Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

EU–INC – A new pan-European legal entity

eu-inc.org

Post reply on HN
Print view View original

51–60 of 761 posts

Re: EU–INC – A new pan-European legal entity

#51

Post by jcmartinezdev »

RandomLensman wrote: post #39
noosphr wrote: post #28

Earlier quoted context omitted.

It takes 8 weeks from start to finish to be able to get paid for your first sale as a German limited liability company. People outside of Germany really have no idea how sclerotic the state is. Mean while Germans suffer from the brain damage of having lived there their whole lives and don't see a problem with this. If you think brain damage is too strong a word, the last time I brought it up a bunch of Germans came o…

What type of company structure was that?

gmbh or UG, takes about that time to set up, you can start billing before, but still... this is a lot of time of manual paperwork.

Re: EU–INC – A new pan-European legal entity

#52

Post by noosphr »

lm28469 wrote: post #42
noosphr wrote: post #28

Earlier quoted context omitted.

It takes 8 weeks from start to finish to be able to get paid for your first sale as a German limited liability company. People outside of Germany really have no idea how sclerotic the state is. Mean while Germans suffer from the brain damage of having lived there their whole lives and don't see a problem with this. If you think brain damage is too strong a word, the last time I brought it up a bunch of Germans came o…

> It takes 8 weeks from start to finish to be able to get paid for your first sale as a German company. You can bill as soon as you started the process afaik

As soon as you talk to a notary to prove that you're really opening a company you can get the provisional business license, or whatever they call it, to open a bank account. After you open that bank account you need to talk to the notary again to start registering the real company. Then you need to transfer the bank account from the place holder company to the real company.

I may be misremembering the exact steps because I tried drilling all those memories out of my head as soon as I left Germany.

Re: EU–INC – A new pan-European legal entity

#53

Post by [deleted] »

paintbox wrote: post #34
3rodents wrote: post #12

Seems like a broader version of what Estonia are already doing with e-residency[1]. Registering a company online in a few hours is already easy in a few jurisdictions around the world (e.g: the U.K.[2]) so this isn’t a particularly revolutionary but the intent it signals is good. [1] https://www.e-resident.gov.ee/ [2] https://www.gov.uk/government/organisations/companies-house

Ease of incorporation is indeed not revolutionary, but is certainly a good direction. What is revolutionary (in context of EU of course) is easier business operation across different countries, a real bottleneck for EU SMEs.

[deleted]

Re: EU–INC – A new pan-European legal entity

#54

Post by mono442 »

embedding-shape wrote: post #50
mono442 wrote: post #47

Earlier quoted context omitted.

Capping the price of CO2 emissions at a more reasonable level like 10 - 20 euro/t CO2 just like it was 10 years ago could be a decent compromise.

Decent compromise to what? The group who want to pollute the world because it's cheaper? Doesn't sound like a compromise many of us would want.

Countries outside European Union don't care about global warming anyway. It's a futile policy.

Re: EU–INC – A new pan-European legal entity

#55

Post by rozenmd »

pantulis wrote: post #40
rozenmd wrote: post #5

More info here: https://www.eu-inc.org/

Builtwith reports this website is built with Framer, is this an official EU asset? If that's the case it's also a declaration of intentions.

the FAQ clearly states that it isn't an official EU website, it was used for petitioning the EU to consider this proposal.

Re: EU–INC – A new pan-European legal entity

#56

Post by paintbox »

mono442 wrote: post #30
cjs_ac wrote: post #3

> 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…

Energy is expensive because burning fossil fuels is expensive due to taxes. A coal power plant pays around two times more for emissions than for the coal itself. They're trying to solve a problem which they have created themselves in the first place.

Energy is expensive because fossil fuels are destroying the only planet we have.

If a person is taking lifesaving medicine that unfortunately makes their skin itch, you wouldn't call itchiness "a problem which they have created themselves in the first place"...

Re: EU–INC – A new pan-European legal entity

#57

Post by csantini »

embedding-shape wrote: post #48
paintbox wrote: post #34

Earlier quoted context omitted.

Ease of incorporation is indeed not revolutionary, but is certainly a good direction. What is revolutionary (in context of EU of course) is easier business operation across different countries, a real bottleneck for EU SMEs.

> business operation across different countries, a real bottleneck for EU SMEs Is it actually a "real bottleneck" for EU SMEs? Granted, I've only participated in help growing 3 companies from the scale of 3-4 developers > ~100-150 and from national sales to international, but "going worldwide" or "EU wide" was never the bottleneck we had. The most tricky part was figuring out exactly how to do VAT for every single co…

The bottleneck is having a standardized SAFE for Europe. Global investors must be able to invest without having to understand Italian and Polish corporate law

Re: EU–INC – A new pan-European legal entity

#58

Post by techpression »

embedding-shape wrote: post #36
techpression wrote: post #18

Earlier quoted context omitted.

As a Swede the third one is terrifying, unifying the energy market has been catastrophic for us, both price and environment wise. The latest is added taxes due to choke points designed by EU from the first place..

It's the Euro all over again, mostly because of this: > Just look at the dispersion of prices across European electricity hubs. Same Swedes were complaining (and still are!) about having to bail out the poorer members of the Union, should Sweden adopt the Euro and have a tighter integration with the Eurozone. The common motivation of the EU is to smooth out these things across the countries, so we don't have these wi…

Well it didn’t work for the Euro, and that didn’t require building massive on demand infrastructure that degrades over distance. Socialism for people only work within the confines of a society, my parents putting up solar panels to offset german fears of nuclear is far away from them paying taxes so their neighbor can get health care.

Re: EU–INC – A new pan-European legal entity

#59

Post by traceroute66 »

kristoff_it wrote: post #23

I would love to be able to setup in Europe a non-profit equivalent to the Zig Software Foundation. I haven't looked too deeply into it, but my understanding is that it's not possible to create an equivalent corporation in Italy (where I reside) nor the rest of Europe. I would love to be proven wrong though.

> I haven't looked too deeply into it, but my understanding is that it's not possible to create an equivalent corporation in Italy (where I reside) nor the rest of Europe.

You certainly did not look deep enough. ;)

Ask Mr Google about gGmbH in Germany, for example.

Honestly, I would be incredibly surprised if every single European country does not already have a non-profit structure.

In addition, do not forget that in some countries you might also have the option of being non-profit not through legal-form (e.g. gGmbH in Germany) but via your articles of association, i.e. you set up a "standard" company and then formally declare it a non-profit. This is something your friendly local company lawyer would be need to help with as it requires the correct words to be drafted into your articles if you want e.g. the tax authorities to correctly recognise your status.

Re: EU–INC – A new pan-European legal entity

#60

Post by yread »

mono442 wrote: post #30
cjs_ac wrote: post #3

> 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…

Energy is expensive because burning fossil fuels is expensive due to taxes. A coal power plant pays around two times more for emissions than for the coal itself. They're trying to solve a problem which they have created themselves in the first place.

And how pays for the healthcare that's indeed for the people downwind of that plant? How much does lung cancer treatment cost compared to coal?
Post reply on HN