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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

#211

Post by karavelov »

veltas wrote: post #193
embedding-shape wrote: post #135

Earlier quoted context omitted.

> investors understand how the legals work (Delaware C-corp, UK Ltd is OK too) Man, at least read the title of the submission, even if you're not gonna be bothered reading the contents. This is clearly about EU, incorporating in either of those two places would defeat the entire purpose :) > the legal entity you choose is possibly the least consequential I think this is a bit of the goal with EU-INC, so people don't…

> This is clearly about EU and Europe UK is in Europe.

I am sorry to break the news, but UK is not in EU, so registering a company in UK is of the same effect as registering it anywhere else outside EU

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

#212

Post by embedding-shape »

veltas wrote: post #193
embedding-shape wrote: post #135

Earlier quoted context omitted.

> investors understand how the legals work (Delaware C-corp, UK Ltd is OK too) Man, at least read the title of the submission, even if you're not gonna be bothered reading the contents. This is clearly about EU, incorporating in either of those two places would defeat the entire purpose :) > the legal entity you choose is possibly the least consequential I think this is a bit of the goal with EU-INC, so people don't…

> This is clearly about EU and Europe UK is in Europe.

Fair, probably shouldn't have added "Europe" in there, removed it.

Regardless, being able to incorporate in UK doesn't help much unless you're in UK yourself, given they're no longer in the EU.

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

#213

Post by whateverboat »

te_chris wrote: post #206
academia_hack wrote: post #168

It's inordinately difficult and expensive to start an LLC or SA in some EU countries. It's even difficult and expensive to _stop_ an LLC and dissolve it. Huge amount of risk and cost on founders and a huge distraction from running a business. I think that EU-Inc _could_ be an improvement, but it needs to avoid the committee laundry list of ideas/requirements/form fields that plagues the EU startup ecosystem. My worry…

Truly, this is one of the greatest losses of the UK leaving. For both parties. Advising EU startups on where to incorporate that isn’t London could be so much simpler.

What about Luxembourg?

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

#214

Post by traceroute66 »

ExoticPearTree wrote: post #143
PaywallBuster wrote: post #116

Earlier quoted context omitted.

> 450 million and counting people would still prefer to live and work in the EU than anywhere else majority of population of any given country doesn't emigrate ever, even inside EU where it would be extremely easy

> majority of population of any given country doesn't emigrate ever, even inside EU where it would be extremely easy Because unlike the US, we don't speak the same language. If there would have been a real push to have a common EU language since its inception, we would have been more mobile and more US like. But no...

> Because unlike the US, we don't speak the same language.

The majority of Europeans, and especially those of recent generations speak incredibly good English.

Most Europeans speak 2–3 languages anyway, so there is always a common language to be found. No need for one to be forced on you.

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

#215

Post by blitzar »

atmosx wrote: post #166

IMO this is half-measures. You wanna a strong EU? Merge the salaries and living standards from the north the south and west to east. Germans workers shouldn't blackmailed by auto-motive companies leaving for Poland unless they accept smaller salaries and vice-versa polish workers shouldn't emigrate to Germany to find a decent salary, pension, etc. Flat out these social differences and you'll have the social support y…

You wanna a strong US? Merge the salaries and living standards from New York to Flint Michigan.

Didn't think so.

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

#216

Post by matesz »

My Dear German friends, please accept that EU-inc is a massive boost for EU competitiveness. Continuing to block progress here only proves that the EU is good at making promises on paper but fails to deliver real change.

The reason this "28th regime" actually works—and bypasses the previous vetos — is that it’s optional. It doesn’t try to force Germany to change its local GmbH laws or kill the notary system overnight. Instead, it creates a parallel, voluntary path. Berlin doesn't have to give up its red tape for local shops, but they have to let a "Unified European Company" exist alongside them.

If we let national pride or local bureaucracy stop this again, we are essentially telling our best founders to leave for the US. Let’s stop protecting red tape and start protecting our future.

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

#217

Post by nhatcher »

traceroute66 wrote: post #78

There is a search box at the bottom of every HN page ;) Already being discussed: https://news.ycombinator.com/item?id=46703877

I submitted that link. In all fairness the link in this post is more accurate. I'm glad to see people are interested. Let's see where all this goes.

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

#219

Post by jonathanstrange »

seydor wrote: post #178

I would like to see the details on this. The EU has alredy jurisdictions that make it "too easy" to run a company and others that make it exceedingly difficult, and the two are in competition. It's one thing to start a company in cyprus, another to start in Germany. TBH I doubt it's going to be possible with current status. Where will an EU-inc be based, Luxembourg? and how would that be different from any other Lux…

I'd also like to see the details, it seems to be a difficult undertaking but something the EU really needs. As an example, when I incorporate a company outside of Portugal then the tax authority can classify it as a CFC (controlled foreign company) and tax it very high, and it can lead to double taxation. AFAIK, the rules are quite complex. A EU-wide registry should prevent that, but that might require a EU-wide harmonization of 27 tax systems (plus potential associated countries like Switzerland and the UK).

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

#220

Post by embedding-shape »

closewith wrote: post #203
embedding-shape wrote: post #165

Earlier quoted context omitted.

> big issue is that Europeans who want to invest in early stage VC do so in the States I haven't seen that personally, most of the VCs I've worked with here in Europe who live here in Europe, invest in European companies. Most of them invest in companies in the same country they live in, because it's a bit of a hassle to invest in companies from other countries currently (hoping that EU-INC makes that easier), but no…

This seems like a tautology - the VCs you've worked with in Europe invest in Europe. However, most HNW Europeans who invest in early stage do not invest in the EU and therefore you will not have worked with them.

> This seems like a tautology - the VCs you've worked with in Europe invest in Europe.

But the claim was that early stage VCs in Europe invest in US instead, contrary to my experience. If they were instead investing in US companies, I'd see that instead, I don't know if I used the wrong word here, where exactly is the tautology?

I don't understand the assumption that I wouldn't know what my peers are up to, unless you're assuming I only know these people because they specifically invest in European companies, is that what you're trying to imply?

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