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31 points whyoh | 1 comments | | HN request time: 0.256s | 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. cjbenedikt ◴[] No.44397782[source]
Indeed. I'd say a major annoyance. After all it includes filing taxes and sometimes you have to "align" your company name if for example you apply for federal grants.