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31 points whyoh | 1 comments | | HN request time: 0.001s | source
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mytailorisrich ◴[] No.44396444[source]
What would be the benefit?

Right now you can incorporate a company anywhere in the EU, where-ever is the most advantageous, and do business anywhere.

I think the same goes in the US and that does not seem to slow them down...

replies(1): >>44396657 #
DrJokepu ◴[] No.44396657[source]
In the US, you actually have to register your business as a foreign entity in every state you operate in (foreign in this context means “out-of-state”) and it’s a minor annoyance, it can and does delay business.
replies(2): >>44396689 #>>44397782 #
1. mytailorisrich ◴[] No.44396689[source]
Well, the argument is that EU start-ups are lagging because of the lack of EU-level legal entity, which is obviously not true...

In fact the best way for the EU to help start-ups is to stay out of the way as much as possible (a big ask...)