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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

#471

Post by hexbin010 »

usrnm wrote: post #355
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…

> you have to physically go to the notary and have a person READ OUT all the statutes to you. I guess, you've never bought a house in the Netherlands then, because it's the same exact process

That is beyond hilarious lol. Finally found something the UK does better than the Netherlands ;)

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

#472

Post by trollbridge »

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…

Didn't Estonia solve this problem?

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

#473

Post by martin_a »

AlanYx wrote: post #386
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…

I'm surprised that Germany never relaxed the in-person notarization requirements during COVID. A lot of jurisdictions around the world did change their rules to allow remote notarization.

They did. This can be done online since August 2022.

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

#474

Post by LunaSea »

8964689797595 wrote: post #446
jorge-d wrote: post #397

Earlier quoted context omitted.

This is wrong on so many levels. The German economy profits _a lot_ from the membership. You can't just look at the monetary in/out flows to/from EU accounts but to the system as a whole.

[flagged]

Tariffs on Chinese EV cars that would obliterate the German automotive industry and economy?

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

#475

Post by trueismywork »

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.

Everything else is much more expensive so AI is actually the cheapest and only viable option. I mmm

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

#476

Post by trueismywork »

miki123211 wrote: post #369
ThePowerOfFuet wrote: post #268

Earlier quoted context omitted.

>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…

This is the truth.

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

#477

Post by pegasus »

matesz wrote: post #467
sevenzero wrote: post #322

Earlier quoted context omitted.

[flagged]

Its important to understand the context. Germany, and Europe in general, is basically like a falling empire. It will be less and less significant and life won't get any better than it is relatively speaking. The same will almost certainly happen with the US, but first goes Europe. Unfortunately citizens and therefore ruling elites of empires fueled by relatively extremely high standard of living for decades in compar…

Are you foretelling the dissolution of the British Empire which happened many decades ago? Are you saying Algeria will soon be free of French colonial rule? Is your middle name Nostradamus?

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

#478

Post by psychoslave »

niemandhier wrote: post #366
psychoslave wrote: post #302

Earlier quoted context omitted.

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.”

This can happen without putting the most part of intensive payload in a form of external dependencies that can be cut at any point by many factors, while losing all the skills and knowledge on how to effectively plant and harvest. Qualified farmers don’t appear magically over night, let alone people with the passion required to invest their own life into it.

And exporting the model that ravaged one own land, selling the poison that was forbidden in the countries exporting it, what kind of behavior is that? Letting some land having a bit of rest while the same depletion process is applied elsewhere, how fair is that?

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

#479

Post by wolvoleo »

socksy wrote: post #466
ExoticPearTree wrote: post #437

Earlier quoted context omitted.

> We don't want "at-will" employment like in the US. Only lazy people want to be employed for life somewhere. All the benefits, no responsibility.

Good thing then that there's a range of options between being let go immediately for no reason and companies being forced to employ bad employees for life.

Yes and that's basically what we have in most of Europe.

Only France really has a bit of the latter.

You can get rid of employees. You just have to show to the court that is necessary. Circumstances depend on whether it's individual performance or business need etc.

But the at will is very harsh and we don't want this here.

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

#480

Post by embedding-shape »

alibarber wrote: post #459
embedding-shape wrote: post #441

Earlier quoted context omitted.

> If the Estonian company is supposed to be considered a separate legal person based in Estonia, it shouldn't have to deal with anything Spanish. If the Estonian company has employed a person located in Spain, shouldn't the laws of both countries apply to this employment then? The employee lives in Spain, so obviously Spanish labor laws should be followed, and the company is in Estonia, so obviously Estonian law shou…

For labour - the laws of where that labour is actually being conducted are the ones that are followed. Spanish prosecutors can for sure bring a case against an Estonian company if they are not. In theory at least. But for company tax law, that company is a tax resident in Estonia, not Spain. Also, we harmonise laws such as traffic laws (for example, in Finland, all solid yellow central lines were painted white) so th…

> where that labour is actually being conducted are the ones that are followed.

So in that particular case, would be in both Estonia and Spain, just so we're on the same side?

> But for company tax law, that company is a tax resident in Estonia, not Spain.

Indeed, and I don't think the Estonian company would pay Spanish taxes, correct? Unless they have a presence (subsidiary for example) in Spain, then they would have to pay Spanish taxes. But if not, it's only the employee who pay Spanish tax. Or did I understand incorrectly?

> why not do the same for entrepreneurs?

I think this is exactly what we're doing right now :) Small steps, but EU-INC seems to be one of those steps in that direction.

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