Comment by missedthecue
5 days ago
Lot's of low hanging fruit. How about when creating a corporate legal entity not requiring public notaries to spend several hours reading the entire corporate charter out loud to all signatories before signing.
5 days ago
Lot's of low hanging fruit. How about when creating a corporate legal entity not requiring public notaries to spend several hours reading the entire corporate charter out loud to all signatories before signing.
That's not something that's required in 'Europe'. It would be a much better discussion if people could point to specific countries and regulations rather than talking as if the whole of Europe had a single regulatory regime for business.
You're right, it's only required in the largest European economy, I should have been more specific.
I mean, yeah? If you're talking about a particular country and a particular problematic national regulation, then name the country and regulation, so we can have a proper discussion about it. Otherwise this thread is just going to be generic moaning about how 'Europe' is over-regulated, which everyone has already heard a thousand times before.
2 replies →
What sort of entity is that? Creating a simple limited company (aksjeselskap) in Norway takes a few minutes of work and is done entirely online. You fill in a few simple forms, create a simple memorandum of association, set up a specific type of account with your bank and deposit at least 30 kNOK (3 kUSD). Get the bank to confirm the deposit to the registry. The registry will send you electronic documents that all board members must sign electronically and that's pretty much it. Takes a couple of weeks of elapsed time, or less.
Can you give specifics of that? When have you ever had to do that? Which country?
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