Confused about Premium Membership

I'm considering signing up for premium membership, but something leaves me confused:

"The first registration (country or enterprise) is free and included in the membership. Each additional empire requires a payment of 30 Gold Coins per month."

I already have an enterprise as part of Free Membership, when signing up for a country as well (which would be the entire point of Premium as I see it) will I be charged 30 extra gold coins per month or is the "first registration" meant as in addition to what I already had?

Also, if I do later use my country to form an empire will it be limited only by how many I can conquer or will I be charged 30 gold coins for each new memberstate?

You will pay 30 gc per month for your country but you can conquer as many as you like for that price, your Ceo will br free

The CEO is already free.

So essentially I have to pay (membership) for the privilege of paying (added country) in order to get more than what was already free.

Essentially 2 subscriptions...

That's an oversimplification really. Yes the CEO was akready free but you play a very limited version of the game only with a CEO. For instance, you can't climb game levels and earn GC rewards this way. Even if you play only as a president, you miss out on a bunch of features, like being able to expand your empire (two country empires is the limit as I remember). As for paying, if your're good and learn the game and earn rewards, it will esentially pay itself (except for the subscription of course - I mean the 30 GC per month).