In Kazakhstan you register a company within one day and then open a bank account and submit required documentation in 2-3 more days. Almost all of it is made online. Within a working week you can start to do business legally
@@RadicalLiving I suggest that it is due to the fact that we, as a post soviet country have started to have commercial banking in 1991, so system isn’t that old and thus more prone to changes and digitalization, while banking and governance practices in Germany date back decades or in same instances centuries back so it’s more difficult to change or digitalize the whole system due to regulations, norms, practices and tradition. When we open a bank card it’s given to you at the bank immediately after being printed in front of you, you spend like 3-5 minutes to get a new bank card. But with all that digitalization of ours you are still a lot richer than we are, so..
@@nieselregen420 At least German folk have this vigor for getting things done, correct me if I'm wrong. State workers in Spain are known for their loooong breakfasts (they are so hard to reach) and very low motivation to help. It's a general European problem I guess.
@@Sinesgaitz Nope this is in my opinion just a stereotype which is not true. I worked in a hospital and some of my colleagues were playing games all day or just talking. It really depends what you do. But in general Germans are good at pretending to be working hard. We’re no better than the rest I’d say. But I kinda can understand that attitude, when your job gives you nothing back. I mean it takes up 70% of your week, no one can work all the time
@@nieselregen420 At least Germans get things done. In France it's worse because you add another layer of lazy public infrastructure. Combined with dated, overcomplicated bureaucracy, in the end nobody wants to start nothing, no business, no endeavour, just because of the paper work. Hell, just declaring your taxes once a year is a chore.
@@TReXcuRRy Bro trust me, it's 100% the same or even worse in Germany. I recently started a business and the paper work is hell. They don't tell you shit and will fine you on every occasion. Thousands of forms you have to fill in and then you have to wait weeks for them to respond, because they don't have any digital infrastructure. Germany sucks in that matter. There are so many government ministries/institutions who need you to send them a letter. And they'll always respond with letters as well. Have fun dragging a small issue over months just because our old politicians refuse to change anything for the better. Conservatism had Germany not doing shit for 16 years. Just look at our trains.
and then you will make nothing because poland has no money and taxes takes everything Remember, never register a business in europe, do it somewhere with low tax from business income and "open" your business anywhere, aside of poland.
bureaucracy in europe is legendary. here in spain is the same,tons of paperwork written in the most formal and weird spanish you can get,and when you try to call and get some answers they don't know a damn thing. you end up paying another company to deal with all of this crap for you
Not really Countries like Estonia and Ukraine have an easy efficient bureaucracy to deal with In fact Estonia has the most efficient digital government in the world
I was born and lived in germany for 25 years and literally left the country because of this. The stress of dealing with the overcomplicated taxes and beurocracy is too much. I now live in canada and it's so much better. Plus, I get to keep a lot more of the money I make. It's been 3 years since I left germany and I'm still dealing with paperwork about my exit every now and then.
I was wondering why you chose not to move your business to the Netherlands instead? It seems that it would have been much easier to relocate there. The international trade routes would make world-wide shipping both easier and cheaper, and starting a business in the Netherlands offers several advantages over Canada.
A friend living in Spain told me it would have taken months to open a bakery. She moved to the states and within 2 weeks she was up and running. P.S. it was Indiana, not California.
@@everybodysMaster1I’m a plumper from Germany or a Plant mechanic for HVAC I don’t know if there’s a big difference between those two jobs in the states. But my question is. Would you hire me? 😂 don’t want to live in Germany anymore.
@@juliasteam2077 you are either blind or not truthful. Even our poorest are rich by world standards, we have an epidemic of fat homeless and even those on the smallest income of minimum wage, as long as you're not stupid enough to live in a major city, you can live off until you are able to find something better or work your way up the ladder to better paying positions which in most cases can take only a few years. Many people in fast food can make management in 3-5 years and get paid vastly more and can stay continue to work their way up or find another job with better pay with that experience. Vocational jobs are also highly paid and very under filled right now. To many people expect to make lots of money right out of school or don't want to work and earn their way up like every generation before them did. Stop being lazy and you would be just as well off as your parents by their age. It's things like inflation, and poor government spending and devaluing dollar you really have to worry about. Which is a major left thing so vote for those who don't screw over your money and will cut your taxes and let you keep what you earn.
@@juliasteam2077 not necessarily. Riches doesn’t have to mean being a billionaire. Riches can very well mean being comfortable in the middle class. Upward mobility is what that phrase really means.
@@juliasteam2077 No, not true. If you re a good businessman, you have the potential to get truly rich in the USA. Small businesses do it all the time. Takes a lot of work, but way, way less paperwork than a place like Germany - or Europe, in general.
@@juliasteam2077Nah the financial growth when you move to the US is significant. You ain't gonna be a baller but you will be much better off and not paying out the ass for dead beats like you do in Germany.
