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I would hope so, that is the idea. Assuming I rule the galaxy, I need a naval force large enough to quash any mega-corp who gets out of line. In fact, with the way I intend on approaching things, big foes will be crushed by the navy but smaller smugglers will be more problematic. Which is why...

Yeah, ships would have to be registered. Maybe the manufacture of hyperdrives too. A lot of this gets into economics and logistics of the galaxy that we aren't quite shown in the fiction. Small ships would be a pain in the butt for me, and since small operators are harder to track, it might...

If I were the Galactic Empress (are there any empresses from science fiction?) I would try to allow individual planets or systems to have autonomy. Let the local planet rule itself how it sees fit. The local government, what ever it may be, can handle how to deal with relations between Wookies...