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I really looking forward to this! I love being in the EU and I really like living in Germany. But creating and operating a small company in Germany is a nightmare, I hope this can give smaller EU companies agility and frictionless setup and operation so they can focus on building products and providing services to their customers.
[1] https://www.e-resident.gov.ee/ [2] https://www.gov.uk/government/organisations/companies-house
I really looking forward to this! I love being in the EU and I really like living in Germany. But creating and operating a small company in Germany is a nightmare, I hope this can give smaller EU companies agility and frictionless setup and operation so they can focus on building products and providing services to their customers.
Sounds like a German problem. When I last set up a company in Sweden I literally went to web UI and clicked "Create Company" basically, filled in some details and it was done. Similar experience in Spain, fill out 2-3 forms and it's done. How much more process could the German government really add here? Reviews and interviews, or what exactly is the bureaucracy you're complaining about here?
Hahaha, good one, little padavan...
I really looking forward to this! I love being in the EU and I really like living in Germany. But creating and operating a small company in Germany is a nightmare, I hope this can give smaller EU companies agility and frictionless setup and operation so they can focus on building products and providing services to their customers.
Sounds like a German problem. When I last set up a company in Sweden I literally went to web UI and clicked "Create Company" basically, filled in some details and it was done. Similar experience in Spain, fill out 2-3 forms and it's done. How much more process could the German government really add here? Reviews and interviews, or what exactly is the bureaucracy you're complaining about here?
As someone who lives in EU, been skeptical of it for most my life, but for the last 3-4 years kind of turned around on the idea of a stronger EU and more independent Europe, I'm really glad to see and hear that things are swiftly moving ahead. Things like this may seem relatively small, especially with everything going around, but these sort of partnerships and agreements really do have a large impact on the next decades, and I hope we'll see more of this. Fair trade is something we've taken for granted, but we've again learned that it's something you have to fight for, and I'm happy to live in the EU who seem to still realize it's important.
I read through the speech, I'm still not sure if this is adopted or not. I found https://www.eu-inc.org/ which seems to be the origin of the proposal, but mentions a final implementation for 2027. Just heard about this initiative as a European, I don't have an opinion yet.
> Just heard about this initiative as a European, I don't have an opinion yet. Same! I'm cautiously optimistic, but need to await the criticism from the Americans before I can fully know what to think about it. I'm sure it'll pop up here any time soon, NYC is just about to wake up.
> The ultimate aim is to create a new truly European company structure. We call it EU Inc., with a single and simple set of rules that will apply seamlessly all over our Union. So that business can operate across Member States much more easily. Our entrepreneurs, the innovative companies, will be able to register a company in any Member State within 48 hours – fully online. They will enjoy the same capital regime all…
So 27 individual implementations of this, as opposed to the current 27 different implementations of how to incorporate and assign equity?
Seems… silly?
I’m all for making it more attractive to create startups in the EU… But I don’t think a directive is the right way
I read through the speech, I'm still not sure if this is adopted or not. I found https://www.eu-inc.org/ which seems to be the origin of the proposal, but mentions a final implementation for 2027. Just heard about this initiative as a European, I don't have an opinion yet.
It's not. However from the speech it sounds like the commission is ready to put forward their proposal soon-ish
After they do so the actual legislative process is going to start where the draft has to go through Parliament and the Council to become law
The legislative process is going to take time which is where the 2027 date in eu-inc.org comes from
I don't know if there will be legal or political issues around this that would delay adoption though