I opened a business in Estonia in a couple of hours. Paying back taxes was also super easy, I set up a repayment schedule in about 15 minutes. It was all so quick amd painless, I loved the process, actually. I was respected.
@@Pedgo1986 Germany has some of the best worker protections in the world. As much as bureaucracy is a pain in the ass, they are clearly doing something right.
The ridiculous bureaucracy is the price germany pays for actually having good anti trust laws that prevent monopolies from forming and good worker rights that prevent it from decaying into a dystopian hellhole.@@clb303
I started a pressure washing business in the US, filled out paperwork, sales and use tax. Didn't make a single sale (lacked capital and experience, plus I got hired to pressure wash by another company) a year later I got all kinds of things in the mail about my business. "you owe $750, no you owe $1000, we will seize your property unless you pay your remaining balance of $0.00" I finally reached out to the people, THEY CLOSED MY ACCOUNT FOR ME AND I DIDNT PAY A PENNY!! Much easier than expected, as an absolute novice that knows nothing, I recommend
If you’re ditching the country why do you even need to bother filling out exit paperwork for a company then? You’d think as long as you stop operations there all together there isn’t really anything they can do about it if you don’t fill out the paperwork, right??
I started a local service business in Oklahoma USA with about 5 total forms including banking accounts and IRS registration. I don't have any employees so it was incredibly simple. That was two years ago and I'm still going! Every day is a nail biting, stressful, glorious roller coaster ride. Wouldn't have it any other way.
In denmark you go online, type in the name of your new company, what type, some addresses and info on yourself, sign digitally, then order a bank account online and that's it.
3 месяца назад+2
Taxes are still pretty complicated in the US. Even employees have complicated taxes. It's much simpler in eg Singapore.
No. It’s unclear forms, them screwing up, nobody knowing what’s going on, not understanding what forms need to filled out when, what regulations need to be complied with and how is this done. Inefficient bureaucracy with lots of slow and clueless people who „forget“ to tell you what you have to do for the next step.
Paperwork is one thing, institutions taking their sweet time answering them and giving you a clear path is another. If you could hand your paperwork in one day and have them accept or decline it the next day would be a blessing. It's just that after you hand it in you will get an answer 3 months later, where they demand you hand in a new form within the next 7 days, just to wait another 3 months for another answer. If they want something it's as quick as can be, if you want something they are taking their sweet time.
As a doctor I always think that company that makes the 5-page form I have to fill out when someone dies has the safest income, because people will always be dying in Germany and I cannot see that form being digitised within the next 30 years at minimum.
Hello ... I'm French . That's it . That's the joke... In this paperwork thing, y'all still amateur ... We were born in it . Molded by it . We didn't see the light of an effective government process until we were ...nope ..never seen one !
I loved my time living in Augsburg. I would move back in a New York minute! I had my own little home business and the paperwork was insane; however, once I got through it all, the benefits were wonderful!
In Poland, all offices operate online. You can set up a company online, submit a tax return, deal with social and health insurance matters, check land registry data and the contents of the land and mortgage register.
I'm feeling that struggle rn. Trying to open a company here but the bank takes 6 weeks by now to open our business account. It really feels like every instance in this country doesn't want you to start a business
Ich hatte keine Probleme bei der Gründung. Gewerbemeldung online - 3 Tage dann war die im Original mit Siegel bei mir. Geschäftskonto online beantragt, bei meiner Hausbank - 5 Werktage. Alles easy
@@DHD-fg2qe Ich warte mittlerweile seit nun 6 Wochen auf ein Geschäftskonto bei der Postbank und habe nach wie vor nichts gehört. Ebenso musste ich ca. 2 Wochen auf einen Notar Termin warten. Die Gewerbeanmeldung sollte allerdings deutlich schneller gehen, sobald wir endlich eingetragen sind, aber die Bank ist zur Zeit unser größtes Hindernis.
in Italy used to be like that but they strip down burocracy with SPID (digital id) and you can operate online most of the times. I changed my residence like that
Which takes 8 months and then u have be to home to confirm it and if they miss twice they cancel the request and then 8 months more… its more terrible then Germany
That is an option in germany but not many services use it so its only really useful for getting some papers from the state or make an appointment online
I study not in Germany, but some of my professors are German. EVERYTHING on the univercity is done online. Online grades, we send our works online as well, yet all of our German professors always want printed copies, then they check the printed copies and they won't give you feedback, unless you go to consultation to talk over THE PRINTED COPIES. But the fun beggins, when they lose the printed copy 😏
In Germany you don´t simply don´t allow things that are unwanted but you put tons of beaucracy on top of it. That´s the best way so it´s only accessible to big companies and thus supresses competition.
My impression after reading your comment is as if all those beaucracy are there to keep the old players floating as well as keep the new players to stay low for a long time and either put them out of the business or persuade them to let the old players buying out their companies.. Either way that's not a fair or ethical business practice..
