Let's unite the startup ecosystem in Europe with a standardized ‘EU Inc'(eu-inc.org)
eu-inc.org
Let's unite the startup ecosystem in Europe with a standardized ‘EU Inc'
https://www.eu-inc.org/
5 comments
> "EU is already so harmonized that startups can shop for best corporate structure and law, just like they do in the US and run their business smoothly."
It's not harmonized at all, it's fully fragmented.
You can't hire someone working from another EU country. You can't raise capital across the EU. You have many different rules, regulations, taxes, etc depending on the state.
It's not harmonized at all, it's fully fragmented.
You can't hire someone working from another EU country. You can't raise capital across the EU. You have many different rules, regulations, taxes, etc depending on the state.
It creates issues with taxes in your home country if you own a company in another country.
So, under this new legislation I will have to file my taxes with BOTH this new entity AND the atrocious German sweet old lady tax inspector, right?
Irony aside but color me skeptical: there is no way Germany is going to let go of its precious bureaucracy.
Irony aside but color me skeptical: there is no way Germany is going to let go of its precious bureaucracy.
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It's not. Even in the US there is lots of variation between states. Delaware company exists for a reason.
EU is already so harmonized that startups can shop for best corporate structure and law, just like they do in the US and run their business smoothly. Estonia, Netherlands, Ireland, Luxembourg, Sweden, ... pick your favorite. What makes EU more difficult as common market is more different business cultures, languages, and markets. That's not something EU can change from the top.