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Comment by lava_pidgeon | Hacker News Reader

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

> 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.

Reading this thread, I do not get Germany's worship of notaries and notarizations.

What I find funny is that in Germany, you can only buy a house with a notary to prevent shady things (reasonable), but up until 2023, you could literally buy the entire thing with cash, without having to provide any proof of the origin of the funds.

Isn't the notary there to take note of the shadiness of buying in cash and, if shady enough, abolish the transfer?

> Reading this thread, I do not get Germany's worship of notaries and notarizations.

No-one here worships them, they're just an obscenely rich entrenched institution running a racket as the gate keepers of certain notarized acts and doing anything in their power to lobby against innovation.

I could also ask you why U.S.-Americans worship a horribly broken school system or love lacking consumer and privacy protections. The answer is simple, it's not worship.

I assure you American politicians and lobbyists do worship those malign traits.

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).

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