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‘Europeans would be fucked’... as if there aren’t any successful or innovative European companies? Bare in mind that you probably use some sort of service to h
by clappski 8y ago
‘Europeans would be fucked’... as if there aren’t any successful or innovative European companies?
Bare in mind that you probably use some sort of service to handle every time of payment, even if it’s a local sale (e.g. Stripe, VISA Pay/V PAY etc.). Additionally, selling goods in the US is just as complicated for an external business as it is into the EU - state, county and city sales taxes, as well as exemptions from US taxes laid out in international treaties have to be accounted for. The general advise if you want to sell internationally is ‘get an accountant’, because it’s actually quite a complicated subject (unsurprisingly).
- arkis22 8y agoThere are, but few of them are one man operations like me. There will be even less one person startups (or none) now. The compliance tax burden for American companies varies by state. I'm lucky to live in one that isn't onerous. Luck is a factor when starting a business, but regulatory capture is a bad kind of luck.