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ForeignEntrepre

Re:Ask HN: Where would you incorporate your European startup? on Wednesday February 10, 2016 @09:06AM (#11072758)
Good point! Everybody thinks in Germany everyone speaks English. Well, they normally don't.
Re:Ask HN: Where would you incorporate your European startup? on Wednesday February 10, 2016 @09:03AM (#11072740)
Thanks for the hints. I am planning to dissolve and I am one of those "tests". How can it take one year to dissolve? could you elaborate on that?

Why I am leaving?: - My experience is that (my) accountants are bureaucrats, which may be necessary because. They only know about filling up forms and hours to charge you more and no advising. I am in a small city but the company is very big (BDO). Still the country encourages you to have an accountant (Even in the FinanzAmt, even in cases that in other countries you would do it yourself) - Taxes are huge (for a netto salary of "only" 2000€/m, so 24k year, is about 50-60k for the company). - Mentality is oposite to that of startup's. "You can feel it in the air" which means in everything you do, from lawyers, accountants, banks, even investors. - There is no benefit for investors (although I think there is some on work). However the for Handelskammer you only have to pay if revenue (or profit) is over a minimum, but I think it depends on the state. The first year that shouldn't be a big issue. Moreover, I would not start again in Germany because: - It is costly (500 min for standard basic in notary fees) - and long. No matter what they say in the official sites: is not 8 days; they don't count that you need to set (that means in advance) appointments with bank, notary, finance-amt,... usually several with each, It took me over a month to have the tax-number and wanting the VAT-number to operate internationally all was about 4 months. There is no one-stop company like in many other countries.

Sorry Germany, but in this situation it is a no-go.

Estonia, Irland, Luxemburg, I have hear about Bulgaria for low taxes too (10%). Spain, also problematic: you need to live there 50% of the year, you pay taxes even if you don't have income (this is crazy and it has been like that for... ever). Good thing, is not that high taxes and salaries are low for a very skilled people.

Re:Ask HN: Where would you incorporate your European startup? on Wednesday February 10, 2016 @08:42AM (#11072616)
I've only heard similar comment from accountants. I am not sure whether providers/customers really care about that. In fact I think accounts say that just because it was something new (so more work for them to learn).