eliminating the risk of unwanted fee surprises during the engagement;HEALY CONSULTANTS GROUP HOLDING PLCSINGAPORE UEN: 201623711RPage 1 of 7

Phone 65 6735 0120Cell 65 9123 7743skype id healyconsultantsEmail [email protected] www.healyconsultants.comChina Limited Liability Company (LLC) InvoiceNotes to invoice above1. Healy Consultants Group PLC fees to efficiently and effectively complete Chinese company registrationwithin 4 months by i) supply MA&A for our Client’s business activities; ii) reserving a company name withState Administration of Industry and Commerce; iii) settling our accountant and lawyer fees and iv)preparing a high quality company incorporation application for State Administration of Industry andCommerce and Ministry of Commerce and Labor Department;All engagement fees (click link) are agreed and paid up front and agree to the feespublished on our country web pages. Consequently, there are no hidden fees orsurprises or ambushes throughout the engagement. All engagement deadlines areagreed up front in the form of a detailed project plan, mapping out deliverables byweek throughout the engagement term;Every week during the engagement, Healy Consultants Group PLC will email our Client a detailed statusupdate. Our Client is immediately informed of engagement problems together with solutions. Yourdedicated engagement manager is reachable by phone, Skype, live chat and email and will communicatein your preferred language;2. Before company incorporation is complete, the Chinese Government must review and approve a leaseagreement for office premises. If your Firm requires this service from Healy Consultants Group PLC, ourone-time fee amounts to US 950. The monthly rent thereafter will be paid independently and directly to thelandlord by our Client. An estimate of such rental for a space of 10 sqm is US 1,500 per month;3. This fee is an estimate of Government costs payable during your Firm’s engagement. All Government feepayments will be supported by original receipts and invoices. Examples of Government costs include i)reserving the company name with the State Administration of Industry and Commerce (click link); ii)applying for Business Approval with the State Administration of Industry and Commerce; iii) issuance ofCapital Verification Report and iv) registering the company with the Ministry of Commerce and LaborDepartment. Following engagement completion, Healy Consultants Group PLC will refund our Client anyexcess of funds received over actual Government costs paid;4. In accordance with Chinese Company Law (click link), every Chinese Company is obliged to register forVAT, Business Tax and Corporate Income tax with the State Administration of Taxation in order to have itsregistration status recognized;5. Healy Consultants Group PLC will be pleased to open a Chinese corporate bank account without travel. Itis a time-consuming task; Healy Consultants Group PLC will shelter our Client from the administrativechallenges. As you can appreciate, it is a difficult task to obtain bank account approval through a newlyformed company, when shareholders and directors and bank signatories reside overseas. Depending onour Client business and nationality, there is a 20% probability the banks will request a bank signatory totravel for a one-hour bank interview. Healy Consultants Group PLC will try its best to negotiate with thebank for a travel exemption. If our Client must travel to China for corporate bank account opening, HealyConsultants Group PLC will refund our Client US 950;HEALY CONSULTANTS GROUP HOLDING PLCSINGAPORE UEN: 201623711RPage 2 of 7

Phone 65 6735 0120Cell 65 9123 7743skype id healyconsultantsEmail [email protected] www.healyconsultants.comChina Limited Liability Company (LLC) InvoiceIf our Client is not comfortable with only a Chinese corporate bank account, Healy Consultants Group PLCwill be pleased to open an international corporate bank account (click link) outside of China. Examplesinclude New York, Germany, Liechtenstein, Austria, Bulgaria, South Africa, Australia, London, SouthAmerica or Dubai. All banks will be top tier banks in these countries with excellent internet banking services.Example of our global banking partners include HSBC, Standard Chartered Bank, Citibank, Barclays, ABNAmro, Bank of China, ANZ bank, Standard Bank, UBS, Credit Suisse;Healy Consultants Group PLC will prepare a business plan for the bank to optimize the probability ofcorporate bank account approval. However, the banks enjoy ultimate power of approval of corporate bankaccount applications. Consequently, guaranteed success is outside of Healy Consultants Group PLC’control. What is inside our control is the preparation and submission of a high-quality bank application thatmaximizes the likelihood of approval;Global banks continue to tighten corporate bank account opening procedures, their internal compliancedepartments completing more thorough due diligence of Clients. Furthermore, commercial banks in Chinaare legally required to secure approval from the Central Bank before issuing corporate bank accountnumbers. Consequently, our Clients should expect the bank account approval period to take at least 2months from submisssion of a complete quality application. Furthermore, global banks now requireevidence of proof of business in the country where the corporate bank account will be, including salescontracts or lease agreement;6. Healy Consultants Group PLC project management fees relate to time and resources dedicated to:a. thoroughly research and plan Chinese business set up for our client;b. devising strategies to i) minimise the total engagement period ii) complete the engagement without ourclient travelling iii) avoid the need for a Chinese national shareholder and iv) avoid the need for aspecific regulatory license;c. agreeing the optimum corporate structure with our client;d. submitting a high-quality company incorporation application to the State Administration of Industry andCommerce;e. choosing the optimum regulatory license for our client business activities (if required);f. injecting the paid up share capital on our client’s behalf;g. collating and supervising the legalisation and attestation and translation of Client documents;h. weekly detailed engagement status updates to our client and weekly Friday conference calls;i. payment of retainer fees to multiple local lawyers and accountants;HEALY CONSULTANTS GROUP HOLDING PLCSINGAPORE UEN: 201623711RPage 3 of 7

