5 ms·

How does this procedure compare to similar procedures in other parts of the world? Better? Worse?

jacquesm 17y ago
I don't know, but it's weird to single out India, you might as well have that article for every other country in the world with a couple of variations. India is one of the bigger IT players though, so maybe that's the reason.
- amutap 17y ago
  we could may be look at this link as a first step towards achieving what you say... let us all chip in..
lucumo 17y ago
About the same to The Netherlands. We just visited the Chamber of Commerce to start a partnership. The person taking our registration just asked us a bunch of questions. (Names, SSN, address, etc., limitations to executive powers of the directors, name of the company, type of work done by the company, etc.) We showed him our passport, we paid about 100 euros and we were outside in an hour. Bonus was that our Chamber of Commerce was conducting an experiment with the tax service where registering at the CoC would also give our data to the tax service. We got our tax number and papers by mail, instead of having to visit the tax service and filling out forms etc. there.
- evannyx 17y ago
  Do you have any idea what are the conditions for foreign students (non-EU) to start a company in the Netherlands? I'm very much interested in launching my own startup here but everybody I ask gives me a conflicting answer.
  - lucumo 17y ago
    Hmmm... Not really. I suppose your permit for staying here("verblijfsvergunning") should allow you to work. Maybe they have a different category for starting companies. If you want to know for sure, you should contact the Chamber of Commerce: http://kvk.nl/ http://kvk.nl/ That's where you should register your company, so they probably know this (or know who can tell you).
    - evannyx 17y ago
      Thanks for the tip! I'll contact them.
gommm 17y ago
Seems easier than setting up a WOFE in China (wholy owned foreign enterprise)...
stevoski 17y ago
In Australia, it takes a day. Three steps to open a business, and you can complete them on one day.
- Andys 17y ago
  and AUD$400.
protomyth 17y ago
It took an hour of my accountant's time to start my brother's business in MN USA (complete with name search, federal and state paperwork). I think it cost about $150.
- mr_luc 17y ago
  Yep -- $170 to the Secretary of State for 'express' service online; get an EIN online with the IRS; get an MN tax id online with MN-Revenue. You can open a bank account with just your articles of incorporation and an EIN, so you can do that on the same day as well, although I waited until the next day. It really takes more time to learn what steps you need to take than to take them, in the US. At least if you're doing it the first time and are fairly conscientious about it. All in all, I am very happy with how easy it is to set up a business in the states.
forinti 17y ago
In Brazil, it is quite easy and cheap to open a business, but it is hell to close it, even more so if you had employees.
known 17y ago
http://news.ycombinator.com/item?id=501630 http://news.ycombinator.com/item?id=501630

I don't know, but it's weird to single out India, you might as well have that article for every other country in the world with a couple of variations. India is one of the bigger IT players though, so maybe that's the reason.

amutap 17y ago
we could may be look at this link as a first step towards achieving what you say... let us all chip in..

lucumo 17y ago

About the same to The Netherlands. We just visited the Chamber of Commerce to start a partnership. The person taking our registration just asked us a bunch of questions. (Names, SSN, address, etc., limitations to executive powers of the directors, name of the company, type of work done by the company, etc.) We showed him our passport, we paid about 100 euros and we were outside in an hour. Bonus was that our Chamber of Commerce was conducting an experiment with the tax service where registering at the CoC would also give our data to the tax service. We got our tax number and papers by mail, instead of having to visit the tax service and filling out forms etc. there.

evannyx 17y ago
Do you have any idea what are the conditions for foreign students (non-EU) to start a company in the Netherlands? I'm very much interested in launching my own startup here but everybody I ask gives me a conflicting answer.
- lucumo 17y ago
  Hmmm... Not really. I suppose your permit for staying here("verblijfsvergunning") should allow you to work. Maybe they have a different category for starting companies. If you want to know for sure, you should contact the Chamber of Commerce: http://kvk.nl/ http://kvk.nl/ That's where you should register your company, so they probably know this (or know who can tell you).
  - evannyx 17y ago
    Thanks for the tip! I'll contact them.

gommm 17y ago

Seems easier than setting up a WOFE in China (wholy owned foreign enterprise)...

stevoski 17y ago

In Australia, it takes a day. Three steps to open a business, and you can complete them on one day.

Andys 17y ago
and AUD$400.

protomyth 17y ago

It took an hour of my accountant's time to start my brother's business in MN USA (complete with name search, federal and state paperwork). I think it cost about $150.

mr_luc 17y ago
Yep -- $170 to the Secretary of State for 'express' service online; get an EIN online with the IRS; get an MN tax id online with MN-Revenue. You can open a bank account with just your articles of incorporation and an EIN, so you can do that on the same day as well, although I waited until the next day. It really takes more time to learn what steps you need to take than to take them, in the US. At least if you're doing it the first time and are fairly conscientious about it. All in all, I am very happy with how easy it is to set up a business in the states.

forinti 17y ago

In Brazil, it is quite easy and cheap to open a business, but it is hell to close it, even more so if you had employees.

known 17y ago

http://news.ycombinator.com/item?id=501630 http://news.ycombinator.com/item?id=501630