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by ivanovb
2070 days ago
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On the other part of E.U., in Romania, no matter what kind of business you want to start you need to battle with the bureaucracy. Out of high-tech domain, I was thinking that my grandma could sell the jam she makes - but she can't sell it legally if it's produced in her own house - no matter how low is the production. Maybe just at some kind of farmers market, but that is iffy. If I want to invoice some custom development for software, I can not do it as an individual. I either need a BS in Compute Science or setup a SRL. The romantic view of starting out in the garage is quite illegal in these parts. You need to spend a lot just to test a business idea. And what yous spend is not actually investing in the business, but just wasting time and resources with the bureaucracy. |
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And once you have a business set up then the fun starts. For extra sadism, try winding down your business!
I wonder if Europeans know US companies of much bigger dimensions are capable of keeping their own accounting and the sky is not falling. But in Romania, every month the accountant must get the paperwork, do the magical incantations (that nobody! reads). The Annual report even costs extra since it's more stuffy and it gets uploaded to the Finance Ministry so they get a chance to do nothing with it.
Sorry for the rant, I'm also traumatised by living here and knowing it could be different.