Earlier quoted context omitted.
I'm not so sure about that. Elon Musk and Trump promised something of this sort, created the DOGE department and ended up not saving anything despite claiming to uncover waste. > Dying out, pyramid scheme retirement system mostly. The solution to this is more creampies 20 years ago, no government action can change that. Every generation pays for the retirement of the previous one and if a generation makes less kids t…
Well the slovak goverment alone stole billions of euros. Stole. Imagine if we didnt have to pay all the farm subsidies to keep 5 goats in mountains. Or to pay hungary for lookout towers in the middle of nowhere.
EU–INC – A new pan-European legal entity
401–410 of 761 posts
Re: EU–INC – A new pan-European legal entity
#402Earlier quoted context omitted.
As a Swede(working in the energy sector no less), Sweden has only themselves to blame for their catastrophic decisions, like killing a world leading nuclear industry. Don’t blame Germany for Swedens incredibly stupid decision to shut down functioning nuclear reactors prematurely.
Why was the German shutdown premature?
Re: EU–INC – A new pan-European legal entity
#403Re: EU–INC – A new pan-European legal entity
#404Earlier quoted context omitted.
It's one of the idiotic "our tax money is spent for bicycle lanes in foreign countries" mindsets many right wingers share in Germany.
Just because you accusse people to be "right wingers" because they don't want to fund bicycle lanes in foreign countries doesn't make them wrong. If you want to fund bicycle lanes in foreign countries, go start a fund an fund them privately. For the people that don't know the topic: - yes, German taxpayers are indeed funding bicycle lanes in foreign countries - it's not the only waste of money going to foreign countr…
Re: EU–INC – A new pan-European legal entity
#405Earlier 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
#406It'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.
Re: EU–INC – A new pan-European legal entity
#407Earlier quoted context omitted.
I don't know much about corporations, but why business plans are needed at all? I mean, for EU citizens. bank (loans), immigration and investors can be interested, but their interests are not covering every corporation out there.
It's basically a proof of "most basic effort" that you're serious. You could probably note down some stuff on a single A4 and get it approved, it doesn't have to be a 40 page dossier. Kind of like fizzbuzz, just something really simple and most basic to get rid of the "easy scams" and so on. Edit: So "easy scams" are probably the wrong word, I initially wrote "riffraff" because in my mothertoungue that isn't so... di…
Re: EU–INC – A new pan-European legal entity
#408Earlier quoted context omitted.
> This is clearly about EU and Europe UK is in Europe.
I am sorry to break the news, but UK is not in EU, so registering a company in UK is of the same effect as registering it anywhere else outside EU
Re: EU–INC – A new pan-European legal entity
#409Earlier quoted context omitted.
There is a huge spectrum between "require impossible documentation" and "require none". Germany and EU are heading towards the former.
Literally the whole effort this submission, is about is moving a tiny step towards "require none" but not go all the way, compared to how it is today. You chose the wrong submission to comment that on, in any "new regulation in EU" submission that might have been appropriate, but this move is quite the opposite of what you say is happening.
Re: EU–INC – A new pan-European legal entity
#410My Dear German friends, please accept that EU-inc is a massive boost for EU competitiveness. Continuing to block progress here only proves that the EU is good at making promises on paper but fails to deliver real change. The reason this "28th regime" actually works—and bypasses the previous vetos — is that it’s optional. It doesn’t try to force Germany to change its local GmbH laws or kill the notary system overnight…
This idea was made by French and German government . I'm not sure why do you think the German government is against it.
It is true, but lets face it - it is just a high-level proposal. Better than previous ones for sure, but still just a proposal.
And there is a massive gap between the PR and the legal reality. Germany and Austria already torpedoed the previous attempt (the SUP) specifically because it allowed online formation without a notary.
So I would advise against certainty in that the fight is over. I also don't want to wait another 10 years. Honestly by that time just setup topco in UK and if series A will come just do the flip later if you don't want to go to SV straight away.