Live data from Hacker News

EU–INC – A new pan-European legal entity

eu-inc.org

61–70 of 761 posts

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

#61

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.

Unfortunately it's likely that Germany will reject this change. Incorporation in Germany is highly bureaucratic and it requires physical notarisation. Its not a mistake, Germany has an incredibly powerful notary lobby that has already announced its opposition to this.

https://www.bnotk.de/en/tasks-and-activities/magazines/bnotk...

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

#62
post #46

Earlier quoted context omitted.

Wanna tell us more? Why has unifying the energy market been catastrophic for Sweden?

Sweden has plenty of cheap hydropower. But as prices are now tied to countries like Germany which made catastrophic decisions around energy, Swedes have to pay much more than if Sweden had an independent energy market.

In that case it sounds like "unification was bad" is an unfair characterization. Unification was bad by proxy, due to the bad decisions of Germany. If Germany had made better decisions, unification would've been good as Sweden would've had lower prices on a larger market.

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

#63

Earlier quoted context omitted.

> 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

That's a different thing all together, but a good point nonetheless. Always been dealing with local investors when building startups, because of that.

The claim was that "business operation across different countries" is a "a real bottleneck for EU SMEs" currently, I don't think that has anything to do with investors?

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

#64
post #25

> with a single and simple set of rules that will apply seamlessly all over our Union For one, I'm worried about what simple means. Likely something that will not make it as cheap to operate in every EU country, but make it as expensive to do that. Also, whatever the EU commission/council/whatever they call themselves in order to not call themselves government decides has to be translated into local legislation by al…

> For one, I'm worried about what simple means. Likely something that will not make it as cheap to operate in every EU country, but make it as expensive to do that. I mean, if that's the case, no-one will use that structure. In general, having a single set of rules makes things cheaper. That is the whole basis of standardisation. > Also 9 of the 27 will take years to finish the process. You're thinking of directives.…

> quick guide to the differences here

They're trying so hard to not call themselves a government that they renamed everything so it doesn't sound like what a government does. Maybe they should start with fixing that...

For the record i am in the EU and I think the EU is generally a good thing. Doesn't mean the "commisioners/ministers/whatever" couldn't use a few kicks to bring them more down to earth.

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

#65
post #54

Earlier quoted context omitted.

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.

So? Countries outside of EU don't always care for human rights or other things we find important.

That doesn't mean we shouldn't still aim for the values we stand for.

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

#66
post #17

This doesn't solve any issue. Registering a company is already usually pretty simple in most European countries. It's running the company which is difficult due to regulations and stuff.

It was pretty complicated in the Netherlands. I had to pay a few thousand Euro to a notary and do a lot of paperwork. I've heard its worse in Germany.

Then there are ongoing regulations like needing to have a resident director, so if you're a single-director company you can't move your personal residence even to another European country without shutting down your business and re-establishing it in your new country.

Running it also changes from country to country, so if you move you have to speak to new accounts and lawyers in your new country about how tax and vat and other legalities work.

In theory, this would let you do all of that once, hopefully all online and in a simpler and faster way. Then it should also be easier to hire and sell to all EU countries without doing a complicated dance of employment regulations and VAT compliance.

That would be ideal anyway. Not sure if or when we'll get there.

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

#67

Earlier quoted context omitted.

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.

> Well it didn’t work for the Euro

What? Yes, it did work for the Euro, countries that are participating are now more equal than they were before, which is the goal. Who knows what will happen in the future, maybe Greece or someone else will truly sink the entire union, but it hasn't happened yet, so lets not confidently claim "it didn't work".

> 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

That's been the thinking for a long time, but for how long can we continue thinking like this? If the world is fucked, it'll be fucked for all of us, not just for people in Sweden or Germany, so the faster we can realize we're all in the same boat, the better.

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

#68
post #54

Earlier quoted context omitted.

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

So? Countries outside of EU don't always care for human rights or other things we find important. That doesn't mean we shouldn't still aim for the values we stand for.

Global warming is ultimately a global problem. It doesn't matter if you reduce your CO2 emissions if others aren't following.

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

#69
post #68

Earlier quoted context omitted.

So? Countries outside of EU don't always care for human rights or other things we find important. That doesn't mean we shouldn't still aim for the values we stand for.

Global warming is ultimately a global problem. It doesn't matter if you reduce your CO2 emissions if others aren't following.

Indeed, but if everyone starts thinking "No one else is lowering their emissions so why would I?", how are we supposed to ever make any sort of progress?

Someone doing something is always better than no one doing anything, can we at least agree on that?

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

#70
post #68

Earlier quoted context omitted.

Global warming is ultimately a global problem. It doesn't matter if you reduce your CO2 emissions if others aren't following.

Indeed, but if everyone starts thinking "No one else is lowering their emissions so why would I?", how are we supposed to ever make any sort of progress? Someone doing something is always better than no one doing anything, can we at least agree on that?

But it is by no means obvious that carbon taxes are the right path. Targeted investments in low-emission energy sources might work better.
Post reply on HN