Becoming Rich with Daily Scavenging APP-Chapter 480: Serbia

Serbia, Chen Yiyang had heard about this country many times in the news.

But he really hadn’t looked into it in detail.

"Bro, I did a detailed study before coming to you. Serbia is absolutely suitable for your investment," Schaefer, worried that Chen Yiyang might reject him outright, continued.

"There’s a 30-day visa-free policy for your country in Serbia, and the import tax on machinery is incredibly low.

More importantly, 93% of locally produced goods in Serbia can enter the EU market tax-free."

Schaefer’s last sentence was the key of the key points.

Serbia is a landlocked country, and transporting goods to Serbia requires going through ports in other countries.

This is Serbia’s biggest disadvantage.

But other than that, the conditions in Serbia are pretty good.

The domestic situation is stable, and there hasn’t been any extreme violence or terrorist attacks for a long time.

There are many agreements with the EU, and investment in building factories in Serbia is not only cheaper than in the EU but also similarly convenient to other EU countries.

"Alright then." Chen Yiyang thought for a moment and said, "How about I handle domestic matters first, and then take a trip to Serbia?"

"No problem," Schaefer replied readily. "Call me when you’re ready, and we’ll go to Serbia together."

A few days after ending his call with Schaefer, Chen Yiyang also bid farewell to Gena.

The cooperation with Russia was now directly handled by both sides, rendering Chen Yiyang and Gena unnecessary.

With some time on his hands, Chen Yiyang took a trip to the Imperial Capital.

This time in the Imperial Capital was mainly related to entertainment industry matters.

Previously, during the launch of the Baize Lingguang by Yiyang Automobile, many friends in the entertainment circle promoted it for free.

Chen Yiyang felt indebted to them, so he came to the Imperial Capital to reconnect and socialize.

Upon arriving in the Imperial Capital, Chen Yiyang first met with Xu Baoqiang and Chen Sicheng.

The last time Chen Yiyang saw them was in Thailand.

At that time, Chen Sicheng had hoped that if his movie couldn’t pass the review, Chen Yiyang could lend a hand.

Fortunately, the movie passed the review smoothly, so Chen Yiyang didn’t follow up on it.

Now the movie had been released a while ago, and its box office was doing well.

"For your next movie, let the actors under me have a part," Chen Yiyang casually requested during a chat.

"No problem," Chen Sicheng agreed without hesitation.

As a businessman, Chen Sicheng understood the influence of Chen Yiyang. Helping Chen Yiyang would be beneficial, and there would be future opportunities to cash in on this favor.

"By the way," Chen Yiyang turned to Xu Baoqiang to ask.

"How’s the movie you were preparing, In the Octagon, coming along?"

"We’ve started shooting," Xu Baoqiang replied, a bit lacking in confidence.

After all, the movies he directed before were quite terrible.

This movie also involved investment from Chen Yiyang; if it flopped again, he felt he might never make another movie.

So, Xu Baoqiang took the initiative to steer the conversation, hoping to talk about something else.

"By the way, during the preparation, there were some interesting occurrences."

Xu Baoqiang said, "Since this movie requires professionals in fighting, we reached out to a fighting club, hoping to spend several hundred thousand for their help in training the young actors.

Unexpectedly, the owner of the club demanded 5% of the box office as compensation."

"How much?" Chen Yiyang was a bit dumbfounded.

5% of the box office, they really dared to ask.

The box office isn’t net profit; it’s at best gross revenue.

Many costs need to be deducted from it, such as cinema shares, various taxes, actors’ fees, and filming costs.

Typically, only about 30% of the box office becomes profit for the movie producers.

And this profit has to cover production costs.

Ultimately, for a blockbuster movie, the investors might only get around 20% of the box office.

Yet, the owner of this club directly asked for 5% of the box office.

As if everyone involved in the movie making, along with the investors, were working for him.

"If they demand such conditions, it shows they don’t understand the film industry at all. This could easily lead to misunderstandings, so it’s crucial to perfect the contracts to avoid being bitten back later,"

Chen Sicheng advised Xu Baoqiang with firsthand experience.

"I’m aware of that," Xu Baoqiang nodded. "I’ve backed up all the contracts and chat records.

Even for the amateur actors we hired for the movie, I’ve signed comprehensive contracts with them to avoid any future disputes."

Though Xu Baoqiang appeared simple, he was actually quite shrewd.

It’s just unclear how he managed to stumble so badly with his wife.

"It’s not just to avoid disputes," Chen Sicheng, who’s seen plenty of these situations, stated directly. "It’s so that when disputes arise, you have evidence to clear your name in the public eye.

If your movie doesn’t do well, it’s one thing, but once it hits, disputes are inevitable."

"Alright, I understand," Xu Baoqiang nodded.

While they were eating, Chen Sicheng received a call, speaking in English trying hard to discourage someone from meeting with him.

"What’s the situation?" Chen Yiyang asked.

"An Indian friend is coming over and wants me to host them," said Chen Sicheng helplessly. "I really don’t feel like meeting these people."

Chen Yiyang had never dealt with Indians before.

His biggest impression of India came from watching global food videos showcasing India’s clean and hygienic street food.

Since their business with Xu Baoqiang and Chen Sicheng was concluded,

Chen Yiyang suggested to Chen Sicheng, "Why not just have them come here, so you don’t have to arrange another meal for them later."

"That works," Chen Sicheng agreed, seeing no objections from Chen Yiyang, and quickly gave the address over the phone.

Soon, seven or eight Indians entered their private room.

To be honest, Chen Yiyang regretted it a bit.

He didn’t expect that when these Indians travel, they do so in such large groups.

Once they arrived, they acted as if they were very familiar, called the waiter, and ordered dishes directly in their Indian-accented English.

"Friend, what business are you in?" an Indian named Alqion began chatting with Chen Yiyang.

"I invest in films," Chen Yiyang replied, having just learned that these Indians knew Chen Sicheng because he had previously bought film rights from them over there.

So, these Indians believed there were many business opportunities in Huaxia and came to try their luck together.

Mainly because they knew Chen Sicheng here, who could host them while they freeloaded on the hotel and meals.