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Region: New Coalition of Nations
That's only to be publicly traded within the Grand Duchy. The few private companies are 100% owned by who ever started it. To qualify for business subsidies you have to be publicly traded or have stock available to buy. My government promotes local "native" industry by things like Tariffs on non native goods (must use at least 50% built by or using midgari resources) sales taxes, corporate taxes and regulations (basically fines, registration and fees)
I'm debating on if I allow my government to take over patients developed by failed businesses. Should a company buy another company through the other company going out of business they use the patient free for a period of 3 years. A company could pay the government the right to use the patient for a set price per year.
My idea is the greater our taxes on trade or foreign profits from trade potentially lowers the need to force taxes on our businesses. That increases what we get through the stock dividends. The business subsidies are probably through favored low interest loans were the government makes a small profit. It's why RP wise I need the KU somewhat friendly or on good trading terms so more money could feed the system. The more taxes or fees gained by trade then the more my government probably looks the other way if businesses don't follow regulations to the letter.