@@melee-dexterdexterious2878 It´s the same game all over the world. Big business invests money through lobbyists to pass laws that make it harder for small players. And as it is a lot more difficult in Germany to maintain your seat if you do blatant unpopular things compared to the US for example you concern troll about how very important this and that aspect is and that you need thousands of expertises about how your business could impact the local frog population and so on. Thus you can still pretend all to do that in good faith while in fact you are simply trying to stiffle competition. Plus to be fair Germans absolutely love to regulate every small aspect of life thus it´s not surprising politicians have a real lane with that.
This is the reason why big businesses hate capitalism. Because of the economic calculation problem, at one point in a free market, they simply cannot grow anymore. Thus they lobby for more regulation, stronger government and less freedom.
As a former bank employee, I can tell you; Banksters are legalized scammers, same applies for Insurance in NA. imo The best banking type is Not banking at all. A good friend of mine lived in his van for almost 2-years and bought a house for cash. When he went to his bank to withdraw the money, they started begging him to apply for a mortgage.
yeah they are the kosher scammer front surface, their IRS/IMF/world bank is the back end/money drain in MMO economy type scam. All for those people who can't ever commit genocide no matter what they do.
Well that's obvious. They make 5-15% profit on deposits and an extra 2-10% on mortgages if you withdraw the money they make zero. However if your friend truly had enough to buy a house in cash he made a bad move. 200k in an index gives you more than a mortgage costs, he could have been earning interest every month
@@dexterramey8787 I live an hour away from Philadelphia, and any decent house that needs very little work done, is 2-3 bedrooms with 2-3 bathrooms, and a modern kitchen is around $450k. Not to mention when you buy a house in the US, there are appraisals, title insurance, origination and closing fees that add up to like 10% of the home value. Plus the commission for the realtor. 3-5 years ago those houses were probably worth 250-350k. We considered moving further away from the city, but we’re landlocked bc of our jobs and my partner and I are both POC so we don’t want to be around too many racists.
Come to Italy and you would love germany… when the permit comes and it is already close to being expired so u should apply one and in few months start for the next one already
In Vietnam, you don’t even need to register anything to start a business. Just do it, and if you get caught, just pay the fine and you’re done. You’re welcome
I am French guy running an export business in Berlin, mostly in industrial field . The problem is that most of my customers have more trust in "Made in Germany" than "Made in France", true or not true, I don't know but people mindset is hard to change. And I do agree that bureaucracy is heavy here, but it's the heaven compared to france: highest level of corporate and social taxes in Europe, laws change every day, lazy and inefficient public worker, public transports always on strike, highest level of criminiality in Europe... Even if I prefer to drink wine than beer, I am not going back to France 🤣
I am running a business in Austria for over 10 years... Honestly and i know it sounds stupid, but everyone who runs a business here should be worshiped like a superstar. The struggle is too much.
I have a small business in Switzerland. I spend more than 50% of my working time with friggin paperwork. As soon as I finish one thing, there's three more in my mailbox. And I spend about 10'000.- a year for my bookie just to proof I don't cheat. It's ridiculous.
Honestly, all of Europe could do with an entrepreneurial kick up the ass. In the UK, you can get a LTD company and a business account within a few days. My accountant did it within 24 hours.
It then you also have to live there. You pay taxes where you operate your business, not where it’s registered. So you end up with the same German complex tax hell as before.
For all people complain about America I feel it’s under appreciated how in a week with $200 and a car you can start a small service industry business and start building it up. It isn’t the best if you want to have a standard 9-5 but if you want to build your own thing there’s little in your way
Yes agreed. It's easy to start very small in the US, but then gets difficult before it becomes easier again. For example, I could sell lemonade right now on the internet or from my garage and do decently, but if i want to own an actually lemonade shop, the difficulty increases dramatically to buy/rent property, permits, workers, etc until you become really successful, and things gradually get easier again. Depends on the state too, and its true that the US typically looks favorably on entrepreneurs in our culture.
@@u.s.citizen9933opening an actual lemonade shop isn’t harder in the U.S. compared to other countries though. It’d arguably be easier since you’ve already started a smaller business and you therefore have some disposable savings from it and also some experience
@@randomname9291 very good and true point, in comparison to other countries. My point was mainly focused on how business in the US does get harder for a time before getting easier again. And it depends on the state. CA for example is not a business person's friend in terms of laws, when Florida is more helpful in that regard.
@@u.s.citizen9933 yeah no I agree with that for sure all I’m saying is that it’s all relative. The fact that it starts off easy in the U.S. still helps you a lot compared to it just starting off hard. I do agree with you that the way it works in the U.S. still doesn’t make it easy though, it just makes it easier which is what important imo. It’s also very true that it differs heavily from state to state, as many things do
Well of course! A country is built on the workers. Otherwise you have a situation like the American South where customer service employees make too little to survive, and are desperate, and the locals think that this is an excellent economy.
