>pan-european ‘EU Inc' corporate structure is essential for European startups.
It's not. Even in the US there is lots of variation between states. Delaware company exists for a reason.
EU is already so harmonized that startups can shop for best corporate structure and law, just like they do in the US and run their business smoothly. Estonia, Netherlands, Ireland, Luxembourg, Sweden, ... pick your favorite. What makes EU more difficult as common market is more different business cultures, languages, and markets. That's not something EU can change from the top.
> "EU is already so harmonized that startups can shop for best corporate structure and law, just like they do in the US and run their business smoothly."
It's not harmonized at all, it's fully fragmented.
You can't hire someone working from another EU country. You can't raise capital across the EU. You have many different rules, regulations, taxes, etc depending on the state.
5 comments
[ 3.8 ms ] story [ 25.4 ms ] threadIt's not. Even in the US there is lots of variation between states. Delaware company exists for a reason.
EU is already so harmonized that startups can shop for best corporate structure and law, just like they do in the US and run their business smoothly. Estonia, Netherlands, Ireland, Luxembourg, Sweden, ... pick your favorite. What makes EU more difficult as common market is more different business cultures, languages, and markets. That's not something EU can change from the top.
It's not harmonized at all, it's fully fragmented.
You can't hire someone working from another EU country. You can't raise capital across the EU. You have many different rules, regulations, taxes, etc depending on the state.
Irony aside but color me skeptical: there is no way Germany is going to let go of its precious bureaucracy.