Fixing Italy, a little bit at a time

Re:Fixing Italy, a little bit at a time by bkor on Friday April 17, 2015 @05:25AM (#9393130)

A LLC is a burden on the country if you go bankrupt. So obviously you need to show that you have enough money. Are you sure about the rules? I was taught (though ages ago), that you could basically get a short loan for the amount. Further, it was more like 10k IIRC.

I'm surprised you think the rules should be eased. An LLC is pretty often abused for fraud. Putting everything in an LLC, letting it go bankrupt, moving to the next one, etc.

Edit: BV for .nl is 260 EUR at https://www.oprichtenbv.nl/. I just googled for it. No additional costs.

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Re:Fixing Italy, a little bit at a time by jarek-foksa on Friday April 17, 2015 @05:55AM (#9393228)

The directors are fully liable if their actions are found to be fraudulent. It's "limited liability", not "no liability whatsoever".

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Re:Fixing Italy, a little bit at a time by bkor on Friday April 17, 2015 @11:07AM (#9394759)

Which in practice is not enforced very often.

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Re:Fixing Italy, a little bit at a time by lavamantis on Friday April 17, 2015 @01:16PM (#9395739)

> "An LLC is pretty often abused for fraud"

Do you have any stats on "legit" LLCs vs. "fraud" LLCs? I would imagine that the VAST majority of LLCs are started by honest people just looking to create something new. There will always be social hackers in all fields of human endeavor looking to exploit loopholes for personal gain, but my assumption is that they are a small minority.

It seems like the benefits of LLCs to a society would outweigh the negatives.

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