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Don't like Brexit? We have a plan

transylvaniabeyond.com

21–30 of 52 posts

Re: Don't like Brexit? We have a plan

#21
The nature is really nice and food is great. But I've been robbed there... And the way how they achieve the fastest internet connection is really ugly -- cables are hanging from everywhere, historical building or not, it's really touch to take a photo without cables.

Just google for Cluj cables

Re: Don't like Brexit? We have a plan

#22
post #17

That's odd. First they try to close borders to migrants, and now they welcome migrants? How is that supposed to work?

They closed borders to migrants who were not likely to set up tech startups. They try to lure migrants who are likely to set up tech startups.

Re: Don't like Brexit? We have a plan

#23
this is silly. its a good place to move because its start up friendly? thats nice and all but its hardly relevant to the vast majority of the population. i will admit though that most of the people who are so worried about brexit that they would move to another country are in the age range and socioeconomic bracket from which most start up people emerge. by the way can anyone list some of the reasons why leaving the eu will be a disaster? i dont know anything about the eu.

Re: Don't like Brexit? We have a plan

#24
I like the advertising. I like the timing. But what I like most is that they have the urge to tackle their future. Without any restraints to make jokes about themselves to tackle something else: The backwater stereotypes.

This far, I've heard only good things from that area. From people who worked or studied there.

What I'd expect but didn't see: Is the tax-system competitive? How about the other performance indicators regarding incorporation, labor costs and legal certainty?

Re: Don't like Brexit? We have a plan

#25

Let's break down the modern, flashy PR move and check some reality: LGBT rights in Romania (from https://en.wikipedia.org/wiki/LGBT_rights_in_Romania ) - Decriminalized in 1996 - Gender identity: change of legal sex allowed since 1996 - Discrimination protections: protections since 2000 (still don't national ones in the U.S.) - No marriage - No civil unions - Adoption HAAAHAHAAH cmon be serious LGBT rights in the UK…

It's very easy for an outsider to judge it like that. You can't compare the UK with an ex-communist, very religious country. These things can't really change overnight, it takes a few generations. So yeah, I wouldn't advise any gay people to go to Romania.

Re: Don't like Brexit? We have a plan

#26
In Romania, companies which have under 100.000 euro / year income are called microenterprises. Microenterprises have an income tax of 3% which should be paied quarterly. If they have at least one employee, the tax is 2%. If they have at least 2 empoyees, the tax is 1%. The tax on dividends is 5% and IT specialists are free from salary taxes. We moved our headquarters to Bucharest in Q1/2014, but this autumn the team is moving to Sibiu, Transylvania! Glad to be here :-)

Re: Don't like Brexit? We have a plan

#27

Let's break down the modern, flashy PR move and check some reality: LGBT rights in Romania (from https://en.wikipedia.org/wiki/LGBT_rights_in_Romania ) - Decriminalized in 1996 - Gender identity: change of legal sex allowed since 1996 - Discrimination protections: protections since 2000 (still don't national ones in the U.S.) - No marriage - No civil unions - Adoption HAAAHAHAAH cmon be serious LGBT rights in the UK…

UK wasn't part of the Soviet bloc until 1990, so a bit unfair to compare in my opinion. You either care about LGBT rights or getting some shitty Cuban oranges for your kids at least once a year. I think a lot of societies in the Eastern Europe went through tremendous changes in the last 20 years. Not saying it's all happy happy joy joy now, just that we should consider this in some context.

Re: Don't like Brexit? We have a plan

#28

In Romania, companies which have under 100.000 euro / year income are called microenterprises. Microenterprises have an income tax of 3% which should be paied quarterly. If they have at least one employee, the tax is 2%. If they have at least 2 empoyees, the tax is 1%. The tax on dividends is 5% and IT specialists are free from salary taxes. We moved our headquarters to Bucharest in Q1/2014, but this autumn the team…

This is actually the information I missed on their website. Could you elaborate on...

... did you move there from outside of Romania? ... if so, how did you incorporate there? Did you gave your BV/GmbH/Ltd/SA just another address or created a new company there, that then bought 100% of your old shop?

Re: Don't like Brexit? We have a plan

#29

In Romania, companies which have under 100.000 euro / year income are called microenterprises. Microenterprises have an income tax of 3% which should be paied quarterly. If they have at least one employee, the tax is 2%. If they have at least 2 empoyees, the tax is 1%. The tax on dividends is 5% and IT specialists are free from salary taxes. We moved our headquarters to Bucharest in Q1/2014, but this autumn the team…

This is actually the information I missed on their website. Could you elaborate on... ... did you move there from outside of Romania? ... if so, how did you incorporate there? Did you gave your BV/GmbH/Ltd/SA just another address or created a new company there, that then bought 100% of your old shop?

We're from the US and were looking for promising European land. No, we incorporated a brand new company(WELOVEHN SRL) not to hassle with bureaucracy. Which is cool from an administrative point of view. Romanian lawyers seem to be fluent in English and we still maintain a productive collaboration.

Re: Don't like Brexit? We have a plan

#30
post #16

"Surprisingly high quality of life" Nope (i'm from Romania). I like the "presentation" overall but some things are stretched to the limit there :)

Care to elaborate on where this website is inaccurate?

Sure, here's my own personal opinion about some of them :

-Probably the most spectacular nature in Europe

Romania IS a beautiful country (in a old fashion kind of way) but i really double it that anyone who traveled around Europe a bit would say it has "most spectacular nature". Dunno, go to Faroe Island (as a example) and tell me afterwards how "most spectacular" is Transylvania.

-The largest number of tech specialists in the EU

That is actually the most misleading part though. Not sure if RO has the largest number or not but a potential investor should be aware that most tech specialist are actually located in Bucharest not Transylvania. And the gap in salary requirements/ skills between the 2 is actually pretty big (Bucharest >>> Transylvania). Heck until a few years ago Bucharest was the only IT "hub" in RO.

-Excellent private healthcare system

Yes and no. If you have a serious health problem , you'll get "shipped" to a state hospital and those are bad.

-Some of the greatest festivals in Europe

Guess it also depends on music genres. I'm into metal , for instance, and the metal festivals in RO are definitely not "greatest". It's not like we have Wacken here.

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