Mordusia

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Finance Today {Allister Media}

Kundrati companies find new home in Mordusia

Kundrati corporate friends welcomed to Mordusia by business minister: ''we welcome them with open arms''

1 March 5584 (backdated)

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Randworth - Though the shock of whats going on in the Kundrati Union under the terrible regime of the junta there, the Commonwealth Government has said that it was a welcome sight and positive boost to the government and business confidence in the nation to see key Kundrati companies such as the Etxea Bank and Tomasadyn National to move their operations and headquarters to the Commonwealth. The Minister of Trade, Industry & Business Affairs said: ''We welcome them with open arms and will help those that move with them settle in Mordusia without much problems''. 

Both companies feared the nationalisation by the junta and fled the country as soon as was possible. The government recognised this fear and has allowed the companies to set up shop in Mordusia without any barrier. The companies will be exampt from normal taxation for a year to set up their businesses, after that they will be paying a reduced corporation tax of 8% instead 10% for two years to accomodate their transition. Afterwards they will be beholden to the Commonwealth laws.

It is shocking to see a nation losing such valued companies due to overzealous and quite extreme thoughts, even scaring its own people into fleeing. The Commonwealth there for is to be praised that it as a member of the Luthorian Commonwealth is part of a family of nations that share the values of democracy, freedom and the right to own property, where a government doesnt needlessly involve itself in the affairs of the individual. The Ministry has stated that as is usual, the Kundrati companies will remain private companies and that their companies will be registered with the Chamber of Commerce.  

Original article: https://forum.prtcy.com/thread-15-post-2...ml#pid2816