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In the US it costs maybe a couple hundred bucks and a week or so to set up an LLC and an S-corp(http://en.wikipedia.org/wiki/S_corporation http://en.wikipedia.o
by Locke1689 15y ago
In the US it costs maybe a couple hundred bucks and a week or so to set up an LLC and an S-corp(http://en.wikipedia.org/wiki/S_corporation http://en.wikipedia.org/wiki/S_corporation). How much would this cost and how long would it take in the EU?
- martin_k 15y agoThe minimum share capital of a GmbH in Germany is 25,000 EUR. Registering should not take much longer.
- Locke1689 15y ago25,000 EUR is a fair bit of money, especially considering the avg. YC investment is < $20k, IIRC. Also, correct me if I'm wrong, but it looks like a GmbH operates almost nothing like an S-corp.