> GmbH took 5 months due to international founders
Wow that's insane. Compare that to creating a Delaware LLC and getting an EIN. No wonder there are hardly any startups in Europe.
Wow that's insane. Compare that to creating a Delaware LLC and getting an EIN. No wonder there are hardly any startups in Europe.
> No wonder there are hardly any startups in Europe
Please remember that the process is different in each country. AFAIK the equivalent process takes less than a month in my country, and that's mostly waiting for the paperwork to go through and registering for VAT (which is technically optional, but almost always necessary). There are also companies that will do all this for you for basically pocket money.
Source: I've done this. The first time I tried to shut a company down, my advisors (who you need to handle the local paperwork) didn't tell me about the "three strikes" requirement in the public register. So it took five years to get the company fully shut down.