[mattmanser]

Funny how there's tons of companies in Europe still.

What it actually lacks is the silly money of SV VC.

It's got the entrepreneurs, and it's got the risk taking, it's just not got the massive VCs. So Europeans make different kinds of companies.

It costs £19 to start a business in the UK, and you can do it in 5 minutes online, so again, you're wrong on the causes. If you want to talk about crazy bureacracy just raise the subject of what state/s corp/c corp/state taxes/lawyers fees/craziness you have to do in America.

It's just that the money willing to invest in startups has all congregated in SV.

[hopia]

The vibe I got from his post was that the formalities starting a company aren't the bottleneck, perhaps more of a symptom instead. Just about everything he said applies to Finland too. Registering a company means putting ~3000 € on the table but sure, you can do it fairly quickly online.

[Jommi]

Registering a company in Finland does not require 3000€ or even close to that. The figure is closer to 100€.

[hopia]

When I registered mine the minimum required amount of stock capital was 2500 €. That cash needed to be on the company's bank account before the registration was formalized. The notice to trade register to formally incorporate the company was 450 €.

Looks like the first rule was abolished last year. The notice to trade register now costs 275 € electronically, or 380 € in paper form.