Re:U.K. to Trigger Brexit March 29, Starting Two Years of Talks
by corford on Monday March 20, 2017 @08:56AM
(#13913699)
If I was incorporating in Europe today and didn't need SEIS/EIS I'd definitely at least look at Ireland, Germany, Malta and Estonia before automatically picking the UK. The criteria would be something like:
1). Is it easy to do most company filing work, taxes, VAT etc. on-line 2). Is it easy to open a business bank account there 3). Are investors familiar with that country 4). Is the required paid up share capital on incorporation small 5). Is the process quick (and corporate tax rate & legal compliance burden not too onerous)
Similarly, if you're starting a company it probably makes sense to make Berlin or somewhere like that your home. Why risk potentially having your supply of engineers reduced dramatically post-Brexit? Funding could start to dry up in the UK for the same reason.