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Even the USA does not have harmonized company law. Pretty much anything except what concerns the IRS says is in the hand of the individual states. Why would you
by yau8edq12i 3y ago
Even the USA does not have harmonized company law. Pretty much anything except what concerns the IRS says is in the hand of the individual states. Why would you expect the EU to do so?
- philwelch 3y agoSomeone in the US can start a Delaware LLC or C corporation without living in Delaware. Can someone living in Germany set up an LLC or corporation in Denmark or Estonia instead of Germany?
- qayxc 3y agoYes they can. In fact, until about 15 years ago, it was common practise in Germany to found an LLC in the UK and convert it into a GmbH only after it grew big and profitable enough to warrant the effort.
- tut-urut-utut 3y agoYes, but they would still be a subject of German taxation, which is ridiculously complex and expensive compared to Delaware LLC or an Estonian company run by a person not living in Germany.