4 ms·

It's very difficult to actually grow a company in a country like Sweden because of the regulations and taxes you are required to pay after a certain amount of e

It's very difficult to actually grow a company in a country like Sweden because of the regulations and taxes you are required to pay after a certain amount of employees.

Frost1x 7y ago
Perhaps that's a good thing.
- nine_k 7y ago
  So goes the Sweden's GDP and tax base. BTW Ikea is no more operating primarily from Sweden, partly because of these reasons.
  - piva00 7y ago
    No, it is because tax evasion using international ports to hoard wealth is a thing, because other countries don't have any will to disallow that when they can earn free tax money from companies trying to evade their duties. It is a race to the bottom with tax schemes, not the fault of Sweden to try to uphold its values and ways of living. So far it has worked pretty well, tell me more how it can be improved because as a country of 10m people I'd say it is pretty impressive. Even more if your whining about taxes is so real, then you should come teach the Swedish government how to do it right and better because we are losing a lot of money it seems...
piva00 7y ago
Do you have some data to share to back that statement?
gamblor956 7y ago
I would rather pay employees a living wage as part of a sustainable business than deal with the hypergrowth VC bullshit that destroys entire market segments with nothing to show for it except ruined lives after the startups finally implode.
- bobbytran 7y ago
  There will be no sustainable business. Regulations and taxes strangle your business before it gets to that point. If you look at the business landscape of Sweden, it mostly consists of large multinational corporations with bases outside of Sweden (IKEA is a good example of this) and government jobs. It doesn't leave much room for individuals wanting to start a business and actually having an chance at success.
  - Apocryphon 7y ago
    How was Spotify invented, in your mind?
    - bobbytran 7y ago
      You made my point again. If you look at the wikipedia page, it's not incorporated in Sweden. It's a multinational corporation with an office in Sweden.
      - gamblor956 7y ago
        So are many multinationals, for tax reasons (not labor law reasons) related to something called IP migration that let corporations evade taxes on local income. Labor laws affect a company if they have employees in that jurisdiction. It doesn't matter if your HQ is somewhere else.
      - yellowapple 7y ago
        It's literally headquartered in Stockholm. That's like saying a Silicon Valley startup isn't actually in California or subject to California's laws solely because it incorporated in Delaware.
      - piva00 7y ago
        HQ is still here in Stockholm, it grew from Sweden up to the point it was incorporated outside of Sweden to go public, because shareholders will be moaning about it. It is still a very Swedish company, paying taxes in Sweden.

It's very difficult to actually grow a company in a country like Sweden because of the regulations and taxes you are required to pay after a certain amount of employees.

Frost1x 7y ago

Perhaps that's a good thing.

nine_k 7y ago
So goes the Sweden's GDP and tax base. BTW Ikea is no more operating primarily from Sweden, partly because of these reasons.
- piva00 7y ago
  No, it is because tax evasion using international ports to hoard wealth is a thing, because other countries don't have any will to disallow that when they can earn free tax money from companies trying to evade their duties. It is a race to the bottom with tax schemes, not the fault of Sweden to try to uphold its values and ways of living. So far it has worked pretty well, tell me more how it can be improved because as a country of 10m people I'd say it is pretty impressive. Even more if your whining about taxes is so real, then you should come teach the Swedish government how to do it right and better because we are losing a lot of money it seems...

piva00 7y ago

Do you have some data to share to back that statement?

gamblor956 7y ago

I would rather pay employees a living wage as part of a sustainable business than deal with the hypergrowth VC bullshit that destroys entire market segments with nothing to show for it except ruined lives after the startups finally implode.

bobbytran 7y ago
There will be no sustainable business. Regulations and taxes strangle your business before it gets to that point. If you look at the business landscape of Sweden, it mostly consists of large multinational corporations with bases outside of Sweden (IKEA is a good example of this) and government jobs. It doesn't leave much room for individuals wanting to start a business and actually having an chance at success.
- Apocryphon 7y ago
  How was Spotify invented, in your mind?
  - bobbytran 7y ago
    You made my point again. If you look at the wikipedia page, it's not incorporated in Sweden. It's a multinational corporation with an office in Sweden.
    - gamblor956 7y ago
      So are many multinationals, for tax reasons (not labor law reasons) related to something called IP migration that let corporations evade taxes on local income. Labor laws affect a company if they have employees in that jurisdiction. It doesn't matter if your HQ is somewhere else.
    - yellowapple 7y ago
      It's literally headquartered in Stockholm. That's like saying a Silicon Valley startup isn't actually in California or subject to California's laws solely because it incorporated in Delaware.
    - piva00 7y ago
      HQ is still here in Stockholm, it grew from Sweden up to the point it was incorporated outside of Sweden to go public, because shareholders will be moaning about it. It is still a very Swedish company, paying taxes in Sweden.