What is the best European countries for founding startups and companies?

Question

After reading this post [0] I learned that doing business or founding a company in Germany was quite hard. I was wondering which European countries are the best for start-ups and companies? For people who may start small and raise funding domestically and/or aboard?How is the European business atomsphere compared to that of USA and Canada?Thank you.[0]: https://news.ycombinator.com/item?id=31601638

drakonka · Accepted Answer

As just one tiny data point, I recently started a limited company (Aktiebolag) in Sweden and the process of application, opening a bank account, and applying for VAT was _quite_ straightforward. It was not a very fast process and there was a bit of waiting for the various stages to be reviewed (about 5 weeks in total if I remember correctly). But the startup capital was much lower than Germany (25000 SEK) and the whole process was completed online.
For less patient people who need an AB with a quicker turnaround, there are companies that can sell you an already formed company with a registered name and company number for what in my opinion is a pretty reasonable fee.
However, I did this without any intention to raise funding so cannot speak to that side of it.

annagrigoryan2 · Answer

I'm in Lithuania for 1 year already, and I'd say depends on what kind of company you want to found.
Here in Baltics it's very good for B2B SaaS fintech, deep tech, and that kinda stuff.
Everywhere else e-commerse is big.
Also depends if you're bootstrapping or fundraising. Fundraising is easier if you're incorporated in Estonia, in other countries no one cares, you'll still need to incorporate in US with C-Corp.
The community in Europe is still forming imo.

mytailorisrich · Answer

The process of registering and maintaining a company in the UK is probably as simple and cheap as it gets.
London has also emerged as a major hub for tech startups and funding.
The snag these days is that the UK is no longer in the single market.

memorable · Answer

Clickable link: https://news.ycombinator.com/item?id=31601638

What is the best European countries for founding startups and companies?

The process of registering and maintaining a company in the UK is probably as simple and cheap as it gets.London has also emerged as a major hub for tech startups and funding.The snag these days is that the UK is no longer in the single market.

Clickable link: https://news.ycombinator.com/item?id=31601638

The process of registering and maintaining a company in the UK is probably as simple and cheap as it gets.
London has also emerged as a major hub for tech startups and funding.
The snag these days is that the UK is no longer in the single market.