Earlier quoted context omitted.
I agree. The notary process is a bit annoying, but it only costs 500-1,000 euros. Yes, that's not ideal, but if you're building a proper business, that shouldn't be an issue. You can typically get an appointment within a week, no matter where you are or where your company is registered. However, once the notary sends your documents off, it can take days or weeks for the registry courts to handle them. You have to reg…
In the UK there's an API https://developer.company-information.service.gov.uk/overvie... and it costs £50. https://www.gov.uk/government/publications/companies-house-f... Why is Germany ten times less efficient?
EU–INC – A new pan-European legal entity
371–380 of 761 posts
Re: EU–INC – A new pan-European legal entity
#372Earlier quoted context omitted.
90s is charitable. Most important thing here is that nothing changes. Everything new is considered suspicious.
The weird thing is that, at least as an Estonian, I would've never expected this from Germany. Italy, Spain? Sure. Germany? That just feels weird.
Smaller countries like Estonia have the ability to be much more nimble.
Re: EU–INC – A new pan-European legal entity
#373Earlier quoted context omitted.
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.
That said I think the headline proposal (single entity type and single registrar) is not important. The UK and (AFAIK) the US have few practical difficulties with multiple registrars and variations between jurisdictions.
Re: EU–INC – A new pan-European legal entity
#374Earlier quoted context omitted.
> 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.
It's one of the idiotic "our tax money is spent for bicycle lanes in foreign countries" mindsets many right wingers share in Germany.
If you want to fund bicycle lanes in foreign countries, go start a fund an fund them privately.
For the people that don't know the topic:
- yes, German taxpayers are indeed funding bicycle lanes in foreign countries
- it's not the only waste of money going to foreign countries
And additional questions:
- since when is it forbidden to complain against the waste of tax money?
- how does favouring tax cuts instead of tax money waste makes you a "right wing"?
Re: EU–INC – A new pan-European legal entity
#375Earlier quoted context omitted.
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.
Kind of like fizzbuzz, just something really simple and most basic to get rid of the "easy scams" and so on.
Edit: So "easy scams" are probably the wrong word, I initially wrote "riffraff" because in my mothertoungue that isn't so... disparaging, but what I meant was that it's used as "bare minimum filter" basically.
Re: EU–INC – A new pan-European legal entity
#376It'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…
I'm not sure how any one these is going to change.
Re: EU–INC – A new pan-European legal entity
#377Earlier quoted context omitted.
What about Luxembourg?
If you have to setup a company today, and want the easiest path to EU-wide SaaS, probably Estonia is the way to go, very easy for EU citizens (don't know how the experience would be from outside, if it's even possible).
Re: EU–INC – A new pan-European legal entity
#378Earlier quoted context omitted.
90s is charitable. Most important thing here is that nothing changes. Everything new is considered suspicious.
The weird thing is that, at least as an Estonian, I would've never expected this from Germany. Italy, Spain? Sure. Germany? That just feels weird.
Re: EU–INC – A new pan-European legal entity
#379Earlier quoted context omitted.
It's one of the idiotic "our tax money is spent for bicycle lanes in foreign countries" mindsets many right wingers share in Germany.
Just because you accusse people to be "right wingers" because they don't want to fund bicycle lanes in foreign countries doesn't make them wrong. If you want to fund bicycle lanes in foreign countries, go start a fund an fund them privately. For the people that don't know the topic: - yes, German taxpayers are indeed funding bicycle lanes in foreign countries - it's not the only waste of money going to foreign countr…
Re: EU–INC – A new pan-European legal entity
#380As 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…
Like the current downward spiral of US states competing who can have the lowest corporate tax while letting their infrastructure crumble? But hey, that's a long term thing and we don't think about those. Only which companies move to my state in the next year/quarter/month.