The practice of sagely virtue by the Emperor-in-Assembly shall lead to the self-transformation of citizens and effortless, non-interventionist, governance. The legislative endeavours of the Commonwealth Assembly shall aim to minimise control over society, intervention in the market economy, trade, and the lives of citizens. The Acts enacted by the Commonwealth Assembly shall seek to facilitate the citizens in leading convenient lives.
Article IV(12), Constitution of the Myeong Commonwealth
START YOUR BUSINESS IN THE MYEONG COMMONWEALTH
The Myeong Commonwealth represents a liberated, unhindered, common marketplace comprised of various voluntarily affiliated member entities, offering abundant business prospects. By integrating your project into a business within the Myeong Commonwealth, your enterprise will operate under the jurisdiction and laws of the Commonwealth. Simply complete the form below to proceed, with no registration fees, bureaucratic hurdles, or risks of privacy breaches.
The Myeong Commonwealth adheres to a 0% corporate tax policy, refraining from taxing corporations. This common law confederation is constitutionally bound to practice 'effortless' governance, somewhat akin to the laissez-faire principle in economics, under the rule of law, which protects constitutional rights. Under the common market of the Commonwealth, there are no trade barriers or tariffs between Provinces, Protectorates, and Associated States, which also use a common currency, the Myeong Won, tagged to the US Dollar at 1:1. The Commonwealth's Constitution prohibits government interference in business operations unless they contravene constitutional provisions. Moreover, an independent Supreme Court of Justice and its dedicated Court of Chancery is in place to safeguard the rights and interests of investors and companies guaranteed by a rigorous legal framework.