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by flanfly
586 days ago
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I'm German and had a startup in Germany (standard UG holding + GmbH). My one advice to anyone thinking of starting a company is: don't do it in Germany. Tax burden, insane bureaucracy and a conservative, tech adverse local market put you at a disadvantage against UK/US peers. >German founders are incentivized to move abroad before exits Don't do that. The tax office will treat that as a sale and will tax the current valuation at 20%. |
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