5 ms·

No one will start them if no one can buy the products. You are just being a drain on local resources. Few companies produce no waste, no noise, use no electrici

No one will start them if no one can buy the products. You are just being a drain on local resources. Few companies produce no waste, no noise, use no electricity, use no water, make no use of roads... and so on. Your company is simply exploiting the land and resources without bringing value to the folks that live there - and that is the point. Act like you are part of the community and wider world you live in or don't be in business, in other words.

notpushkin 3y ago
No one will start them if they are not profitable. [1] So yeah, you can tax those a little bit, but there's some threshold. And starting a business elsewhere is an option for an automated company, so if it's more profitable (or convenient, or reputable) to do it people will do it. Point in case #1: Delaware. No corporate income tax, favorable court system, and no questions from your business partners have made it the preferred state for US startups nowadays. Point in case #2: Estonia and its e-Residency program. No corporate income tax, fully digital company registration and management even for foreigners, and absolute minimum of bureaucracy for SMBs (admin time is like 1 hr/year, to fill out an annual report). Not sure why we don't see more companies registered there. [1]: If you start a business that you know for sure wouldn't bring you profit, you're starting a non-profit :^) --- And of course, in the country you live in, you're also paying income taxes on your salary, and VAT on your purchases. (I'm paying mine all right, in case you're wondering.) I don't like the notion that you must pay taxes to be considered ”bringing value to the community”, but it's not like you as a business owner can avoid taxes completely anyway.