[emteycz]

I was born in, live, work and do business in the EU.

Perhaps you're talking about one of the 'free' sectors? My IT services business is as easy as you say, even being a VAT payer is not that bad to me (but is to others in different sectors).

Medical devices, or e. g. people transportation (which I have experience with) are the polar opposite.

[p1necone]

Medical devices and transportation sound like exactly the kind of areas that should be heavily regulated (and are in the USA as well as the EU).

[emteycz]

No, transportation definitely is not as regulated in the USA as it is in the EU. I'm not against regulation, and you're right that medical devices should be regulated more than less, but tranportation is overregulated for nothing.