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I co-owned one company and presently a board member on another. Noone said that accounting needs not be done, just that you don't have to employ anyone you lis
by varjag 7y ago
I co-owned one company and presently a board member on another.
Noone said that accounting needs not be done, just that you don't have to employ anyone you listed in a startup. You do as with any other non-essential work like cleaning, catering and so on: buy external services on the need to have basis.
This is also not something in any way unique to Europe. American start-ups also need to file taxes, incorporate and so on.
- LoSboccacc 7y agodid I say employ? no I said needs. everyone here so fast at replying but have you tried reading what's written? and however you want to spin it is a cost, and that is a barrier to entry which is actually quite tall if you trying to bootstrap something outside the angel/vc scene which is pretty dull anyway in Europe. and Europe tax return are far more convoluted than the average Delaware company, especially because of bullshit like vatmoss schemes that are a specific result of the European market fragmentation, which was the main point to begin with
- deleted 7y ago[deleted]