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I've set up a business in Australia, average 2 days, and in Austria where the average is 25 days (and it went way over that for me) and I am not sure I'd do it
by jkldotio 14y ago
I've set up a business in Australia, average 2 days, and in Austria where the average is 25 days (and it went way over that for me) and I am not sure I'd do it again in Europe besides perhaps the UK. It's not so much the time and frustration, which is indeed wasted going to I think it was 4 different locations in 7 or 8 trips, but the shocking hostility of the process and people. It made me feel very unwelcome.
There is also a dearth of funding and a much smaller culture of philanthropy. Although those two are not really relevant to my project, jkl.io, as I am not taking funding and looking for philanthropy from places other than Austria.
- contingencies 14y agoEven though I regularly meet French who whinge about their culture bureaucratique, I don't think they have anything on Asia (China, India, etc.)! I'm Aussie/Kiwi/European and have set up wholly foreign-owned businesses in China (9 months) and Hong Kong (2 hours). I believe AU+NZ are pretty damn straightforward. Have to mention: this article reads so obviously like an American wrote it, it's kind of amusing .. impatient, US spelling, notion of a 'check book'. Come on! Welcome to Europe, you're in the developed world now. We have online banking that actually functions... at minor or no cost across the whole region. We don't generally use cheques. Even China's consumer banking system is more efficient than America's, in my experience. You will learn to love it in Europe :)
- jkldotio 14y agoIt took me almost as long as setting up a business in Austria to get just a business visa for India so I agree with you on that point. AU+NZ (check out the coverage of NZ on my site, what do you think?) are the models to follow for business registration I think. Given they've proven it can be done in one or two days I am not sure how the other countries can justify the delays.
- deleted 14y ago[deleted]