alt Hacker NewsI have seen promotion of this idea multiple times but every time I read about it I fail to understand the gains.
I’m based in Denmark and have incorporated multiple companies. It is very easy and digital and costs very little, even if you get a lawyer to do it for you.
Maybe the issue is a few member states that are behind on digitalization?
In my experience EU is better at setting the guidelines and then the member states can implement the details themselves. When they try to push things it becomes bureaucratic - just look at the cookie law and GDPR. Both great ideas but overly complicated.
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Yep, same feeling as a Swede with so much being streamlined online, but at the same time I can see how it'd be a nightmare for someone without a BankID (or in Denmark MitID).
Have you started a company that took investment from funds located in other countries within the EU? That is the main focus of this idea. Lowering the barrier to investing in startups across EU nation states.
Austrian company and you want to take investment from a venture fund in X country? It'll get complicated very fast. That's part of what this trying to fix and make simple.