Phone 65 6735 0120Cell 65 9123 7743skype id healyconsultantsEmail [email protected] www.healyconsultants.comChina Limited Liability Company (LLC) Invoicej.ensuring our client complies with local regulations and legally owns and controls the new entity;k.ascertain the specific accounting, tax, legal and compliance considerations;l.finding solutions to challenges that occur throughout the engagement;m. determining the local and international tax obligations of the new entity, including corporate income tax,payroll taxes, withholding tax and sales taxes.7. For an active trading company, these accounting, audit and tax (click link) feesare an estimate of Healy Consultants Group PLC fees to efficiently and effectivelydischarge your annual company accounting, audit and tax obligations. Followingreceipt of a set of draft accounting numbers from your company, HealyConsultants Group PLC will more accurately advise accounting, audit and taxfees.8. All fees quoted in this invoice correspond to fees quoted on Healy Consultants Group PLC’ website. Pleasereview this invoice carefully to identify errors. During the rush of the business day, it is possible that HealyConsultants Group PLC inadvertently made fee calculation errors, typing errors or omitted services oromitted historic fee payments from Clients. In the unfortunate event you identify invoice errors, pleaserevert to me directly re the same. I apologize in advance if I or my staff made invoice errors;9. Assuming our Clients re-engage Healy Consultants Group PLC in year 2, this fee is an estimate of the feespayable next year, 12 months after the date of company registration;10. Engage Healy Consultants Group PLC to project manage business set up in every country on the planet.We are the best in the world at what we do, timely completing the A to Z of every country engagement;11. The fees quoted in this invoice are a prediction of the fees required to efficiently and effectively completethis engagement in a timely manner. If during the engagement Healy Consultants Group PLC realizes thatthe project is more complex than anticipated, requiring a large additional investment of time, my Firm willrevert to request additional fees;12. In accordance with Chinese Company Law (click link), the minimum share capital of a Chinese LLCcompany is US 1. However, in order to optimize engagement efficiency and smooth the incorporationprocess, it is recommended to have a minimum capital of US 15,000 and US 140,000 depending on theindustry and the province of registration. Our Client can pay up this capital by depositing 100% of thiscapital within 5 years after the date of incorporation. The paid-up capital must be audited by a certifiedpublic accounting firm in China to verify that this capital is contributed in accordance to China CompanyLaw;HEALY CONSULTANTS GROUP HOLDING PLCSINGAPORE UEN: 201623711RPage 4 of 7

Phone 65 6735 0120Cell 65 9123 7743skype id healyconsultantsEmail [email protected] www.healyconsultants.comChina Limited Liability Company (LLC) Invoice13. It is compulsory for every China company to appoint a Supervisor. To minimize complexity, HealyConsultants Group PLC recommends our Client appoint one staff member already in China. If our Client isuncomfortable or unable to adopt this strategy, Healy Consultants Group PLC will provide nomineeservices. Our annual fee for the same is US 4,800 per nominee;14.If our Client and Healy Consultants Group PLC properly plan thisengagement, our Clients' will not have to travel during this engagement.Healy Consultants Group PLC will efficiently and effectively andaggressively complete company registration and corporate bank accountopening in a timely manner without our Client’s presence. Instead, ourClient will need to i) sign and get documents legalized in the embassy intheir country of origin and ii) courier the originals to Healy ConsultantsGroup PLC office;15. It is important our Clients are aware of their personal and corporate tax obligations in their country ofresidence and domicile. Let us know if you need Healy Consultants Group PLC help to clarify your localand international annual tax reporting obligations;16. In accordance to Chinese Foreign Investment Index, the Chinese Government may require one residentshareholder with specifice shareholdings to carry on business in restricted industries in the country. Ifrequired, Healy Consultants Group PLC will be pleased to provide your firm with a professional nomineeshareholder in China. Our fee amounts to US 4,800 per annum;17. Healy Consultants Group PLC will be pleased to assist your firm to secure employee visa approvals. Ourfee is US 5,950 for the first employee, US 4,950 for the second employee, US 3,950 per employeethereafter. Our employee visa fees include preparation of a quality visa application and submitting to thecorrect Government immigration officers. The Government enjoys ultimate power of approval of visaapplications. Consequently, guaranteed success is outside of Healy Consultants Group PLC’ control. Whatis inside our control is the preparation and submission of a high-quality immigration visa application thatmaximizes the likelihood of visa approval;18. Depending on our Client’s business and nationality, the Chinese Government may require a specialregulatory license to carry on your business in the country. Healy Consultants Group PLC will assist ourClient secure license approval; there may be additional engagement fees. However, the Governmentenjoys ultimate power of approval of company registrations and business licenses;19. If our Client requires non-resident nominee shareholder and director services (click link), Healy ConsultantsGroup PLC will be pleased to assist. Our fee for professional, passive nominee non-resident corporateshareholder amounts to US 2,100 per annum. Our fee to be both non-resident nominee director andshareholder amounts to US 6,600 per annum. Being the sole shareholders and sole director of a Client’scompany exposes Healy Consultants Group PLC to reputation, litigation and financial risk;HEALY CONSULTANTS GROUP HOLDING PLCSINGAPORE UEN: 201623711RPage 5 of 7

