Often international rankings focus on taxes, but where rubber hits road, boring registration, licensing, and employment law stuff matters.
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For example: a huge benefit most US startups don't even realize they have is at-will employment.
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For sure! I definitely felt completely protected as a company when I co-founded my first company which was a Gmbh.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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@imcatnoone I did a little bit to help fix that in Italy: https://blog.therealitaly.com/2015/04/16/fixing-italy-a-little-bit-at-a-time/ … - well, more like LLC's ... but a bit of progress -
Wow! Awesome. Hey, even a little progress is better than no progress. Congrats on that!
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@imcatnoone nowadays Germany lets you start an UG. Same as GmbH, less capital needed. -
yup, that’s true. Great option. However, there are more advantages to a GmbH depending on startup/purpose/etc.
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Inc. versus a
Gmbh. Initial buy-in for a Gmbh from founders is $25,000.