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Chronicles

The story behind the story

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The 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

The European Union has unveiled a red-tape-cutting plan dubbed “EU Inc.” to boost the emergence of companies that could compete on the world stage with US and Chinese rivals.

Bloomberg Samuel Stolton

Discussion

  • @peer_rich @peer_rich on x
    potentially the fastest and biggest grassroots political movement in Europe insane i have hope
  • @initjean @initjean on x
    EU Inc. proposal right now: - max. 48 hrs and €100 to incorporate - registration through common EU portal, automatic tax registration - fully digital process, no notaries - EU employee stock option plans, taxed only when sold - simplified insolvency procedures
  • @eu_commission @eu_commission on x
    Innovators and founders won't have to navigate 27 different rulebooks anymore. No more delays that slow down innovation. Just one set of rules designed for startups, scaleups, and global investors.
  • @eu_commission @eu_commission on x
    We are introducing EU Inc. To make building and growing a business across the EU faster, simpler, and smarter. 🔸 Start a company in less than 48 hours 🔸 No minimum capital requirement 🔸 Fully online and borderless [image]