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Why you might not want to incorporate in the USA
111–120 of 358 posts
Re: Why you might not want to incorporate in the USA
#112How big a threat are patent trolls while incorporating in the US? Companies get sued for scanning and emailing documents!
Its not incorporation itself that attracts patent trolls. They go after the scent of money. Like, after you announce a round of funding, a troll will suddenly realize you are 'infringing' on their patents.
Re: Why you might not want to incorporate in the USA
#113I really don't understand this fetishization of the US for business. If you want to be sued into utter oblivion and live on the streets with a nonexistent social safety net I guess it's all right. I'm in Ireland and if you want to start a real business (not some rinkydink app that mysteriously needs €30 million in funding so you can fail more spectacularly) the climate seems quite good.
>I really don't understand this fetishization of the US for business. The USA is a huge market. > If you want to be sued into utter oblivion and live on the streets with a nonexistent social safety net I guess it's all right. Oh come on. This is ridiculous even for hyperbole.
There's some truth to it. Patent trolls are doing alot of the former (you don't hear from most of their victims, by design), and the latter is undisputably true unless you're over the age when social security payments and medicare coverage kick in.
Re: Why you might not want to incorporate in the USA
#114As the article states, Denmark, while having high taxes, is very business-friendly: Very little bureaucracy, almost zero corruption, English-speaking population, relatively cheap apartments ($1,850 per month for a newly constructed two-bedroom apartment in central Copenhagen) and very low expenses of health care and firing people. Also, while wages are generally very high, they're not high compared to Silicon Valley…
And god forbid, the 180% registration tax on vehicles (basicly any type of vehicle becomes twice as expensive) PS. Electric vehicles are an exception, making the Tesla very cheap in terms of premium cars (think Mercedes-Benz S class, BMW 7-series)
True, but note that public transportation is much better, and riding your bicycle is easier. Denmark has one of the lowest daily commute times in the OECD countries according to the graph on http://www.theatlanticcities.com/commute/2011/10/american-co...
Basicly any type of vehicle becomes twice as expensive
No, not vehicles used for business. The high taxes are on personal cars.
Re: Why you might not want to incorporate in the USA
#115Earlier quoted context omitted.
Filling out "a form" is not the issue outlined. Filling in "hundred of forms', taking up to 6 months and not being able to pay employees is. Furthermore, Razuna is successful. All we wanted is to continue on US soil and expanding by hiring US people and thus paying US taxes = bringing money to the US. That's what the blog post is all about. It has been written to show what it takes to incorporate for a European compa…
If I may, it sounds like the hurdles encountered were: - Paperwork and fees/taxes in each state an employee works in. - Securing a work visa to enter and work in the US. But, it sounds like, if we were to swap places and Nitai lived in the US, trying to start a business in Europe, he'd be faced with - Paperwork and fees/taxes paid to each country his employees worked. - Securing a work visa to enter and work in the E…
This is NOT about PRO-Europe or PRO-USA. It is about how difficult the current government makes it to come to the US, build business and live there (as a European).
I personally know one CEO who runs a 80 Mil./year company in the USA, has 250 employees (3/4 are US citizens) but only received a green card or allowance to stay longer then one year in the USA 10 years into the business.
That said, you can't compare the USA with the European immigration laws. As an example, there are many Americans living in Berlin. The way you can live in Berlin is by flying to Berlin and show up at the immigration within a week and tell them that you want to move here, pay taxes and work. It is even easier if you already have an employment.
Additionally, there is something like a "Language" & "Artist" visa in Germany. Under these visa's you can simply stay and live here. You can even build businesses and start employing people.
That's Germany. Want to live in Denmark? Same there. Want to open a business and live in Switzerland. Go register yourself and work. Right, you cannot vote and don't have a nice "credit" but at least you are given the chance to build something.
Now, if there would be a startup-visa in the USA, I'm sure there would be many willing to move and try to build a business in the USA. But as it is now, you can't. I'm not taking way jobs from any US citizen, quite the contrary, we are hiring people and try to contribute to the US system.
Re: Why you might not want to incorporate in the USA
#116Earlier quoted context omitted.
Ireland doesnt have sales price, do you mean VAT? Edit. Sorry you have it on brackets on the next line.
Yes sorry VAT (i called it sales tax for US readers to relate) We have a lowish corporation tax of 12.5% yes paid on company profits, but everything else is very high! For example out of a ~€39000 salary last year after all taxes i was left with €25000, things get rapidly worse from there if you want to move money from your company to yourself, people can check http://www.deloitte.ie/tc/ for ideas of what income taxe…
> Yes sorry VAT (i called it sales tax for US readers to relate)
Sales tax and VAT are different. http://en.wikipedia.org/wiki/Value_added_tax#Comparison_with...
VAT only taxes the value added to goods by an entity, so if they buy parts for £10, make a widget from those parts, and sell a widget for £20, they pay VAT on £10, with the assumption that they entity that sold them £10 of parts paid VAT on the rest of it. There are also possibilities for running costs (such as purchasing a screwdriver to assemble the widget) that are not taxed, because they are not sold on to the public.
Sales tax is repeatable, so tax may be paid for a particular good each time it passes hands. Yes, there are exceptions.
Re: Why you might not want to incorporate in the USA
#117Spot-on. Also, don't get me started on mobile internet and broadband. Every time I go to America it's like going to a 3rd world country.
By definition the US can't be like a 3rd world country (hint: 3rd world country is not what I think you mean to say [1]) [1] http://en.wikipedia.org/wiki/Third_World
I'm not sure why this guy was down-voted. There is a big (and maybe worldwide spread) confusion about the definition of first/second/third world.
For example, Qatar is a third-world and it's pretty well developed. Turkey is a first-world and yet it's an under-developed country.
Re: Why you might not want to incorporate in the USA
#118Earlier quoted context omitted.
I just went to a Starbucks and don't see those links. Can you please point that out further?
Google Webmaster Tools' "Fetch as googlebot" feature is useful in debugging these problems. See http://www.mattcutts.com/blog/fetch-as-googlebot-tool-hacked...
Awesome. Thanks. Should be good now. Though, will test some more.
Re: Why you might not want to incorporate in the USA
#119As the article states, Denmark, while having high taxes, is very business-friendly: Very little bureaucracy, almost zero corruption, English-speaking population, relatively cheap apartments ($1,850 per month for a newly constructed two-bedroom apartment in central Copenhagen) and very low expenses of health care and firing people. Also, while wages are generally very high, they're not high compared to Silicon Valley…
How does that translate to software startups? I haven't seen many on HN, for whatever that means.
Re: Why you might not want to incorporate in the USA
#120This article is funny. Makes it sound like the USA is all complex, in the stone age, etc. I lost it at the green card part/to work in the USA was hilarious as the USA grants so many of those it isn't even funny. That's the whole point of people in this country complaining that foreigners take our jobs.