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Wahaha


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« ETHICAL » RATING OF WAHAHA , group and subsidiaries [?]
2
Delinquency: 2 act(s) of financial or trade delinquency
2
Tax haven, secret bank account, shell companies: operates in 2 offshore financial center(s)

World locations & Manufacturing

country incentive : address & contact : production type
source
British Virgin Islands Offshore finance, secret bank account, tax haven, shell companies or free zone(s) : Production, 8 sociétés contrôlant le réseau de vente parallèle mis en place par Zong Qinghou, co-propriétaire de la coentreprise Danone-Wahaha. Les Echos
American Samoa Offshore finance, secret bank account, tax haven, shell companies or free zone(s) : Production, 2 sociétés contrôlant le réseau de vente parallèle mis en place par Zong Qinghou, co-propriétaire de la coentreprise Danone-Wahaha. Les Echos

Financials

yearfinancial misdemeanor source
2007 The president de Wahaha, Zong Qinghou, "did not state the whole of his incomes to the tax department during several years". He is the subject of an investigation for tax avoidance from 42,9 million dollars.     L'Expansio.
2007 After investigation, Danone discovers a series of companies created by the Wahaha president, Zong Qinghou, not appearing in the common accounts of the Danone-Wahaha joint-venture, but exploiting the same market and the same brand as the joint-venture. Danone considers its loss of earnings to 100 million dollars.     AFP

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