@@Cyborg_Lenin That's BS. No employers - no employees. As simple as that. If there were no employers, everyone would have to be an entrepreneur themselves. And honestly, that's exactly how it should be. But why isn't it like that already? Because being an entrepreneur is so demanding and risky, that most people decide to be employees or civil servants. And then they complain about the conditions. Finde den Fehler!
@@amerubix185 sure? No employees, just workers. Workers have all rhe skills and do all the work, there are plenty of ways for them to organize without some leech taking their labor value away. This hasn't happened because we live under capitlaism, where all the power is in the hands of the entrepreneurs.
In Florida you open business (LLC ) online in 10 minutes. Just fill out the form, pay the fee and you are good to go. But if you want to open restaurant it takes time too cause many regulations and someone from the city has to come see it first to approve its all to american health standards ... etc.
@@majidmehmood3780I've never got food poisoning in the United States or any other major health issues so I'd say it's pretty safe. Whether it is healthy in the long term depends more so on your choice of restaurant.
@@GePalladiumor some of the Hampel coalition, who 100% take money from cartels so they can smuggle in more immigrants, even more drugs and steal even kore children for tiny hat cultists elite billionaires.
France and Germany are pretty much fully stagnant. It’s why countries like Ireland and Poland are growing faster and the economic centre of Europe is shifting eastwards. Edit: I seem to have rustled some jimmies with this one. I did mean to say Estonia, not Ireland, my mistake. As for citations I used the IMF figures for growth. Which show that Germany and France had 0.2% and 0.7% growth respectively compared to Polands 3.5% and Estonia's 2.2%. The more business friendly and well ran systems coming out of the former eastern bloc are proving to be effective and will slowly outcompete the traditional powers. This doesnt mean Poland will be the number 1 economy any time soon but the economic centre of Europe is shifting, like it or lump it.
@googoogaagaayt Germany, actually. All of their economic indicators are stagnant, and they're the only G7 country to have seen their economy shrink in 2022. Unlike their 2000-2010 GDP growth of 1.45 trillion USD, their 2010-2020 growth was only 0.49. Even after their covid recovery, the economy is still shrinking, and GDP per capita is falling. This is compared to Ireland and Poland whose GDP has doubled from 2010-2020. TL:DR German economy shrinking, actively in recession, World bank is source.
They also get a dozen more holidays a year and a month a vacation for any job and can actually retire comfortably without being rich , and every other person isn’t disgustingly fat which is nice
Needed to open your eyes then. 55% of employees in Germany work in an SME. Germany is famous for having small specialised companies. Yes, there's some actual paperwork and regulation around companies but that does mean there's less people scamming everyone by opening a company on a Monday, doing shit work and closing down the company the next week.
Depends on the business you're opening. A company with private liability takes about 5 minutes to register and you can start operations on the same day. If you're starting a business with limited liability, then yes, there is more paperwork involved. It should be easier and companies or associations that help you with the paperwork shouldn't need to exist, but they do exist, so use them. Best you can do, is start as a private liabilty company, get the ball rolling and then make the switch to limited liability.
@@donflamingo5833 Because if everything goes to plan you'll be dealing with a lot more money, both in order volume as well as in expenses. Switching to limited liability means, that if something goes wrong, your personal assets are protected.
4% margin? Is it real? In Indonesia, for FMCG distributors we just have 3% margins because of competition. But the population is so huge, so is the "sales volume". But Germany? With fewer population, we just have 4% margin?
@@aldoghifari5009 depends entirely on the product, your target market and where you are in the supply chain. Also depends on how much of your own production you are doing or who your suppliers are.
@alzajeb7270 no I'm serious, honestly, all you need to do is give your details to the UK government department called companies house and pay a very small fee, mine was £13 when I registered my company about 4 or 5 years ago.
In Sweden you can start a small business without any registration, just report the accountancy summary in the yearly tax report. If you cant a company or register a business name it can be done online but you can actually start working before that is made. The registration is done on-line, costs 50-100 USD and takes a takes a few weeks. För a limited company one needs a bank statement about insertion of the start capital (shares). The bank might need more paperwork to open an account, than the authorities to register the business. For a small company he taxes are declared once a year, except the report for employee salaries/taxes/insurance which is monthly. Businesses that handle food, drinks, healthcare, education etc need special licensing.
I had a little 1 man medical courier business a couple of years ago. All I needed was an LLC, insurance, and a reliable car! Now, I'm considering getting my CDL for more opportunities. America is amazing!
That's not really just an American thing. In the vast majority of modern countries it is just as easy to start a business. Here in the UK I can have a business up and running within 24 hours. Germany is the outlier, they just love making thing's far more difficult than they need to be.
