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Yes, accounting/tax related stuff is still annoying. But there are a few more advantages: * Employee share options are taxed when they sell the shares, not whe
by CodesInChaos 1mo ago
Yes, accounting/tax related stuff is still annoying. But there are a few more advantages:
* Employee share options are taxed when they sell the shares, not when issuing the option (regardless of strike price) nor when exercising it.
* Changes to the shareholder structure (e.g. raising capital) don't require visiting a notary
And I'm not sure if incorporating in a different EU country (while still looking just like a German EU Inc) would avoid some of the German pain points.
- egorfine 1mo ago> there are a few more advantages I'm pretty sure Germany is more than capable to negate all those. For instance it is inconceivable to imagine company law practiced in Germany without a notary speaking out loud the whole shebang.
- CodesInChaos 1mo agoIt's amusing how top law students become glorified narrators/voice actors. Had to visit one of these every time we raised capital. He never did more than read the text aloud and perhaps correct a typo. I don't want to know how much the company paid for that privilege.