🚀 Europe, it’s time to scale.
We are introducing EU Inc.:
🔸 Start a company in less than 48 hours
🔸 Fully online and borderless
🔸 No minimum capital requirement
To compete globally, Europe needs speed, scale, and strength.
This is how we get there.
Find out more: https://link.europa.eu/98NtPw
@eniko @EUCommission 💯 this!
This is imho one of the biggest hurdles when selling int the EU as a small business.
If you want to be compliant you need to handle all VAT rules for all member states yourself OR use a merchant of record service.
But using a merchant of record service usually means another commission that is cut from your profit 😞
This is one of the big reasons why platforms like steam and itch dominate so much in online sales ...
European Commission
Eniko Fox
Whatisgoingon