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> Depending on the employee composition, it may even make sense to move the company entirely to another country in Europe. Similarly, if you're starting a comp
by cjrp 10y ago
> Depending on the employee composition, it may even make sense to move the company entirely to another country in Europe.
Similarly, if you're starting a company it probably makes sense to make Berlin or somewhere like that your home. Why risk potentially having your supply of engineers reduced dramatically post-Brexit? Funding could start to dry up in the UK for the same reason.
- corford 10y agoIf I was incorporating in Europe today and didn't need SEIS/EIS I'd definitely at least look at Ireland, Germany, Malta and Estonia before automatically picking the UK. The criteria would be something like: 1). Is it easy to do most company filing work, taxes, VAT etc. on-line 2). Is it easy to open a business bank account there 3). Are investors familiar with that country 4). Is the required paid up share capital on incorporation small 5). Is the process quick (and corporate tax rate & legal compliance burden not too onerous)
- cjrp 10y agoLower corporation tax too.