Only after moving to Germany I realized how easy and simple was it to do business and invest back in US. And taxes...oh yeah. Glad it took me just 1 year to figure that out. Hope the exit forms would not take me another year to fill...
You can start an incorporated company online in the States in about 15 minutes. You can have an idea at 9am, have the company registered, logo created, website built, and e-commerce set up in around 2-3hrs total. Need a physical space? Rent an office space in a day, and have shipping logistics set up 24-48 hours after that. And just like that, you're in business with a company and selling a good or service. And profit margin? Make it as much as you want.
Bureaucracy is one of the most difficult things in Germany. It's "necessary", but still drives everyone insane. When you get to the end, it's like you can't believe you are finally finished. It's like a mission 😂 😭
Its crazy how in Georgia for over 15 years now you can get all the legal documents and register a company within 2 days. And most of it done online if not the one window principle is in work when you go to a justice house and everything is being prepared for you in matter of minutes
Germans are not very IT-minded, paper is still in use and many still use cash. In Denmark you can get VAT numbers and incorporate immediately. Germany and Denmark have highly competitive, transparent and professional business environments. You can’t expect to easily find business opportunities not used by others. Holes in markets are quickly filled.
This may be true for full time companies. Side hassles are rather easy and well supported by the government. I have one myself. My family does landscaping and stuff. Registering that was easy and we bought some starting equipment and it's going well.
In Canada back in 2008, I applied online on a Friday morning to register a corporation at the federal level. I was expecting the process to take a few days. I checked my email later that afternoon and had a flood of emails come in with the registration completed.
Germany is the most misunderstood place in Europe. People think it is: efficient, high-tech, rich, and that everything works well. Yet, all this couldn’t be farther away from the truth. I often wonder why people want to come live here. It’s insane!
Ma alla fine noi in Italia (parlo per il nord) stiamo messi meglio della Francia e della Germania solo che la gente parla senza informarsi/andare a vivere in quei paesi
Reminds me of Romania. Something as simple as one single sick day requires a doctor's note (concediu medical). To get that note, you first need a certification from HR of how many sick days you've had so far (adeverinta de zilele medicale). Then you send this to the doctor. But not any random doctor -- no, it has to be your family doctor (medic de familie). Then you must go to the clinic and pick up the physical doctor's note and schlepp it to your HR dept. Really fun if you've a WFH job. And don't expect to be paid for the time spent on the road. Best case they'll dock your pay, worst case they'll make you recup the hours. Which will be fun, seeing as the workday is already 9 hours long. And all this just for a stinking sick day. I don't even want to think about the hoops for starting a business.....
Me still learning german: All these sophisticated words on every piece of paperwork is so confusing, I don't even know what they actually mean. My German boss: (takes a look). Nope, I don't understand it either.
That was exactly my experience 😂, I love Germany, but I moved to the US in 2021 after 7 years of staying. I remember at the end they told me you have to fill out the forms of Abmeldung😅
Sounds like Canada . Also when you leave Canada you have to pay a HOSTAGE TAX . Otherwise known as a exit tax on all your assets except your pension and house sale. The house sale exception will soon be gone as well.
I've been running a mechanic shop in Canada for a little under 5 years now. Took me less than a week to get things up and running. It's really not that hard. My month end reconciliation with the bookeeper is a bigger headache than starting a business was.
@@PlattyGems You assumes it i Only effects the rich. Am I rich because my wife and I worked our asses off owning a business that employed 14 support staff and I had a full time job that I worked 60 hours a week at as well. Bite me ! We raised 3 productive members of society and paid our debts. My company pension pays me $1300 per month . We have RRSP’s that we scrimped and saved for and the equity in our house. Successive governments of both stripes in our country have made our medical system so expensive and so inefficient that people are dying on waiting lists in Canada for a system we have paid for and we are punished when we go abroad for private healthcare. As a legal gun owner in Canada my private property rights have bern violated countless times by the government to create the illusion of saftey for the ignorant masses. Our public schools and universities have become socialist indoctrination centres rather than fostering critical thinkers. In short I want out ! The capital gains the government wants to charge me on my assets that I have already paid tax on with already taxed money is triple taxation. My family served this country for four generations to see it degrade into a socialist , debt ridden totalitarian state run by unelected socialist bureaucrat’s. Short of taking up arms against my own country which is treason our only option is to take it up the ass on the way out. I have no use for my country and will pay the exit tax begrudgingly on the way out.
I started an LLC here in the states and I was done within 30m and the business was official within 5 days - and 2 of those days were the weekend lol. I had all of my offical documents within a week after that.
Also, the BIP doesn't tell anything about the wealth and well-being of the individual. Rather does home-ownership. And the DACH-region has the lowest rates of it in Europe.
