Hacker News new | ask | show | jobs
by trashcan2137 396 days ago
> In US, you can start a LLC, get a bank account, a tax ID, all within a few days. The process is completely online. Taxes? A single form for the whole year when you’re starting out. Hiring and laying off employees is relatively easy. How many European countries can claim the same?

In Poland, for example it's remarkably similar. I had an LLC, bank account and EU VAT ID without leaving my home.

Hiring gets a little bit more tricky because we like having accessible health care and don't like throwing people under the bus so you have a notice time of anywhere from 2 weeks to 3 months depending how long that particular person has been your employee.

Taxes? You pay once/month but even then you most likely have an accountant handling that for you.

1 comments

>In Poland, for example it's remarkably similar. I had an LLC, bank account and EU VAT ID without leaving my home.

That simplicity changes drastically once you're a newly arrived immigrant into an EU country, with some countries being much worse than others, see France for example.

To be fair, company formation difficulties vary country by country in the EU, which is part of the problem. Hence the Collison brothers calling for a EU level incorporation to smooth over this stuff (which would be great).