Simcountry is a multiplayer Internet game in which you are the president, commander in chief, and industrial leader. You have to make the tough decisions about cutting or raising taxes, how to allocate the federal budget, what kind of infrastructure you want, etc..
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Private vs Public Corporations

Topics: Golden Rainbow: Private vs Public Corporations


Monday, December 3, 2012 - 02:28 pm Click here to edit this post
I have made a couple of my corporations public just to see what happens. I would like to ask for advise on whether to keep corps private or public. thx


Tuesday, December 4, 2012 - 01:31 am Click here to edit this post
The strength of public corps depends on whether they are country or enterprise controlled corps and where the shares are.

Generally public corps are more profitable, but there are exceptions.

Profits/dividends are paid to shareholder pro-rata so, if your enterprise owns a public corp with less % shares held than the enterprise tax that needs to be paid then the enterprise will lose money. This is because the enterprise pays approx **20% tax on the total profit of the corp not a % of the profit based on the % of shares held.

**recent game change means this value may be inaccurate


Tuesday, December 4, 2012 - 04:47 am Click here to edit this post
They are my country controlled corp...I have many corps that would do well as public, but wasnt sure how that work for me in long run. The public corps I have I own 85% on all. Im trying to decide if I want to make more corps public...looking for a little advice :)


Tuesday, December 4, 2012 - 04:08 pm Click here to edit this post
Keep them as state corps I would say. I am biased, I like state corps in the main, most I can make pay more than private (CRU) anyway, contrary to popular opinion banded about the forums.

When you sell the 15% of shares, like you have done in your publics, all you really have done is received a one time payment for those shares and now that 15% of profit will go to some other entity every month.

If you have or plan on getting an enterprise then you can use the IPOing tool quite successfully by sharing the shares between country and enterprise and this also allows you to upgrade your corps further (to 225 initially) and so make higher Q products or the same Q products with cheaper supplies. It increases profit done right.

Without an ent' you are just selling your future by random IPOing.


Wednesday, December 5, 2012 - 01:27 am Click here to edit this post
what crafty said especially keep all the shares of your corps within your empire.


Monday, December 10, 2012 - 02:30 pm Click here to edit this post
One last question. Since I have a few corps that I had made public and have approx 95% ownership on the corps pay the country part of the profits as well as dividends or are the divends paid only


Monday, December 10, 2012 - 08:01 pm Click here to edit this post
Both 95% of the divedends go to your country

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