I'm a VAT payer and it's at minimum 15-20 incredibly complicated accounting forms per year, with harsh penalties for mistakes and missed deadlines. I would never be able to start doing business if I had to do this at the beginning, and I'm in the most lucrative market today - and I would never risk it too, the fines are damn huge.

Doing the forms costs me thousands of euro yearly even though my accounting is totally simple, I have just few invoices per month with just few line items.

As I said, this is why this place is failing business-wise.