Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

EU–INC – A new pan-European legal entity

eu-inc.org

Post reply on HN
Print view View original

261–270 of 761 posts

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

#261

Post by inanothertime »

matesz wrote: post #216

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…

National sovereignty is not national pride. Paying company taxes to the 28th regime evicts tax contributions to the company's home nation. Massive German tax money is already today used for non-national interests. EU-inc makes this only worse.

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

#262

Post by hvb2 »

patates wrote: post #257

Can you guys please somehow involve Switzerland too? I'm thinkng about moving there and my German employer is like, "No! Even France would be extremely hard, Switzerland is plain impossible for payroll!". 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 :)

Before you move there, for fun, look into what it would take to buy a house there :)

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

#263

Post by lava_pidgeon »

matesz wrote: post #216

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…

This idea was made by French and German government . I'm not sure why do you think the German government is against it.

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

#264

Post by _petronius »

apexalpha wrote: post #252

As a Dutch person I never understood this push until someone told me (and this is true in 2026!!!) that if you open a LLC (Gmbh?) in Germany you have to physically go to the notary and have a person READ OUT all the statutes to you. 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…

This is true of all contract notarization in Germany (even when buying a house, jesus that is a slog), and although it is a bendy-banana level silly thing that people focus on, isn't actually the biggest problem in company founding here. MUCH more problematic is unfavorable tax rules making equity compensation difficult, capital requirements, legal/notary fees, and an investor class that is notoriously skittish.

If you could solve all those problems and still had to go listen to the Notar recite the contract in a monotone, it would be a worth trade.

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

#266

Post by xinayder »

Er, what exactly is this? It's not mentioned anywhere for laypeople like me. Perhaps they should focus on explaining what this project is, before asking for people to spread awareness. How can you spread awareness about something you don't even know what it is?

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

#267

Post by tggycom »

xinayder wrote: post #266

Er, what exactly is this? It's not mentioned anywhere for laypeople like me. Perhaps they should focus on explaining what this project is, before asking for people to spread awareness. How can you spread awareness about something you don't even know what it is?

There is a pretty good TL;DR on their "In-Depth Proposal" site: https://proposal.eu-inc.org/TL-DR-14d076fd79c581959325c8e52d...

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

#268

Post by ThePowerOfFuet »

logicchains wrote: post #227
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…

>My worry is that the end result will require notarized declarations of honour, financial plans stretching decades into the future, 30 page business plan documents, reams of corporate governance documents, and tons of other nonsense to protect against the perceived risk that someone who failed at starting a business once fails a second time. That sounds like a really good use for AI.

>That sounds like a really good use for AI.

No, it is not a really good use for a word prediction engine.

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

#269

Post by [deleted] »

apexalpha wrote: post #252

As a Dutch person I never understood this push until someone told me (and this is true in 2026!!!) that if you open a LLC (Gmbh?) in Germany you have to physically go to the notary and have a person READ OUT all the statutes to you. 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…

[deleted]

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

#270

Post by mytailorisrich »

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…

There really is no reason for it to be longer, more expensive, and more complicated than what exists today in, say, the UK where you can do it all online for about £20 (or is it £50 now?) and complete in a matter of hours.

This is really down to individual countries' red tape and suspicion.

The risk element is also not at all attached to forming a company (hence why it can be so simple and quick), it is with funding and finance. So banks will want to see a business plan but the company registration office does not, or should not, care.

Post reply on HN