Meanwhile in Indonesia: So, 8 paper, one tax payment, and there you go.... Filling the paper probably took a few days. Around a work week if smooth, around a day if you bribe enough
Indonesia is known to the World as one of the highest corruption in southeast asia. Thats why you always read newspaper reported international, MNC, big corporations choose to make investment in Malaysia instead of Indonesia.
@@literallyhuman5990 They're a lot MNC in Malaysia than in Indonesia. Intel, Amd, Texas Instruments, Microsoft, Tesla, Facebook, amazon, wipro, tata, Novartis, IKEA , Apple with their first Apple Store, BASF, First Solar, Braun, Spirit Aerospace, Nestle, Schlumberger, Western Digital, IBM, Osram, Dutch Lady, Shell, ExxonMobil, Petron, Siemens, Google Malaysia, Infineon, Micron, NXP, Jabil, Foxconn, Flex, Broadcom, and a lot more other semiconductor MNC companies.
If you apply for anything the processing takes 8 weeks. Make sure you made copies of all required documents and send it through registered post. If u used the internet, it would take much longer. The funny thing is, if you get the priveleged and that benefit approved, some are just for 6 months and you have to renew. Filled up same forms, copied same forms and submit whatever they wanted to know about you.😂 Many think life in Germany is better but if you live here for more than 10 yrs., you will know how it is.
Complex bureaucracy is a obstacle to progress of the economy. And the blow for micro enterprises. Also negative to innovations. Only medium and large companies can manage with bureaucracy.
No wonder when all of it is installed by civil servants and employees who have absolute no clue in being an entrepreneur and what that means for the success and well-being of a country. This is one reason why I think entrepreneurship should play a major role in our education system.
Here in colombia you dont even ask permission to the government to open your store unless you get very very big 😂😂 Or you just go to an empty corner in the street and sell arepas or empanadas
I mean, I just got back home from visiting my grandma in NY, and most of my family on that side are all very upset from how the economy is going here because of the high corporate profit margins. It sounds like Germany is good at that kind of slow, healthy business that takes its time and respects how much people need
@@astaloaf2113 Everything is too slow and too complicated. You can make many mistakes in the bureaucratic jungle, which is a digitalisation desert on top. Not quite exactly the best place for start-ups. Apart from that our current economic policy is nothing less than a catastrophe. Our minister for economic affairs has not the slightest clue about economy. Was a children's book author before and bullies us with his ideologic ideas. Energy prices are through the roof, despite many companies didn't even have fully recovered after the covid crisis. And that's only one reason why many SMEs are heavily struggling at the moment. Germany is not what it was anymore and I am afraid of the times to come.
a lot of the paperwork is not because it’s needed. like in the US large companies lobby the government well. German companies have created a business environment where starting a business is near impossible regardless of if the product is better. starting takes a lot of money, and the investor pool is near non-existent. vs the US where small businesses have a much easier time getting started with investment. Germany is better than the US on average if you want to be a salary worker, but if you want to make something yourself go to the US edit: to clarify, old German businesses lobby to make new companies harder to create for the sole purpose of maintaining their monopolies. most large German businesses are privately owned by families dating back to the second world war. it stifles innovation but at this point it is what it is
There's nothing positive about the german bureaucracy. I remember there's a youtube video where one young government employee said: Now I feel like I'm someone better.... after passing the entrance exam. I felt threatened when I had my business in Germany, I'm now in Asia - for over 10 years not a single letter like I received it from the German authorities back then... I focus on my business and that's it.
What some of the viewers missed : His business survived first year, 5th year, and reached 9th year before closing. Explanation : some new businesses closes before completing their first year, only 20% reaches fifth year. By reaching 9th year, his profit is "good" and drive is almost inexhaustible.
The richest country in Europe is in the Middle East it’s the European county of isreal it’s in the Middle East but all the mythology native people are euopean
@@Gerbrandt0245 Unfortunately, no. They don't even care if you have any income at all. When I was a student living off a small allowance from my parents in a tiny apartment, struggling to make ends meet, I had to pay this Beitrag. Later when I was unemployed for a while I had to pay it as well. And now that I run a business I have to pay twice - for my home and for my businees.
One of the few good things about America (that can also be a bad thing when abused) is that I can go online to my state’s website and register a business within an hour, and have an EIN the next day, and let clients in the door that same day. I mean, I don’t have a business that really works like that, I just teach music lessons, but starting my LLC took a few clicks and a few bucks and I still have it, no fees or anything.
![CHILE vs. BRASIL [1-2] | RESUMEN | ELIMINATORIAS SUDAMERICANAS | FECHA 9](http://i.ytimg.com/vi/5ObJt_71AYc/mqdefault.jpg)
As a Dutchman, Germany feels like you're going back in time 20-25 years. It also feels like they've missed the whole digitalization thing.
Go back how?
Trust me everyone here knows that this stuff is atrocious but somehow noone feels responsible for changing it...
