My father is Jiajing

Chapter 362 New Laws of the Special Administrative Region
Of course, having all this is not enough.

Because if a bank wants to operate, it must have something to rely on.

It requires long-term credibility support, otherwise the market will not believe it.

You must know that whether it is the Shanxi merchants or the Yangzhou salt merchants, the main reason why the silver banks they opened were able to become famous in their respective regions is that the merchants in the two places are trustworthy and strong enough.

Otherwise, who would dare to deposit their life and property in their bank for circulation?
From this we can see that if you want to run a bank, in addition to having strength, you must also have credibility!
Therefore, the first step Zhu Zaigui formulated for the Beijing Development Bank was the credit plan.

Zhu Zaigui instructed Shunyi Industrial Park to place an advertisement in the latest issue of "Da Ming Feng Hua", which roughly meant that as a major shareholder of Beijing Development Bank, Shunyi Industrial Park would assume the responsibility for all repayments of Beijing Development Bank.

With the publicity from "Da Ming Feng Hua" magazine and the guarantee from Shunyi Industrial Park, Beijing Special Economic Zone Development Bank has attracted a lot of attention even before it has chosen a site and opened for business.

All the dignitaries and common people in the capital knew that a money shop called "Beijing Special District Development Bank" was about to open.

The nobles and ordinary people in the capital all thought that there was nothing wrong with opening a money house in Shunyi Industrial Park. After all, the strength of Shunyi Industrial Park had been there over the years.

If it were to start opening a money shop, it would probably be like the money shops of Shanxi merchants and salt merchants, which are strong money shops that can guarantee their repayments.

Therefore, the emergence of the Beijing Special District Development Bank did not make much of a difference to everyone. They just regarded it as another powerful bank appearing in the Beijing market.

At the same time, the existing Shanxi merchants' silver banks and salt merchants' silver banks in the capital did not take it seriously.

Anyway, in their perception, no matter how strong Shunyi Industrial Park is, it is just a big business that has suddenly become popular in recent years. But compared with their business forces that have been operating for hundreds of years and whose network of relationships has long spread throughout the Ming Dynasty, Shunyi Industrial Park is just a little baby who has just learned to crawl and is not worth worrying about at all.

But what he didn't know was that the Beijing Special Economic Zone Development Bank had a strength certification that they had never had!
The Beijing Special Economic Zone Development Bank is a giant that can set the industry scale and influence the court's decision-making to a certain extent.

Now it looks cute and harmless.

Once the Beijing Special District Development Bank uses its power beyond business, the banks of Shanxi merchants and salt merchants will be no match for it.

Therefore, in a situation where no one knows the future yet, a financial change and financial storm have quietly arrived!

After half a month of preparation, the Beijing Special Economic Zone Development Bank finally opened in a conspicuous building outside Chongwenmen.

On the opening day, representatives from the Ministry of Revenue, Shuntian Prefecture, the palace, and Prince Yu's Mansion came to cut the ribbon.

At the same time, representatives of dealers from all over the country also attended the event to show their goodwill to Shunyi Industrial Park.

As a result, the outer city of the capital outside Chongwenmen, which was originally a large construction site, suddenly became lively. Gao Gong, the first president of the Beijing Special District Development Bank specially appointed by Zhu Zaigui, also stood in the middle of the crowd at this moment to accept the congratulations of those who came and went.

Representatives of the Shanxi merchants' silver bank and the salt merchants' silver bank felt that the world had gone crazy when they saw that an official from the imperial court, who came from a noble family, had condescended to become the manager of a silver bank.

Is this the Special Administrative Region?
Is it really possible to have no taboos?
The wealthy merchants from outside the capital had also heard all the rumors and hearsay about the Special Zone before, but their biggest reaction after hearing it was indifference. They felt that this was just a stopgap measure of the court and that the court wanted to cheat them, the merchants who worked so hard to do business, out of their money.

But now when they saw that a fourth-rank official of the Taichang Temple was actually the manager of a silver bank, they were shocked!
It seems that the imperial court is serious about this!
As the first president of the Beijing Special District Development Bank and the owner of this place, Gao Gong also expressed his welcome with a cheerful face to the various people who came and went to support the Beijing Special District Development Bank.

When most people had arrived, it was finally time for Gao Gong to start his performance.

Gao Gong stood on a podium that had been set up in advance and welcomed the guests: "I am Gao Gong, the Junior Minister of the Imperial Palace, the Governor of the Special Zone and the first President of the Beijing Special Zone Development Bank. I would like to welcome you all to the opening ceremony of the Beijing Special Zone Development Bank in your busy schedule."

"The Beijing Special District is a special district specially established by the court to reflect the style of the Ming Dynasty. This district has the right of independent autonomy for 50 years, and officials must not kneel before them! According to the special district system issued by the court, from now on, that is, from the establishment of the Beijing Special District Development Bank, all merchants and caravans traveling within the jurisdiction of the Beijing Special District will be exempted from city taxes and will be charged sales tax and business tax instead."

"That is to say, merchants doing business in the Beijing Special District, whether they are big merchants or ordinary people, will no longer be charged any entry tax when entering and leaving the Beijing Special District. From now on, how much money you can earn in the Beijing Special District will depend entirely on your ability."

"Of course, when making money, don't forget the agreement on sales tax and business tax. These two taxes are implemented in a tiered tax system. If the monthly sales or business is less than 50 taels, no tax is imposed. If the monthly sales or business is more than 50 taels but less than 500 taels, a tax of 15% will be imposed. If the monthly sales or business is more than 500 taels but less than 2,000 taels, a tax of 18% will be imposed. If the monthly sales or business is more than 2,000 taels, a tax of 15% will be imposed. This tax law is tentatively scheduled to be implemented for ten years."

"Ten years later, the Special District will adjust the tax system based on actual conditions, and the adjustment will not exceed 50% of the current tax system! However, the condition for all this is that all tax payments must be based on the bank statements issued by the Beijing Special District Development Bank. If there are any frauds, the Special District government will punish them according to the Special District Management Regulations."

As soon as Gao Gong said this, the businessmen present started to think frantically.

The new tax system announced by Gao Gong seemed very high at first glance, but actual businessmen who did business knew that it was actually very low.

You have to know that when doing business outside, you have to pay a toll every time you pass through a checkpoint, and every time you enter a city, you have to pay an advance tax based on the value of the goods you are transporting.

If something goes wrong and the goods cannot be sold, then the loss of this trip will be a complete loss.

But if you follow the management regulations of the Beijing Special District, you can do business in the Beijing Special District without paying any city entry tax, then the protection will be much greater.

So after some thought and calculation, everyone felt that the tax laws in the Beijing Special Administrative Region were advantageous.

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Asking for a monthly ticket.

(End of this chapter)