|
|
|
|
|
by paskster
3445 days ago
|
|
Europe is not a single market at all. Simple thinks like making sure your invoice is paid from a customer who is based in another european country is practically impossible. I know because I am the CEO of a staffing company in Germany: national as well as international businesses book exhibition staff and other temporary employees for events in Germany and Austria through our platform. If one of our german customers does not pay, we can easily use the german legal system to ensure that we get our money. If we have to sue, our legal system makes sure that we are reimbursed if we win in court. But if for example an Italian business is using our service and they don't pay our invoice, we have no way to get our money. We technically could appeal to a court in Italy, get a lawyer in Italy, translate all documents to Italian and sue in Italy. But this would cost at least 20.000 EUR in total which are not reimbursed even if we win in court. That is why businesses who are not based in Germany have to pay upfront. I cannot call the EU a single market, if my business has to treat a customer from EU the same like any other customer around the world. So, maybe the UK will have some disadvantages if they are not part of the EU anymore. But they are not leaving a "single market" because the EU never was a single market. I guess they will be just fine without the EU. |
|
Compare this with the need to incorporate in Italy, have people hired there, an office presence, and so on. The barrier is not 0, but it's not even remotely as it is outside EU.