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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

#361

Post by jagrsw »

Bewelge wrote: post #326
egorfine wrote: post #289

Earlier quoted context omitted.

There is a huge spectrum between "require impossible documentation" and "require none". Germany and EU are heading towards the former.

German here. That's not true. What crazy documentation do you require? An ID, proof of residence, and a business plan? (edit: you don't even need a business plan) That being said, everything about the process is annoying and you always have the feeling that you're doing something wrong or forgetting something. Together with some ridiculously slow processing times, it's the perfect combination to frustrate you and I'm…

I don't know much about corporations, but why business plans are needed at all? I mean, for EU citizens.

bank (loans), immigration and investors can be interested, but their interests are not covering every corporation out there.

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

#362

Post by direwolf20 »

tietjens wrote: post #290
inanothertime wrote: post #261

Earlier quoted context omitted.

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.

> Massive German tax money is already today used for non-national interests. Please elaborate. You're complaining that DE tax funds go to the EU? Very curious what you're talking about and your rational.

Maybe they're talking about the protection of Israel

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

#363

Post by miroljub »

tietjens wrote: post #290
inanothertime wrote: post #261

Earlier quoted context omitted.

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.

> Massive German tax money is already today used for non-national interests. Please elaborate. You're complaining that DE tax funds go to the EU? Very curious what you're talking about and your rational.

> You're complaining that DE tax funds go to the EU? Very curious what you're talking about and your rational.

Germany is the biggest net contributor to the EU. The money comes from German taxpayers, who receive disproportionately little value in return.

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

#364

Post by kvgr »

mrtksn wrote: post #277
kvgr wrote: post #238

Earlier quoted context omitted.

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.

I'm not so sure about that. Elon Musk and Trump promised something of this sort, created the DOGE department and ended up not saving anything despite claiming to uncover waste. > Dying out, pyramid scheme retirement system mostly. The solution to this is more creampies 20 years ago, no government action can change that. Every generation pays for the retirement of the previous one and if a generation makes less kids t…

Well the slovak goverment alone stole billions of euros. Stole. Imagine if we didnt have to pay all the farm subsidies to keep 5 goats in mountains. Or to pay hungary for lookout towers in the middle of nowhere.

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

#365

Post by embedding-shape »

kvgr wrote: post #352
embedding-shape wrote: post #314

Earlier quoted context omitted.

What issue? VAT is paid by the user (collected and remitted by you) and differs by country (used to be hassle, easy today), but the taxes you pay in your country for your company is the same regardless of where the users who paid you are based (assuming there isn't something country-specific about that), it's more about where your company is tax-resident. Unless there are permanent-establishment issues, withholding t…

Yes the issue is i form company in Estonia because i like their non distribution taxes. Or in czechia because i live there. Then move to spain. And they decide to tax the company in spain… with high taxes.

I mean if you now live in Spain, then you need to pay taxes in Spain, because that's where you live. This makes sense, does it not? Or is the expectation that you shouldn't pay taxes where you live, only where your company that you work for/in is based?

FWIW, I also live in Spain, and also pay "high taxes" as I'm in the highest income bracket, and it sucks to see large parts of your income and capital gains disappear. But then I've also experienced the health care here, and see everyone being taken care of, and I sleep well again :)

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

#366

Post by niemandhier »

psychoslave wrote: post #302
inanothertime wrote: post #261

Earlier quoted context omitted.

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.

National sovereignty, like "we are able to feed people with food grown on our soils?" Mercosur anyone?

To be fair: our soil would greatly benefit from being allowed to rest for a decade.

In parts of Europe, our soil essentially depleted. I recommend reading.” 100 harvests.”

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

#367

Post by direwolf20 »

jcattle wrote: post #293
jsumrall wrote: post #253

I wonder who owns this eu-inc.org website and is selling the merch. In the ToS it states: >These Terms are governed by the laws of the State of California

The FAQ states: > Imprint: eu-inc.org, Factory Lisbon, Av. Infante Dom Henrique 143, 1950-406 Lisboa, Portugal

Which is odd, because Germany is the country that requires the "imprint", and it absolutely must be labelled "impressum" and not "imprint".

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

#368

Post by whizzter »

tietjens wrote: post #308
oellegaard wrote: post #228

I have seen promotion of this idea multiple times but every time I read about it I fail to understand the gains. I’m based in Denmark and have incorporated multiple companies. It is very easy and digital and costs very little, even if you get a lawyer to do it for you. Maybe the issue is a few member states that are behind on digitalization? In my experience EU is better at setting the guidelines and then the member…

Have you started a company that took investment from funds located in other countries within the EU? That is the main focus of this idea. Lowering the barrier to investing in startups across EU nation states. Austrian company and you want to take investment from a venture fund in X country? It'll get complicated very fast. That's part of what this trying to fix and make simple.

I think starting and investing per-se really isn't the major issue for some time (at least in Sweden and probably Denmark), we've gotten many small business friendly laws over the past 15-20 years.

At the same time there are many discrepancies that makes it hard for companies from one country to mesh with companies from another country.

Law tradition (Napoleonic, German or Nordic), tax rules (German rules were (are?) notorious for their complexity,etc. , then there's certain laws such as the Finnish money gathering law that can be a problem for very early stage development ( https://solhsa.com/wishlist.html ).

All the above creates friction, and if EU-inc would follow German rules, I'd rather just stay with a Swedish company because..

Luckily the EU has harmonized things so a startup in one country can mostly work within local rules as long as we make sure to distribute earnings from different countries correctly.

The trickier part is forming bonds, such as for investor and/or startup protection for across-border investments when one wants to grow, various scams over the years has played out differently in various countries so those kinds of laws could be quite an issue outside of the stock market.

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

#369

Post by miki123211 »

ThePowerOfFuet wrote: post #268
logicchains wrote: post #227

Earlier quoted context omitted.

>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.

In Europe, there are two parallel realities which coexist, have some influence over one another, but are ultimately somewhat separate.

There's the real reality, and then there's the reality as it is perceived by the bureaucratic apparatus, the "upside down." It's important to realize that everything in the "upside down" must be consistent with the rest of that reality, but not necessarily with what actually happened in the real world. The closer your activities get to the government and government scrutiny, the more true that description is.

Did John have to go somewhere on Monday and finish his work on Saturday instead? He could have filed for time off and then gotten special permission to work on Saturday, but that's far too many forms with far too many signatures. It's just easier to pretend (on all documents, yes all of them, the "upside down" demands consistency) that he did in fact work on Monday and did not work on saturday. Americans call it fraud, Europeans call it Tuesday.

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

#370

Post by seec »

hvb2 wrote: post #260
egorfine wrote: post #245

Earlier quoted context omitted.

> 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.

You said > 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

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