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EU–INC – A new pan-European legal entity

eu-inc.org

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

#71

Post by traceroute66 »

jcmartinezdev wrote: post #49
lnsru wrote: post #26

Earlier quoted context omitted.

Can you elaborate more? I am self employed electrician in Bavaria using simple Gewerbe. It is straightforward at the beginning. Literally hundreds of webpages describe the procedure. It is obvious, that growing the company into GmbH with own VAT number increases the complexity. But I haven’t seen it other way in Europe.

I had my experience with bootstrapping a self founded UG (Unternehmergesellschaft), and the process was long (about 8 weeks), involving me getting support from a company (firma.de) to help me prepare all the documentation which involved a lot of physical paperwork, then there's the visit to the notary which is required. After you do that, you need to register with the Finanzamt, and then you start finding out about a…

> I had my experience with bootstrapping a self founded UG (Unternehmergesellschaft), and the process was long (about 8 weeks)

It would have been significantly quicker if you used a well-connected law firm.

I know a number of friends of friends in Germany who have all visited the lawyer, the notary and the bank all in the course of one morning. The whole experience was orchestrated by the lawyer because they knew the notary and the bank manager. In some cases the lawyer even drove them around between locations. ;)

The Steuerberater then took care of the Finanzamt.

Of course this entails extra professional fees. But the point is that there are many examples out there showing it can be done in less than 8 weeks.

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

#72

Post by paintbox »

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…

There's a reason I rarely see local subsidiaries of cool small companies from other EU countries - it's too complicated to open them, have a couple of local employees on a payroll, handle notarization, translations of documents, not to mention labor laws etc.

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

#74

Post by causalscience »

simon_a99 wrote: post #61
jcmartinezdev wrote: post #2

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...

Lobbies whose only purpose is to sustain themselves even at the cost of maintaining friction should be made illegal.

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

#75

Post by sam_lowry_ »

EU's strength is in diversity, and von der Leyen is set on killing that.

US tech companies won not because EU is diverse, but because they had access to more money and could undermine all competition by dumping prices.

Even before Google, there was Microsoft and it's tacit acceptance of "piracy".

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

#76

Post by techpression »

embedding-shape wrote: post #67
techpression wrote: post #58

Earlier quoted context omitted.

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…

Equal in that hey suffer together? When even the SEK outperforms the EUR in times of distress you know it’s incredibly bad. Is it better that all of Europe sinks, maybe, but I’m happy I’m not losing my job because of pension plans in France or financial neglect in Greece, and I’m sure they would say the same if roles were reversed. And to be clear, it’s not about the people, but how governing is done.

The same boat is actually a good metaphor, you tend to want many smaller ones and not one big, risk of losing everything vs something (to a point).

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

#77

Post by embedding-shape »

sam_lowry_ wrote: post #75

EU's strength is in diversity, and von der Leyen is set on killing that. US tech companies won not because EU is diverse, but because they had access to more money and could undermine all competition by dumping prices. Even before Google, there was Microsoft and it's tacit acceptance of "piracy".

> EU's strength is in diversity, and von der Leyen is set on killing that.

I feel like it's important to specify "diversity" and not just use it as a catch-all. I don't believe the strength of the EU is in diversity of how companies are implemented and run across the union, it's the diversity of culture, mindset and people that is the strength, and that can be represented inside companies, even if the way of setting up, running and investing in companies would be the same across the union.

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

#79

Post by postepowanieadm »

causalscience wrote: post #29
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..

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

I may tell from Polish perspective - loosely speaking: Germany and Austria used to share single bidding zone: electricity was produced by wind at the north and then consumed by factories at the south. The problem: no sufficient grid connection - Polish and Czech grids were used instead, what caused major problems - loop flows. It lasted from 2001 to 2018.

Unification needs to be real, including grids, not on paper only.

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