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by Propelloni 443 days ago
The barrier to entry is the idea that you need a limited liability corporation to start something digital by the seats of your pants. You can always start as a GbR (virtually no costs, spend a day at your city's administration to get a tax id). I mean this in the most charitable way, what kinds of liabilities are you afraid of in that scenario?

Once your idea gets traction and money comes in you hopefully will be able to spare the 1 EUR you need for an UG. Anyway, I recommend investing into founding a GmbH as soon as possible, not for liability's sake but marketing's. You will not make inroads into corporate procurement without a "proper" incorporation.
1 comments
nottorp 443 days ago
> I mean this in the most charitable way, what kinds of liabilities are you afraid of in that scenario?

Why do you think I know all the kinds of companies one can register in Germany? :)

I'm not even german or in germany, just keeping myself informed. You never know when it becomes useful.

Up until today I only knew of the GmBH. Now I know of two more types.

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Propelloni 443 days ago
I've got the impression that you knew a little about German corporations, but I have been wrong before, so my apologies.

I guess, one can assume that all countries with working institutions (and some without) have at least a simple personal liability corporation, which is easy and cheap to establish, and a basic limited liability corporation, which is a little bit more involved and expensive to establish. I guess, because I haven't done any research, but I've come across such corporate forms in Germany, Italy, France, UK, Luxembourg, Hungary, Serbia, Congo, UAE, Estonia, Netherlands, Denmark, Norway, USA, Canada, the Philippines and probably a few more.

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nottorp 443 days ago
> I've got the impression that you knew a little about German corporations

I did, about the GmBH, from other discussions on HN. As I said, now I know more, thanks.

> have at least a simple personal liability corporation, which is easy and cheap to establish, and a basic limited liability corporation, which is a little bit more involved and expensive to establish

Yes, but in RO where I am the minimum capital for a LLC is like 100 EUR not 25k :)

That's barely enough to pay a cheap accountant for a month ofc.

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Propelloni 442 days ago
Oh, cool info. Thank you! I'm always surprised how large the differences of cost between EU nations are. We really need better arbitrage ;)
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