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▲ nottorp 2 days ago

Being Germany, that means it only takes six months to properly register a startup? :)

▲CodesInChaos 2 days ago | parent [-]

I really hope "EU Inc." will reduce the pain in that area.

▲egorfine 2 days ago | parent | next [-]

It may, but only for the incorporation step. All other pain points in Germany are yours to enjoy.

▲CodesInChaos 2 days ago | parent [-]

Yes, accounting/tax related stuff is still annoying. But there are a few more advantages:

* Employee share options are taxed when they sell the shares, not when issuing the option (regardless of strike price) nor when exercising it.

* Changes to the shareholder structure (e.g. raising capital) don't require visiting a notary

And I'm not sure if incorporating in a different EU country (while still looking just like a German EU Inc) would avoid some of the German pain points.

▲egorfine 14 hours ago | parent [-]

> there are a few more advantages

I'm pretty sure Germany is more than capable to negate all those. For instance it is inconceivable to imagine company law practiced in Germany without a notary speaking out loud the whole shebang.

▲CodesInChaos 9 hours ago | parent [-]

It's amusing how top law students become glorified narrators/voice actors.

Had to visit one of these every time we raised capital. He never did more than read the text aloud and perhaps correct a typo. I don't want to know how much the company paid for that privilege.

▲superze a day ago | parent | prev [-]

EU inc is what made me start believing, my idea is possible.