alt Hacker NewsI would like to see the details on this. The EU has alredy jurisdictions that make it "too easy" to run a company and others that make it exceedingly difficult, and the two are in competition. It's one thing to start a company in cyprus, another to start in Germany.
TBH I doubt it's going to be possible with current status. Where will an EU-inc be based, Luxembourg? and how would that be different from any other Lux company.
But maybe we could at least have some business standards that will be enforced all over the EU. It says "Local taxes & employment" , which also means local laws, which means 27 laws for every little thing. I thought they were going to address that
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I'd also like to see the details, it seems to be a difficult undertaking but something the EU really needs. As an example, when I incorporate a company outside of Portugal then the tax authority can classify it as a CFC (controlled foreign company) and tax it very high, and it can lead to double taxation. AFAIK, the rules are quite complex. A EU-wide registry should prevent that, but that might require a EU-wide harmonization of 27 tax systems (plus potential associated countries like Switzerland and the UK).
It’s the 28th regime. Look up societas europaea.