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A comment on Why It’s Hard for Startups to Create Wealth in Europe. Parent comment

Re:Why It’s Hard for Startups to Create Wealth in Europe by vekker on Wednesday October 02, 2019 @07:31AM (#21135273)
You have other options, like VOF or CV, if you have funding constraints.

Here in Belgium there's the "starters-BVBA" which is the equivalent of the 1 euro GmbH. Yes, there's paperwork and some investment involved, but IMHO it's a myth that starting a company in Europe is a huge hassle.

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Re:Why It’s Hard for Startups to Create Wealth in Europe by AllegedAlec on Wednesday October 02, 2019 @07:43AM (#21135356)
> You have other options, like VOF or CV, if you have funding constraints.

Which isn't a real option; VOFs and CVs do not have the financial and legal separation of you and the company that a BV has.

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Re:Why It’s Hard for Startups to Create Wealth in Europe by vekker on Thursday October 03, 2019 @05:11AM (#21145030)
Do you really need that though? If revenue is not large enough to start a BV? You can still get insurance and separate bank accounts.

I did it before with a Dutch partner, we just started a VOF together. Our plan was to turn it into a BV once revenue reached a certain point (it never did, so we didn't... it was a side hustle).

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