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Yes, but for legal/tax reasons, UK is much more attractive than most other EU countries.
by troels 13y ago
Yes, but for legal/tax reasons, UK is much more attractive than most other EU countries.
- corford 13y agoGood point. I've come across quite a few Berlin based startups that are actually incorporated in the UK e.g. Soundcloud. Someone said to me that one of the reasons for this is share capital requirements. You only need £100 to incorporate an ltd in the UK whereas in Germany it's apparently in the thousands.
- ValentineC 13y agoThere's actually no minimum capital requirement for the UK. You can incorporate a company with £1 in capital, if you wanted to.
- corford 13y agoAh yep you're right. Don't know why I had £100 in my head.
- troels 13y agoYes, that's one way of doing it. I guess it's not different from the US, where most companies are incorporated in Delaware.