InnerworldThe EU unveils EU Inc., a single bloc-wide proposal that lets companies incorporate in 48 hours, to help European startups compete with US and Chinese rivals
driving_croonerI never understand the rush of letting companies incorporate in little time as possible. Other that people trying to evade taxes and laundry money creating a bunch of companies to move money around, I can’t think of whom can benefit for that.
The actual time is not the problem, but the amount of busy work that benefits nobody. When I started my computer shop in Italy many years ago, I ended up needing 12 signatures from different offices, and each one cost me weeks to get. I still remember the first one, I had to prove I had a functioning toilet and the official claimed he had been at the store and found it locked, despite the fact I had been standing at the door the entire day.
Being able to do it quickly is neat. Being able to do it predictably is awesome.