Ngl everytime the goverment say "digitalization" I always laughs
And i Look to the Skandinavien countrys and think: If it wont be sooo cold, that would be a good Alternative 😅
Working with pen and paper should make the infrastructure hack-proof 😂
In Kazakhstan you register a company within one day and then open a bank account and submit required documentation in 2-3 more days. Almost all of it is made online. Within a working week you can start to do business legally
haha nice even Kazakhstan is more modern than Germany^^
@@RadicalLiving I suggest that it is due to the fact that we, as a post soviet country have started to have commercial banking in 1991, so system isn’t that old and thus more prone to changes and digitalization, while banking and governance practices in Germany date back decades or in same instances centuries back so it’s more difficult to change or digitalize the whole system due to regulations, norms, practices and tradition.
When we open a bank card it’s given to you at the bank immediately after being printed in front of you, you spend like 3-5 minutes to get a new bank card.
But with all that digitalization of ours you are still a lot richer than we are, so..
Да тут все СНГ такое)
Sexy time with sister and Boney M cassette will expedite the procedure 😂
And look at Kazakistan 😂
😂😂 Bureaucracy is the art of making possible impossible 😂😂
haha well said
Good one
Thank you all for the "likes" ✌😘
You mean beareaucrazy😂???
Even as someone who genuinely likes burocracy i think Germany takes it a bit far.
As a frenchman, I can assure you, you have not seen bureaucracy at its worst.
As a German, this is just rookie shit. Germany is the worst in that matter
@@nieselregen420 At least German folk have this vigor for getting things done, correct me if I'm wrong. State workers in Spain are known for their loooong breakfasts (they are so hard to reach) and very low motivation to help.
It's a general European problem I guess.
@@Sinesgaitz Nope this is in my opinion just a stereotype which is not true. I worked in a hospital and some of my colleagues were playing games all day or just talking. It really depends what you do. But in general Germans are good at pretending to be working hard. We’re no better than the rest I’d say.
But I kinda can understand that attitude, when your job gives you nothing back. I mean it takes up 70% of your week, no one can work all the time
@@nieselregen420 At least Germans get things done. In France it's worse because you add another layer of lazy public infrastructure. Combined with dated, overcomplicated bureaucracy, in the end nobody wants to start nothing, no business, no endeavour, just because of the paper work. Hell, just declaring your taxes once a year is a chore.
@@TReXcuRRy Bro trust me, it's 100% the same or even worse in Germany. I recently started a business and the paper work is hell. They don't tell you shit and will fine you on every occasion. Thousands of forms you have to fill in and then you have to wait weeks for them to respond, because they don't have any digital infrastructure.
Germany sucks in that matter. There are so many government ministries/institutions who need you to send them a letter. And they'll always respond with letters as well. Have fun dragging a small issue over months just because our old politicians refuse to change anything for the better.
Conservatism had Germany not doing shit for 16 years. Just look at our trains.
Man wore the same shirt for 10 yrs. That's dedication
I DIDN'T EVEN REALIZE LMAO
Well tbf I don't think his business was doing too good
I got some Nikes from 10 years ago. They're the most comfortable shoes I've ever worn before.
Well with just 4% profit margin in 10 yrs. What do u expect?
With a 4% profit margin he probably couldn't afford a new one
Germany is the reason for Kafka's literature.
And we even have a beautiful word for it: kafkaesk.
He lived in Czech
@@PhonePyaeNaung Yeah, and his relationship with his dad with the influence of his writings, this is just a joke.
Kafka was living in Austria-Hungray and todays Czechia. He was czech jew.
Kafka lived in Austria
Gotta give credit to this guy for spending 10 years in Germany just for a yt short👍
Sleek joke with no comments? Let me fix that for you.
And all without aging a single day!
@@Zaros1337Must be the old spice
He didn’t actually though, he just pretended. You’re welcome
@@cjadventures8840No, you're welcome
In Poland you can register your company in about 2 hours and you can make everything via website.
and then you will make nothing because poland has no money and taxes takes everything
Remember, never register a business in europe, do it somewhere with low tax from business income and "open" your business anywhere, aside of poland.
Yes but in Poland everybody is going to rip you off as well.. lol
bureaucracy in europe is legendary.
here in spain is the same,tons of paperwork written in the most formal and weird spanish you can get,and when you try to call and get some answers they don't know a damn thing.
you end up paying another company to deal with all of this crap for you
Not really
Countries like Estonia and Ukraine have an easy efficient bureaucracy to deal with
In fact Estonia has the most efficient digital government in the world
It is true for almost all European countries tho. Bureaucracy is hell on earth @@baha3alshamari152
@@baha3alshamari152 yes, but there is a slavery for men in Ukraine which makes it not attractive
@@SageMindWhisper
If you are woman then it's one of the best places in the world to live in
@@baha3alshamari152They drag you off the streets in Ukraine for uncle Sam’s meat grinder😂 of course $$$ talks and BS 💩 walks
Exit Form is the only thing that keeps us here
😂😂😂
true Brazil moment
Leaving America is like trying to stop watching a train wreck. A really long, slow train wreck. 😂
😂
The exit tax. Its the exit tax
I was born and lived in germany for 25 years and literally left the country because of this. The stress of dealing with the overcomplicated taxes and beurocracy is too much. I now live in canada and it's so much better. Plus, I get to keep a lot more of the money I make. It's been 3 years since I left germany and I'm still dealing with paperwork about my exit every now and then.
