European tech founders have strong ideas and skills, but face many challenges. The EU has many opportunities, but its regulations and fragmentation make growth difficult. Can EU-INC break these bottlenecks?
Startups and companies find it hard to expand across the EU because they must follow 27 sets of rules. Operating in more countries increases costs. Differences in tax systems, laws, and regulations also make it harder to attract investors.
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The solution? A de facto “28th regime”, the EU-INC.
European Commission President Ursula von der Leyen introduced this plan at the World Economic Forum. The goal is to make it easier for startups to compete by reducing regulations and making company operations more efficient and digital.
With EU-INC, companies could register online in 48 hours, follow one set of rules, and operate EU-wide.
This approach could make it easier for investors, since they would deal with one corporate structure. It could also help startups grow faster, giving Europeans more access to new services and products.
Is EU-INC too good to be true? Or is it just what startups need? Your perspective is needed: share your voice and join the conversation.
Our poll is anonymous and takes just a few seconds to complete. The results will feature across the EU.XL coverage -in videos, articles, and newsletters- and will help shape our reporting as we explore how Europe can secure its place in the age of artificial intelligence.