Phone 65 6735 0120Cell 65 9123 7743skype id healyconsultantsEmail [email protected] www.healyconsultants.comChina Limited Liability Company (LLC) Invoice20. Monthly, quarterly and mid-year Government tax obligations include monthly and quarterly payroll reporting,VAT and corporation tax return filing. If you need our help, Healy Consultants Group PLC can completemonthly Government reporting for a monthly fee of US 860. Healy Consultants Group PLC monthlysupport will include i) receive in dropbox the monthly invoices from our client ii) label monthly bankstatement transactions iii) preparation and submission of VAT returns and iv) submission of monthlyemployee payroll reporting;21. Some of our Clients' require an immediate country solution. With this strategy, within a day HealyConsultants Group PLC can supply our Client i) an existing dormant Chinese company number and ii) analready approved Chinese corporate bank account number and iii) a business address. Turnkey solutionsare attractive to those entrepreneurs who wish to immediately close a country deal, sign a contract orinvoice a customer;22. Some of our Clients' engage Healy Consultants Group PLC to recruit (click link) local employees. We havea lot of experience in this area and we are quite skilled at securing quality candidates for our Clients';23. During the engagement, shareholders and directors’ documents may need to be translated into the locallanguage; before the Government and Bank approves company registration and corporate bank accountopening respectively. Consequently, our Client should budget for possible additional translation andembassy attestation fees. Either our Client or Healy Consultants Group PLC can complete thisadministrative task;As always, Healy Consultants Group PLC will negotiate with all third parties to eliminate or reduceadditional engagement costs. For transparency purposes, all third-party fee payments will be supported byoriginal receipts and invoices. Examples of possible third-party payments include i) embassy fees ii) notarypublic costs iii) official translator fees;24. As stipulated on our business website and in section 3 of our engagement letter, Healy Consultants GroupPLC will only commence the engagement following i) settlement of our fees and ii) completion and signingof our legal engagement letter;25. Healy Consultants Group PLC will only incorporate your company after 75% of due diligencedocumentation is received by email. Healy Consultants Group PLC will only open a corporate bankaccount after 100% of the Client’s original due diligence documentation is received by courier;26. During the annual renewal engagement with our Client, our in-house Legal and Compliance Department(click link) reviews the quality and completeness of our Client file. Consequently, Healy Consultants GroupPLC may revert to our Client to ask for more up to date due diligence documentation;27. To assist our Clients to minimize foreign exchange costs, we offer the payment in SG , Euro, Pounds orUS . Kindly let me know in which currency your Firm prefers to settle our fees and I will send an updatedinvoice, thank you;HEALY CONSULTANTS GROUP HOLDING PLCSINGAPORE UEN: 201623711RPage 6 of 7

Phone 65 6735 0120Cell 65 9123 7743skype id healyconsultantsEmail [email protected] www.healyconsultants.comChina Limited Liability Company (LLC) InvoiceThank you for your business and we look forward to working closely with you over the coming weeks as weengineer your China corporate structure.Best regardsAidan HealyAidan HealyBusiness ownerHealy Consultants GroupTel:( 86) 10 8783 3338 (direct)Address:Room 1623, YunSun Tower 2025 Zhongshan Rd West, Xuhui DistrictSkype:healyconsultantsConfidentiality NoticeThis transmission and accompanying files contain confidential information intended for a specific individual andpurpose. This transmission is private and confidential. If you are not the intended recipient, you are herebynotified that any disclosure, copying or distribution or the taking of any action based on the contents of thisinformation is strictly prohibited. Please contact the sender if you have received this mail and you are not theintended recipient.HEALY CONSULTANTS GROUP HOLDING PLCSINGAPORE UEN: 201623711RPage 7 of 7

receipt of a set of draft accounting numbers from your company, Healy Consultants Group PLC will more accurately advise accounting, audit and tax fees. 8. All fees quoted in this invoice correspond to fees quoted on Healy Consultants Group PLC’ website. Please review th