[martinald]

Not sure this is true for all of Europe. The UK has remarkably little bureaucracy for companies. Costs about $15 to incorporate a company, which takes ~minutes, and then you just need to file corporation taxes + a balance sheet once a year, which is all possible to do via APIs and a (inexpensive) accounting package in a few clicks.

VAT needs to be done over around $100k/year turnover 4 times a year, but again that is possible to do in a couple of clicks via APIs and accounting packages.

And finally payroll taxes are pretty simple too, again can be done via accounting packages.

From what I know this is much less hassle than most/all US states. But some EU countries (germany especially) are horrendous, so it's not a clear picture.

[epolanski]

US' advantage isn't only bureaucracy, it's also legal and last but not least access to capital and a giant market (US is much less dependent on export than EU).

It's a deadly combination for entrepreneurs UK can't offer.