4 ms·
why is there an assumption that people starting an LLC in Germany not an idiot? no wonder you guys fell for Wirecard good thing the EU/Eurozone/EFTA/EEA lets
by yieldcrv 3y ago
why is there an assumption that people starting an LLC in Germany not an idiot?
no wonder you guys fell for Wirecard
good thing the EU/Eurozone/EFTA/EEA lets anyone do business with a business entity registered in any member state and accept SEPA in any regional currency
so some microstate with competitive laws and more egalitarian access can circumvent Germany’s exclusionary hurdles
- awesomeMilou 3y agoI'm not saying it's great, it's just that German culture has no place for no collateral LLC's. We don't do this here, our business culture is much closer to medieval trade guilds still, rather than a modern globalized economy.
- yieldcrv 3y agoI really get tired of the old world bullshit, especially regarding share capital. It seems it was more useful as a form of Proof of Stake to support old isolated currencies that doesn't have much relevancy in a monetary union. But I'm glad Luxembourgh, Estonia and others do things that mirror new world novelties, while remaining easier to bank in the EU with than non-EU entities, and look familiar to EU residents.