Spot-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.
Yes, American cities are literally akin to 3rd world countries.
Why you might not want to incorporate in the USA
121–130 of 358 posts
Re: Why you might not want to incorporate in the USA
#122Earlier quoted context omitted.
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
#123I 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.
Non-government solutions to Europeans is unfathomable.
Re: Why you might not want to incorporate in the USA
#124And ... the article doesn't touch on it, but that goes triple on personal tax issues -- especially if you do not sever your ties to your previous states of residence. The US tax code, as evidenced by FBAR and FATCA, assumes that the only purpose of any financial transaction or account outside the US, is to hide money from the IRS. You have to report each and every "account", with contact details at the institution, e…
Since the US nowadays puts so much pressure on Swiss banks most - if not all of them - are extremely reluctant to open bank accounts for US citizens.
Re: Why you might not want to incorporate in the USA
#125Earlier quoted context omitted.
Care to fill us in with details to go along with your snark? Which part of 3rd world America did you visit? Anecdotally I enjoy decently fast broadband and mobile data coverage.
I went to NYC/Philly/NJ last summer.. T-Mobile barely exists out of the city itself, and yeah, speeds are abysmal. $50 for a sim card too... Anecdotally I went to the Swedish countryside in january; where I got 16Mb/s over 3g. (and it was free because: EU roaming is free on my carrier)
Re: Why you might not want to incorporate in the USA
#126Earlier quoted context omitted.
>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.
Medicaid and unemployment do not depend on age. ACA provides healthcare insurance subsidies based on income, not age. SNAP and other programs exist as well.
The US safety net is perhaps inadequate, but not "undisputably" "nonexistent".
Re: Why you might not want to incorporate in the USA
#127Re: Why you might not want to incorporate in the USA
#128Hmm, Seems the Google Cache version of this article is full of viagara links? - http://webcache.googleusercontent.com/search?q=cache:xBaBObi...
Re: Why you might not want to incorporate in the USA
#129I 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.
As someone who has been in business here since 2007, i would stop you right there! We have our share of a bureaucracy (example: took 6 months to get reply from Revenue as to what VAT to pay or not on sales of hosting packages, 23% sales tax (VAT) on customers from EU-28 was the answer eventually) and you quickly realise there are 3 types of companies here: 1. Large corporations setting up shops to launder money onto…
Two caveats though:
- You DO need to get a good accountant to get advice on international VAT charges as they are complex (I suggest bypassing them by using a company like FastSpring that manages them on your behalf).
- Small business owners should have the same social welfare security net as everyone else (I think this might be changing).
I agree with you on the inbred gombeens and cute hoors, but thankfully there seems to be less of them in the tech sector :)
Re: Why you might not want to incorporate in the USA
#130Earlier quoted context omitted.
Did you find it difficult to get Incorporated as well? or is was that fast, just everything afterwards tedious and slow? Did you found in Ireland?
No incorporation was extremely easy and fast. Its afterwards when the fun begins especially if you are in IT where Revenue might not know how to tax you and you need get a written judgement (So they don't accuse you of not paying taxes). For example I would love to start a bitcoin related business but afraid of what decision they might make (according to newspaper last week they are still deciding) Overall starting b…