alt Hacker NewsThe authors inability to understand this really makes wonder how much of the rest of their story is essentially self-inflicted.
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earcar • today at 2:10 PM
I have founded a UG and upgraded to a GmbH before.
It had got us "more credibility" with our clients, and 12,500EUR less in each other's bank accounts.
Thanks for your insults.
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ecshafer • today at 2:27 PM
The author can surely understand it. And this system is what is keeping Germany and many European countries from propelling their economies forward by reducing market dynamism. Its not a coincidence that China, US and many other countries, which have more dynamic markets and large GDP growth let you set up a company in a day.
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rapatel0 • today at 2:13 PM
In america, we have liability insurance. Is this not a thing in germany?
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They are jealous of the US system where you can create an LLC in one hour for $200, and by the next day be doing business with all your personal assets isolated.