Looking for Work After 25 Years of Octave

Re:Looking for Work After 25 Years of Octave by toyg on Thursday February 09, 2017 @07:16AM (#13606375)

Some of those costs are general accountancy that you would have to do anyway, as long as you try to sell anything.

AFAIK the big problem with VAT, from a seller perspective, is the fact that most governments, knowing full well that 90% of businesses fail in the first 2 years, ask for big upfront payments on estimate VAT remittances in that window, to make sure they don't lose out. After 3 years, as long as your accountancy is correct, it should be smooth sailing.

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Re:Looking for Work After 25 Years of Octave by usernam on Thursday February 09, 2017 @09:08AM (#13606966)

At least in Italy, this is exactly the opposite. The first 5 years you are given a "relatively" easy start, giving you a false sense of the costs involved. After the 5 year mark, the costs suddenly becomes 5-7x, often making the company fail.

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Re:Looking for Work After 25 Years of Octave by zerr on Thursday February 09, 2017 @09:47AM (#13607253)

Is it possible to "restart" the company? Maybe with slightly different name :)

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Re:Looking for Work After 25 Years of Octave by usernam on Thursday February 09, 2017 @05:33PM (#13611655)

There are several ways to obtain a VAT number, but the most economical is by binding the company to an individual, which of course won't be able to do so.

There are other way to start companies that are not directly attached to a person, but this involves a much larger upfront capital, which is designed to avoid exactly this scenario.

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