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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

#641

Post by jandrewrogers »

embedding-shape wrote: post #628
tick_tock_tick wrote: post #601

Earlier quoted context omitted.

Has it been effective though? The EU used to have a bigger GDP than the USA in 2008 now the USA is over 50% larger. Member nations are still dragging their feet on doing much of anything in the Draghi report and it's unclear if that will ever change.

> Has it been effective though? At what specifically? At preventing another European war? Up until very recently, pretty good. No more world wars as of yet, but 80 years has past since the last, everyone with memories of how horrible it was, are almost gone, so I guess we're building up to another one. I'm hoping that at least Europe sticks together if it gets down to it. I'm not sure why GDP is such an important ind…

> USA keeps getting a larger GDP you say, yet the population at large seems to be getting poorer

People in the US may be many things but poor is not one of them. The median household income is ~$85k and the median household lives somewhere pretty inexpensive. The amount of money Americans can afford to waste on things they don't need is unmatched.

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

#642

Post by codingcodingboy »

wolvoleo wrote: post #482
WarmWash wrote: post #424

Earlier quoted context omitted.

The EU has a borderline stagnant economy, couldn't defend itself from Russia, facing population collapse, totally whiffed on the tech scene explosion in the last 25 years, now also missing out on AI. European social obligations are expensive, yet nobody seems to really want to stress about creating new sources of wealth. At some point Europeans need to look in the mirror, and understand that the last 30 years has bee…

We can defend ourselves, it's just that the US didn't want a too-powerful Europe until trump. In particular nuclear. They heavily pushed against that. We'll have to scale this up now but it is not a big problem. Population collapse is a good thing. We already have too many people in this world, causing environmental and housing issues. We can't keep ever growing as humanity, stabilisation or even a reduction is very…

"In particular nuclear. They heavily pushed against that."

Saw this yesterday related to nuclear deterrence in Italy.

https://x.com/NichoConcu/status/2012882747434426605

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

#644

Post by throwaway2037 »

johannes1234321 wrote: post #512
direwolf20 wrote: post #499

Earlier quoted context omitted.

Which law says it must be registered in Germany?

It must be seated where the business happens for compliance with tax laws. But you may have a French S.a.r.l. in Germany and thus fall under their company law (with impact on publication responsibilities, company governance etc.) While for some cases there is room for abuse (like Amazon Kindle eBooks are sold to Germany by a company situated in Luxembourg, while only selling via amazon.de to audience with German resi…

     > However my employer is a Dutch B.V. with headquarters in Germany, thus they avoid having to form a board with works council representatives as a German GmbH (or AG) of comparable size would require.
Damn, that's a pretty sleazy business practice. How do you feel about it? That would be a nice loophole to close.

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

#645

Post by codingcodingboy »

belter wrote: post #511
whateverboat wrote: post #213

Earlier quoted context omitted.

What about Luxembourg?

Avoid Luxembourg like the plague unless you are a company like Amazon. And even them are making a massive mistake form a governance and risk management point of view of being based there. But they have their tax deal...

Can you explain why?

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

#647

Post by cowl »

wolvoleo wrote: post #526
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.

No, we still work. Just want some continuity. Not working for a company without direction chasing the latest fad and dumping everyone if it doesn't work out, but a good company with a decent business plan.

Is someone forcing you to work at a company chasing the latest fad? You go and choose the type of company you want. The keyword here being "Choice".

There are plenty of workers that would not mind carring a little more risk in those companies for better pay, and those companies could offer better pay if not made to jump through loops.

Classic Example is the "Consultant" contracts.

Companies are paying through their nose to hire "consultants" because it's the easiest way they can try a new idea that might not work.

Company A pays Company B 1k/day for that "consultant", Company B does not have enough capacity so gets that "Consultant" from Company C for 700/day. Company C does the same and gets the consultant from Company D for 500/Day. Company D actually employs the consultant and pays him 200/Day. In this whole useless chain build to avoid the "can not fire even if your projects doesn't work" Both Company A and the actual Employee are losing big, Both would be much better having a direct contract for 500/day with the understading that this might not work after all.

Notice that for that Employee, stability is not there even now. yes he continues to be employed by Company D When Company A stops the contract but he is effectivly moved to another Contract with Company X. he is effectivly changing Jobs, new reposnsabilities, new collegues, new rules etc. only in the eyes of the state he is not changing jobs.

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

#648

Post by embedding-shape »

jandrewrogers wrote: post #641
embedding-shape wrote: post #628

Earlier quoted context omitted.

> Has it been effective though? At what specifically? At preventing another European war? Up until very recently, pretty good. No more world wars as of yet, but 80 years has past since the last, everyone with memories of how horrible it was, are almost gone, so I guess we're building up to another one. I'm hoping that at least Europe sticks together if it gets down to it. I'm not sure why GDP is such an important ind…

> USA keeps getting a larger GDP you say, yet the population at large seems to be getting poorer People in the US may be many things but poor is not one of them. The median household income is ~$85k and the median household lives somewhere pretty inexpensive. The amount of money Americans can afford to waste on things they don't need is unmatched.

"Poor" isn't just "doesn't have N USD", purchasing power as just one example, matters so much more. But maybe it was a poor choice of words on my part, sorry.

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

#649

Post by xvokcarts »

wolvoleo wrote: post #547
ExoticPearTree wrote: post #543

Earlier quoted context omitted.

Then go be an entrepreneur and create a company with no risk of failing. And let us know how that works out for you.

I don't want to be an entrepreneur. And it doesn't have to be riskless. Just to have a good business (plan). But this is the status quo in Europe. Companies are forced to take failure into account before they dive in deep, because it will cost them. Provide benefits for their employees, etc. This is good. Companies exist to provide jobs. Not only to make money for the owner and externalise all the negative effects on…

> Companies exist to provide jobs. Not only to make money for the owner and externalise all the negative effects on society.

I think it's safe to say that the one who starts something has the privilege to make the call on its purpose. And I'd bet most if not all people who start companies do so in order to make money for themselves, and providing jobs is a means to that end.

So, if a company could make profit without employing a single person, it would still serve its purpose.

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

#650

Post by bgnn »

rambambram wrote: post #517
bgnn wrote: post #303

Earlier quoted context omitted.

This here is the problem for most of EU countries. We Dutch are proud how easy it is to do business here. Maybe, compared to some other countries. But starting a BV here and 1 month later finding a representative of a trade union (metal sector, which somehow semiconductors fall under together with car garages, petrol stations, steel factories..) and asking me to come to their office in person to explain what we do, a…

These trade unions are notorious for that. I worked as a labor legal advisor and especially the unions for temporary employment agency start 'barking' and demand loads of money (even from years back). Sometimes it's not even clear which union is applicable. You probably have all the info right now, but make sure everything is 'in line'. I mean, have your company codes at the tax authority match the applicable union m…

Yeah our case was strange because we develop chips and design software related to it. Belastingdienst categorized us wrongly as metalelektro, and we got this guys (Cometec) within two weeks of that. In the meantime we have applied this sector assignment to be corrected, which eventually happened while we were getting threatened into bankruptcy by these guys.

What I don't understand is, we got a lot of help from RVO, Belastingdienst etc before and during incorporation. Nobody talked about this! We got sone numbers from Belastingdienst about social security contributions per sector, but like 15% cut per employee wasn't mentioned once. To this date I don't know what legal basis do they have to ask for this amount of contribution. Nobody mentioned any law, or a decision by ministery of social affairs. Very strange to deal with this, because it's literally someone showing up and asking for money without telling even based on what.. It gave very strong gang vibes, which was surprising for me as I was always a member of a trade union.

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