FEZE - Free Economic Zone of Egypt
Day 2,947, 05:02
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Published in Egypt 
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by
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by Unik.
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My Dear Friends
when i wrote my last article i planed to make this one more informative with a lot of charts and diagrams where we could evaluate our manufacturing capabilities but infortunately i have to write a blank page
😃
The reason is that as I find out we dont have any manufacturers in Egyp.
only 4 person have filled my form, thank you for that guys:
ELLHN MAXHTHC
misterofall
Champ is here
Don Mishko
we dont have population to get taxes so the only way i see is to make our Taxes minimum as it is possible by game mechanics.
I want to offer you make all Taxes minimum.
this will help our population to produce product much cheaper and more important.
Lets ask our foreigner friends who have manufacturing to buy Egyptian Market License and sell product here, because we have the lowest taxes in the world.
we promise to maintain them.
Guys invest in Egypt and Trade on Free Economy zone where there is no taxes.
I want to ask Government members to back me and write in comments their opinions.
dont worry for budget we dont have it anyway
😃
Thank you again
your faithful Thomas (tomm)
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Comments
1st 🙂
this is a great idea!!
We did already ...Let's see what will happen...o/
http://www.erepublik.com/en/country/economy/Egypt
Decrease VAT and Work Tax too.
the budget will die but it is already 30K per month 😃
We don't have workers except multie so work tax is ok...
If we decrease all.... Our income will be 0
i know it will be 0. but 10% is too much.
for a country like Egypt 3-5% is normal.
cause it is unprofitable to work as manager in factory. better to buy in market.
so VAT 1% on weps is good.
food is nothing
Our main income is from work tax... We have no manager 🙂
work tax is the manager too.
see the average salary
so when a person produce something in his raw material factory he pays work tax % of average salary
so work tax effects on salary % and also Manager workers %.
so 80% of the budget will be by work tax
i agree.
the same is in all small countries
but we dont have population
So let's multies pay tax XD We have no population as you said...
we don't have any producer even...
the problem is my friend we dont have multies too 😃
i work in egypt for a 50cc salary. only 45cc goes to my pocket. working my companies as a manager is 5.08cc per company. work tax is too high and i loose money working. the only reason i do it is not to be a traitor by going to work in serbia/romania where salaries are 90+cc.
we need to lower work tax to minimum. this way it will be profitable to work and i can once again buy houses and work overtime again. if we minimize taxes, the market will become alive again and in the end we will make more money as a country and a government 😉
i vote to put all taxes at 1%, both work tax and vat tax. this way we can create the incentive to bring more players to Egypt and create more jobs 😉
my friend, lowering the taxes will lower the income to 0. You don't have to work for 50cc there is a job which pays 80cc so you can apply for it.
i also think that we need to lower the working tax even to 7%
as it is cheaper to buy any raw material than to produce it in companies
and it will be more profitable to take 7% from working than taking 1% from selling it in the market
and we should work on increasing our population
voted
that's why we needed manufacturers to feel out that form, once we know how many employees you have, how many you can hire, we will try our best to help you guys, our plan is not only to make people work in Egypt but to help manufacturers as well and if necessary subsidize employer's expenses. It's a process , economy is not fixed within days
The main problem now is the lack of players, but if everything goes as planned we will have a little surprise for Egyptians 🙂
i also fill your form but u didnot mention my name
-- only 4 person have filled my form
Can i fill it now?! or too late? 😛
you can
So here in Egypt you want lower all taxes so everyone can sell their products and makes personal gain, why you did not allow Georgians to do that??