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You have other options, like VOF or CV, if you have funding constraints. Here in Belgium there's the "starters-BVBA" which is the equivalent of the 1 euro GmbH
by vekker 7y ago
You have other options, like VOF or CV, if you have funding constraints.
Here in Belgium there's the "starters-BVBA" which is the equivalent of the 1 euro GmbH. Yes, there's paperwork and some investment involved, but IMHO it's a myth that starting a company in Europe is a huge hassle.
- AllegedAlec 7y ago> You have other options, like VOF or CV, if you have funding constraints. Which isn't a real option; VOFs and CVs do not have the financial and legal separation of you and the company that a BV has.
- vekker 7y agoDo you really need that though? If revenue is not large enough to start a BV? You can still get insurance and separate bank accounts. I did it before with a Dutch partner, we just started a VOF together. Our plan was to turn it into a BV once revenue reached a certain point (it never did, so we didn't... it was a side hustle).