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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

#231

Post by ExpertAdvisor01 »

krisknez wrote: post #202

I’m from Croatia, and starting and running a company here is expensive. Estonia makes it much easier, so you might think: why not open a company in Estonia? But here is a problem: If your clients are in Croatia and you have a Croatian company, you don’t have to charge VAT if you earn under 60k per year. But if your company is in Estonia, you are required to charge VAT even if you earn under 60k.

Even if you incorporate in Estonia it wouldn't change anything . Because the company would still be considered tax resident in Croatia .

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

#232

Post by colinb »

gpjanik wrote: post #205
GardenLetter27 wrote: post #184

Unfortunately this does not override employment and tax laws - so you still cannot hire someone as an FTE in Paris, from a startup in Berlin for example (without them being a freelancer, or you opening a payroll / tax office in France). But hopefully we can move towards that - standardised taxation (especially VAT and corporation tax would help massively here), the abolition of notaries, standardised requirements for…

You can, Deel etc. make this pretty easy.

How certain are you of this? I only have anecdata, but when I tried to use a 3rd party agency to hire someone in France, from Ireland I got the process through several layers of management, up to and including the CEO and COO of my American employer, and HR, and legal counsel, only to be warned away in the most emphatic terms by external counsel. They told us of the risk of large fines and jail time in France for executives of companies doing this.

As I said, anecdotal, and a few years old.

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

#235

Post by eclat »

miyuru wrote: post #101

I am also looking for a stripe atlas alternative. Having a EU based one will be great. previous: https://news.ycombinator.com/item?id=25006716

The problem isn’t incorporation - it’s having accountants in your jurisdiction familiar with the structure. You can incorporate in the UK for £50 instantly but you might have trouble finding an accountant in Italy that is willing to sort your accounts out.

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

#237

Post by ExpertAdvisor01 »

3rodents wrote: post #115
miyuru wrote: post #101

I am also looking for a stripe atlas alternative. Having a EU based one will be great. previous: https://news.ycombinator.com/item?id=25006716

Germany is your problem. If you’re open to looking outside Germany, there are many options. You can open a U.K. company same day, an Estonian company with e-residency in a couple of days. Germany is uniquely nightmarish.

That's not good advice . If he lives in Germany he should incorporate a German company otherwise he will run into big Issues .

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

#238

Post by kvgr »

mrtksn wrote: post #85
kvgr wrote: post #73

Local Taxes… the issue with EU is the taxes and cost of labour.

That's not the issue. If your business is dependent on slave labor and offloading your externalities on the society to make a profit it simply means your business should not exist. Its evident that labor cost and taxes are not excessive in EU by the reality of existence of plenty of businesses in a healthy society. What doesn't exist in EU is the "tech" business, and the tech doesn't have margins too slim to employ p…

Cost of labour i meant work taxation. You can see the waste everywhere. We could have half income tax, half social security and half health. Instead of taking 50% you your income. We could give 25%. And have more to boost the economy or save for future. EU is in slow death. Dying out, pyramid scheme retirement system mostly.

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

#239

Post by ExoticPearTree »

traceroute66 wrote: post #214
ExoticPearTree wrote: post #143

Earlier quoted context omitted.

> 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.

Yes, they might, but in practice and with the exception of multinational corporations and some start-ups, everyone speaks their own language. And it's all fun and games that you can speak english in restaurants, cafes, train stations and the like, and then when you want to find a job in an EU country you get hit with "do you speak our language? no? ah, we're sorry then."

There's a big difference between being a tourist in Europe and actually living here.

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

#240

Post by eclat »

graemep wrote: post #102
veltas wrote: post #88

It says "Pan-European" everywhere, but would this include the UK?

Its obviously EU - so not the UK, or Norway or Switzerland or Russia... I agree it is Eu-wide or pan-EU rather than pan European. Its probably not going to solve the problems it sets out to given all the differences between EU countries legal systems, tax, regulation etc.

EEA applicability might be less obvious than you imply however.
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