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matesz | 1 month ago

My Dear German friends, please accept that EU-inc is a massive boost for EU competitiveness. Continuing to block progress here only proves that the EU is good at making promises on paper but fails to deliver real change.

The reason this "28th regime" actually works—and bypasses the previous vetos — is that it’s optional. It doesn’t try to force Germany to change its local GmbH laws or kill the notary system overnight. Instead, it creates a parallel, voluntary path. Berlin doesn't have to give up its red tape for local shops, but they have to let a "Unified European Company" exist alongside them.

If we let national pride or local bureaucracy stop this again, we are essentially telling our best founders to leave for the US. Let’s stop protecting red tape and start protecting our future.

discuss

order

lava_pidgeon|1 month ago

This idea was made by French and German government . I'm not sure why do you think the German government is against it.

matesz|1 month ago

> This idea was made by French and German government

It is true, but lets face it - it is just a high-level proposal. Better than previous ones for sure, but still just a proposal.

And there is a massive gap between the PR and the legal reality. Germany and Austria already torpedoed the previous attempt (the SUP) specifically because it allowed online formation without a notary.

So I would advise against certainty in that the fight is over. I also don't want to wait another 10 years. Honestly by that time just setup topco in UK and if series A will come just do the flip later if you don't want to go to SV straight away.

M2Ys4U|1 month ago

The last time pan-European private companies (SPEs) were seriously proposed (2008) opposition from the German government blocked the proposals, the idea limped along until finally being ditched in 2014 after disputes in the European Parliament about worker representation on boards.

SPEs were supposed to follow on from SEs (public companies, introduced in 2004) and SCEs (cooperative societies, introduced in 2006).

inanothertime|1 month ago

National sovereignty is not national pride. Paying company taxes to the 28th regime evicts tax contributions to the company's home nation. Massive German tax money is already today used for non-national interests. EU-inc makes this only worse.

prasoon2211|1 month ago

This is incorrect. Taxes, pensions and labour laws apply according to the country where the EU Inc is operating.

matesz|1 month ago

I don't understand the tax objection. The 28th regime changes corporate law, not fiscal law. A Berlin-based "EU-Inc" still pays full taxes (Körperschaftsteuer, Gewerbesteuer, etc.) to the local Finanzamt. It isn't a disembodied tax haven - it just standardizes the legal wrapper.

You are right that this threatens the status quo, though. If this works, founders based in Germany will likely abandon the GmbH. That will require swallowing some national pride and admitting that the current system is simply a less efficient, less competitive legal form for high-growth companies.

One thing I think is also worth mentioning are labor rights. I am not arguing against the German model of employee protection. Mitbestimmung could be viewed as a good thing, even if it will mean less power to the VC and / or founders. And frankly, I don't care if the consensus forces strict, German-style Mitbestimmung on the EU-Inc. Stricter form of EU-INC is still vastly better than nothing at all.

Asianometry has a great video on the labor rights in germany btw - https://www.youtube.com/watch?v=K0teMtLT9XI).

jcattle|1 month ago

National sovereignty in Europe is not possible without international collaboration.

tietjens|1 month ago

> Massive German tax money is already today used for non-national interests.

Please elaborate. You're complaining that DE tax funds go to the EU? Very curious what you're talking about and your rational.

psychoslave|1 month ago

National sovereignty, like "we are able to feed people with food grown on our soils?"

Mercosur anyone?

avemuri|1 month ago

I've asked before - I am not clear what the massive boost is other than saving a few days or weeks at the beginning. I believe all taxation, labor compliance and other such regulation is still the same as the status quo. The one time ease of setup doesn't seem to be worth the ongoing hassle of dealing with the same crap, just with the added friction of a new and unfamiliar entity structure. What am I missing?

sevenzero|1 month ago

[deleted]

matesz|1 month ago

Its important to understand the context. Germany, and Europe in general, is basically like a falling empire. It will be less and less significant and life won't get any better than it is relatively speaking. The same will almost certainly happen with the US, but first goes Europe.

Unfortunately citizens and therefore ruling elites of empires fueled by relatively extremely high standard of living for decades in comparison to the rest of the World always have very hard time swallowing their national pride. They have built very elaborate conceptual framework of linking their nationality to the level of relative success, fueled by politicians who want to make people feel good again about their nationality.

Just look at the news, almost everything directly or indirectly is linked to the concept "nation".

And in almost all cases of empires a natural consequence of their fall is war. So, it is very important to set expectations right.