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a reply by fun2have in that sub-thread (about IRELAND): "Separate corporate structure from where you base yourself. For example to start a limited company in I
by paolomaffei 16y ago
a reply by fun2have in that sub-thread (about IRELAND):
"Separate corporate structure from where you base yourself. For example to start a limited company in Ireland with accountant fee's etc is about €300. Capital Requirement is €1. And that company can base itself anywhere in Europe. One of the advantages of the Single Market."
- fierarul 16y ago>And that company can base itself anywhere in Europe. One of the advantages of the Single Market. Yeah right. Depending on the fiscal code of the other country the company might need to register and even pay taxes there. The Single Market is more about free movement of good / services not about free movement of corporate headquarters with no legal/fiscal impact.
- roel_v 16y agoNot true, as confirmed by the European Court of Justice in the Centros case which held that member states (in casu Denmark) cannot restrict the recognition (or put additional requirements) on companies established in another country in the EU, even when this is admittedly to skirt around regulatory requirements. Failing to do so violates the freedom of establishment principle. (it is true that companies may be required to registered and pay tax, my comment was about the part that the single market does not affect the movement of corporate seats).