Earlier quoted context omitted.
Each of those places (besides Delaware, kinda) has economies larger than a large chunk of the EU.
Yeah, we've realized that, that's why we keep iterating on the union :)
EU–INC – A new pan-European legal entity
601–610 of 761 posts
Re: EU–INC – A new pan-European legal entity
#602It'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…
Having a startup in the US is a huge mess due to all the states and taxes, if Europe can make everything digital AND easier, it's a no brainer for us to move our company there.
Not really there are literally companies as a service that take care of everything for next to nothing. It's actually kinda crazy how you can be up and running in under a week in the USA.
Re: EU–INC – A new pan-European legal entity
#603Earlier quoted context omitted.
Various places in Europe already have what amounts to at-will employment. There are exemptions for companies under a certain number of employees (e.g. 25 in Italy). There's a wide use of fixed-term contracts (6/12 months). Many work through agencies, which means they can be "fired" with a few weeks' notice.
Not really. Fixed-term contracts can not be used indefinitely. A worker must be permanently hired after the first extension. Agencies can not be used indefinitely, and also, the agency is required to support the employee after the client lets them go. So the company just pays to shift that responsibility but the responsibility towards the employee is there. A company is also not allowed to make an employee 'self-empl…
After the first extension the worker will not be hired again.
> Agencies can not be used indefinitely
Yes they can.
> A company is also not allowed to make an employee 'self-employed' by making them start their own company.
Wrong. I've seen this happening personally.
> I'm just talking about holland here but all over europe the conditions are similar.
You're talking about what you think is happening in Netherlands, and the conditions in many places in the rest of Europe are not like that.
> But those are mostly for in-between gig jobs. Not for stuff people make a career out of.
Not yet.
Re: EU–INC – A new pan-European legal entity
#604Earlier 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…
Re: EU–INC – A new pan-European legal entity
#605Earlier quoted context omitted.
Companies are treated like persons legally and while I'm sure there is too much bureaucracy in many places, I'm also sure that there are important documents that should be required. For example to make sure that a company can be held responsible when it breaks the law. There are already enough loopholes to disconnect legal responsibility from profit-taking, and not every company is benign. Sure, if the documents cann…
> For example to make sure that a company can be held responsible when it breaks the law. This is the reason Germany hates small companies. Germany wants you to be a sole trader with no liability shield. Some people hack the system by registering a company in another EU state such as Lithuania.
Re: EU–INC – A new pan-European legal entity
#606Earlier 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…
Re: EU–INC – A new pan-European legal entity
#607Earlier quoted context omitted.
Free healthcare and social welfare I'm in agreement on. But why does at will employment need to conflict with that? The problems of wage values, food and shelter, and healthcare can be handled completely independently of employment. If someone feels it is too easy to do nothing without requiring employment to gain some of those benefits, you can have the government as an employer of last resort. But making it easy fo…
At will employment is something we'll never accept here. We don't need the threat of having nothing from one day to the next. It's good for billionaires but not for actual people that matter. Running a business is not something everyone should have to do anyway. It's good if it's hard. That keeps the cowboys at bay. I would never ever want to own a business. I don't need that uncertainty. I just want a stable wage. T…
If the USA is in decline you must consider Europe a failed state at this point then? Nearly every wealth inequality issue is worse in Europe then the USA. Youth unemployment has become a permanent fixture of society, your housing affordability crisis makes the USA look really good, most of your nations can't afford to keep social services at current levels and will be cutting them over the next decade, and you need to actually spend on military now that's just going to happen faster.
It's kinda funny by trying to avoid "late stage capitalism" the EU is going to force themselves into it as quality of life and global relevance continue to fade.
Re: EU–INC – A new pan-European legal entity
#608Earlier quoted context omitted.
At will employment is something we'll never accept here. We don't need the threat of having nothing from one day to the next. It's good for billionaires but not for actual people that matter. Running a business is not something everyone should have to do anyway. It's good if it's hard. That keeps the cowboys at bay. I would never ever want to own a business. I don't need that uncertainty. I just want a stable wage. T…
I agree with everything you said except for the cowboys bit. I don't think business owners should be a separate class of people. It shouldn't be unusual to meet people that own their business. I don't want to do it, it would stress me. But we can let random people try random ideas without having to start out wealthy, and we shouldn't have the failure of that business and the loss of those employees' jobs, risk the he…
Re: EU–INC – A new pan-European legal entity
#609Earlier quoted context omitted.
You just pay. All the problems are known and have workarounds, it just involves money. That’s my point. It doesn’t have to be nice or clean or smooth, if there is a known solution which someone can just throw money at, at scale. The harder problem with these smaller countries and economies, is people haven’t figured out how to do that yet. So you end up having to track down x or y random lawyer, then hope they don’t…
That's a very American approach. Just enable a grift economy existing purely because the original thing was bad. The Nordic approach is to make the original thing better. The end result is less wasteful.
Lots of people have built homes and families off it.
What really slows an economy down is when money stops moving.
Re: EU–INC – A new pan-European legal entity
#610Earlier quoted context omitted.
> ... and a business plan? Why would the government need a business plan? It's none of their business what you want to do with your company besides a general description as "software development" or "consulting services" or whatever.
> It's none of their business what you want to do with your company There are plenty of European member states that want the ability to control very precisely what you do with "your company". You want to call yourself "a software engineer"? Ooops... In the EU it seems particularly the German-speaking countries are borderline obsessed with a) titles, and b) whom may use those titles. See, for instance, https://news.yc…