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justin.ahn.eth
@ahn.eth
true story: @quidli initially started as quidli sas (the french version of a joint-stock company); however, after waiting >1 month for our entity registration + bank account creation yet still nothing, we set up quidli inc, a delaware c corp, and opened a US bank account all online in <3 days https://x.com/itsolelehmann/status/1878820386672160801
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Arjan | That Poetry Guy
@arjantupan
One big issue is that there is not one rule book on this for Europe. Starting a company in The Netherlands, also an EU country, takes significantly less time. So, positing the extremely long time it takes in France as a standard for Europe is not a good way of looking at it. Hiring and firing in the EU is not impossible. It happens every day. It is more humane, though, and less akin to slavery.
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justin.ahn.eth
@ahn.eth
i'm not an expert, but i think the initial comparison still stands for example, there is also no "one rule book" in the US either as each state has its own set of rules furthermore, in the case of NL, it would still not help a FR entrepreneur as they wouldn't be able to take advantage of the faster time without legally residing in NL
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Arjan | That Poetry Guy
@arjantupan
Yes, very true, and that is the problem for entrepreneurship in the EU. My point was more that making the statement that in the EU it takes as long as it takes in France, is framing it on a false premise. Besides... I think you don't need to be a resident of the NL to start a company there. There are a lot of mailbox firms for, yes indeed, tax reasons. But, in all honesty, I'm not 100 % sure on that residency thing.
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justin.ahn.eth
@ahn.eth
i dunno, in the context of the entire thread i found it to be a fair point of comparison as france is among the top countries in the EU across most metrics 🤷
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