Live data from Hacker News

EU Inc.: A new harmonised corporate legal regime

commission.europa.eu

21–30 of 99 posts

Re: EU Inc.: A new harmonised corporate legal regime

#21

Earlier quoted context omitted.

Well, this part of bureaucracy tries to provide a single bureaucracy instead of 27 different ones.

I think the question really is: What's better? One giant bureaucracy or 27 smaller (and competing) bureaucracies?

Bureaucracies are not in competition though. They are intended monopolies. For a prospective company they are investment options, larger countries usually have larger bureaucracies but also larger labor markets.

Re: EU Inc.: A new harmonised corporate legal regime

#22
post #9

Earlier quoted context omitted.

That obviously makes no sense. A club isn’t a sovereign entity just because it has rules. Hungary is free to leave the EU and set a border policy that conflict with EU law if it wishes - but if it wants to remain part of that organisation, particularly one that has open borders thorough The Schengen area, then of course it needs to follow the rules.

As UK showed, leaving EU is hard and EU will fight you on it as well as seek to penalize you

It was only hard because UK wanted to stop immediately to participate to budget while continuing to benefit from already agreed multi-years policies.

Re: EU Inc.: A new harmonised corporate legal regime

#24
post #18
post #9

Earlier quoted context omitted.

As UK showed, leaving EU is hard and EU will fight you on it as well as seek to penalize you

EU didn't fight UK. UK fought EU to not lose their exorbitantly privileged status and benefits while leaving the club itself. They wanted to have their cake and eat it too. When they realized and decided that they will get none of the benefits, the finalization of the exit took merely weeks. EU is a huge privilege / opportunity for smaller countries. EU-6 doesn't need the other ones to be the second biggest market. I…

>EU-6 doesn't need the other ones to be the second biggest market.

That's where you're wrong. Where would German industry be today without the labor, suppliers, export market and cheap energy imports from the other non-EU-6 members? Especially after they denuclearized and derussified their energy sector and nuked their birthrates, and so rely on importing energy and workers from everyone to stay afloat. You can't claim you don't need them while you're importing their energy, labor, resources, doctors, etc. You can't treat your country like an economic zone, while ignoring all the economic transactions.

Re: EU Inc.: A new harmonised corporate legal regime

#25
post #8
post #3

> The objective is to enable innovative companies to operate under a single, harmonised set of EU-wide rules, covering relevant aspects of corporate, insolvency, labour and tax law. A good idea in theory > legal framework provides faster (within 48 hours), cheaper (maximum EUR 100) and fully digital company registration, simplified procedures throughout the company life cycle Did not expect this . If they deliver, th…

> If they deliver, this might actually make startups in europe a bit more common Just in time for AI to make startups no longer possible for labor capital to undertake as financial capital alone (plus the hyperscalers) take the reigns. Once there's a $1M Claude Code button to implement an entire business, it's over. Engineeers and business folks and the startup hustle are over. I was hoping open source would save us,…

Brick and mortar stores, as well as service oriented businesses do exist and will continue to do so for the foreseeable future. Tech is not the entirety of business.

Re: EU Inc.: A new harmonised corporate legal regime

#26
post #4
post #2

It's funny that the EU pretends not to be a sovereign entity or a state in its own right, but then sets up legal frameworks like this. Even in the US, you can't set up a corporation at the federal level: apart from a handful of entities chartered via special acts of Congress, a business entity must exist under the laws of a particular state.

[flagged]

Hungary can leave the EU if it wants. Article 50 exists for this.

If it wants to stay in the EU it has to adhere to the bloc rules. It is not forced to stay in the EU (and, in fact, getting rid of Orban would not be such a bad idea). Hungexit when?

Re: EU Inc.: A new harmonised corporate legal regime

#27
post #9

Earlier quoted context omitted.

That obviously makes no sense. A club isn’t a sovereign entity just because it has rules. Hungary is free to leave the EU and set a border policy that conflict with EU law if it wishes - but if it wants to remain part of that organisation, particularly one that has open borders thorough The Schengen area, then of course it needs to follow the rules.

As UK showed, leaving EU is hard and EU will fight you on it as well as seek to penalize you

How, exactly, did the EU penalize the UK for leaving?

Please, elaborate, I'll be waiting.

Re: EU Inc.: A new harmonised corporate legal regime

#28

The only antidote to bureaucracy is more bureaucracy.

Well, this part of bureaucracy tries to provide a single bureaucracy instead of 27 different ones.

The second such attempt - there's also Societas Europaea.

Re: EU Inc.: A new harmonised corporate legal regime

#29

Earlier quoted context omitted.

That obviously makes no sense. A club isn’t a sovereign entity just because it has rules. Hungary is free to leave the EU and set a border policy that conflict with EU law if it wishes - but if it wants to remain part of that organisation, particularly one that has open borders thorough The Schengen area, then of course it needs to follow the rules.

[flagged]

Are you really conflating the idea of Schegen with "keeping unlocked doors to your house"?

Very quick way to show you are not willing to engage in ideas in good faith.

Re: EU Inc.: A new harmonised corporate legal regime

#30
post #9

Earlier quoted context omitted.

That obviously makes no sense. A club isn’t a sovereign entity just because it has rules. Hungary is free to leave the EU and set a border policy that conflict with EU law if it wishes - but if it wants to remain part of that organisation, particularly one that has open borders thorough The Schengen area, then of course it needs to follow the rules.

As UK showed, leaving EU is hard and EU will fight you on it as well as seek to penalize you

The EU will fight you? If Texas tried to secede from the US, the government would send in the military. The EU "fought" them by not giving them a sweetheart trade deal on their way out the door?
Post reply on HN