251–260 of 761 posts
Earlier quoted context omitted.
"one europe" except for all the other bits of europe
Well, isn't it the same for America? America is more than the US. I know the name Americas is used, but that is more like an afterthought.
The whole process including banks accounts etc... can apparently take months in total.
Personally I would not create "EU-INC" but just make all local entities legal in every country. Then countries could compete to be the best system to attract companies and entrepreneurs.
In the ToS it states: >These Terms are governed by the laws of the State of California
I always heard that the issue with startup investment in Europe was the general lack of capital investors willing to take Hail Mary risks on founders with a wild idea and maybe little experience. The market is far too risk-averse for a grassroots early-stage startup scene. How would this organization address that fundamental psychological block?
UK founder here in cybersecurity. I’ve bootstrapped and exited twice. For my third venture, I cold emailed a US VC (from their about us page) that specializes in cyber. Within a month I had a term sheet. I didn’t take it because it was contingent on relocating to the US or adding a US based cofounder/senior person ... but they were super proactive, introduced me to senior cyber operators, getting design partners and…
Yes please! I tripped over this recently. It's a bigger deal than it might seem. You'd be surprised at some of the weird things that can happen in the current systems in the EU if you try to do business across borders. Like: your company suddenly automatically becoming deregistered, or you might get a sudden huge tax bill, or you might even inadvertently get charged with fraud. Hasn't happened so far knock on wood ,…
Isn't there already the SE (Societas Europaea) [0]? How does this differ? Would be good to address in the FAQ. [0] https://en.wikipedia.org/wiki/Societas_Europaea
I am absolutely for it. There are too many different types of company structures in the individual EU countries and they don’t work well when you move and come with all sorts of different risks. Obviously many are also just cumbersome to start and dissolve. You could start five US LLCs within ten minutes of filling out some online forms whereas to start one European entity depending on the country you might have to make a notary appointment, register with the national registry and the tax authority. I think there’s a lot of room for improvement which can take days to weeks.
Dude come on, I know they're not in the EU but like, there it feels like practically the same country if you don't mind the loveable accent and the crazy prices in another currency :)
Isn't there already the SE (Societas Europaea) [0]? How does this differ? Would be good to address in the FAQ. [0] https://en.wikipedia.org/wiki/Societas_Europaea
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…
Better than potentially putting risk and costs on other companies, the country and/or it's citizens.
> nonsense to protect against the perceived risk
It's not a perceived risk. No rule is made without cases.
Earlier quoted context omitted.
You know that EU bureaucrats do what each country want them to do right? Each time the Commission comes with a new rule, most countries agree with it. And if its an "unpopular", the game for each gov is to blame the EU. https://en.wikipedia.org/wiki/Euromyth http://news.bbc.co.uk/2/hi/europe/6481969.stm
> You know that EU bureaucrats do what each country want them to do right? I'n not entirely sure about that. The vast majority of entrepreneurs are complaining about unrealistic requirements and inconceivable burdens in Germany. Certainly no one wants any of this. Yet somehow the rules pile up.
> In Germany
And then
> Yet somehow the rules pile up.
Which is just German culture as much as food is Italian. If you want rules for everything I'm hard pressed to think of a more regulated country than Germany. And the populace, in general, might scoff at how long things take but absolutely want to understand what the process is... So yeah, you can't have it both ways