From all the shit that never happened this never happened the most
@@BeatstormXI believe him. Sorry
@@BeatstormXnah he legit
As your dutch neighbor.. i felt that…
I was wondering why you chose not to move your business to the Netherlands instead? It seems that it would have been much easier to relocate there. The international trade routes would make world-wide shipping both easier and cheaper, and starting a business in the Netherlands offers several advantages over Canada.
A friend living in Spain told me it would have taken months to open a bakery. She moved to the states and within 2 weeks she was up and running. P.S. it was Indiana, not California.
¡Buena suerte para tu amiga! 😃
California is just as bad as Germany.
Got my own plumbing business here in california. Paperwork was immediate
@@everybodysMaster1I’m a plumper from Germany or a Plant mechanic for HVAC I don’t know if there’s a big difference between those two jobs in the states. But my question is. Would you hire me? 😂 don’t want to live in Germany anymore.
Spain is an economic nightmare. And bureucracy is one of the worst worldwide.
You haven't seen Belgium yet, 11 million inhabitants, 7 governments.
And how many languages and dialects? Also more importantly, how many flavours of chocolates? 😊
The joke about Belgium not being a real country still holds.
Wait what?
7 goverments???
What???
Please come to Switzerland 😂❤
If there's one thing people UNDER appreciate about the U.S, it's the sheer drive and positivity around entrepreneurship
We love to see a rags to riches story in the U.S.
@@juliasteam2077 you are either blind or not truthful. Even our poorest are rich by world standards, we have an epidemic of fat homeless and even those on the smallest income of minimum wage, as long as you're not stupid enough to live in a major city, you can live off until you are able to find something better or work your way up the ladder to better paying positions which in most cases can take only a few years. Many people in fast food can make management in 3-5 years and get paid vastly more and can stay continue to work their way up or find another job with better pay with that experience. Vocational jobs are also highly paid and very under filled right now. To many people expect to make lots of money right out of school or don't want to work and earn their way up like every generation before them did. Stop being lazy and you would be just as well off as your parents by their age. It's things like inflation, and poor government spending and devaluing dollar you really have to worry about. Which is a major left thing so vote for those who don't screw over your money and will cut your taxes and let you keep what you earn.
@@juliasteam2077 not necessarily. Riches doesn’t have to mean being a billionaire. Riches can very well mean being comfortable in the middle class. Upward mobility is what that phrase really means.
@@juliasteam2077 No, not true. If you re a good businessman, you have the potential to get truly rich in the USA. Small businesses do it all the time. Takes a lot of work, but way, way less paperwork than a place like Germany - or Europe, in general.
@@juliasteam2077Nah the financial growth when you move to the US is significant. You ain't gonna be a baller but you will be much better off and not paying out the ass for dead beats like you do in Germany.
he left 10 years later, and after 2 months in the states, he texts an email" "your business in germany has been accepted"
I can hear the scream from this guy hopefully not punching his laptop or smashing his cellular. LOL.
e-mail? How about paper mail!
@@TreefeedXavier Fax is the only answer
I don’t think you were paying attention
@@pastramusic1553Sending a pigeon, over the sea 🤣🤣
I opened a business in Estonia in a couple of hours. Paying back taxes was also super easy, I set up a repayment schedule in about 15 minutes. It was all so quick amd painless, I loved the process, actually. I was respected.
100% can confirm, the bureaucracy is a literal nightmare to navigate
its not bug its feature
@@Pedgo1986 Germany has some of the best worker protections in the world. As much as bureaucracy is a pain in the ass, they are clearly doing something right.
The ridiculous bureaucracy is the price germany pays for actually having good anti trust laws that prevent monopolies from forming and good worker rights that prevent it from decaying into a dystopian hellhole.@@clb303
@@clb303tell me more. Europeans literally have told me the shit I go through at my fast food job is illegal there
@@haroldfarthington7492 You're going to have to at least elaborate or use the power of Google
In Portugal you can open on-line a company in 24h.
This is called the Simplex Act.
It made everything simple.
It's in the name ain't it😭
Same in UK :-)
In Germany you can do it in 24 months.
This is called Complex Act. It made everything complex.
@@krasky 😂👍
@@ellebelle2507but your company trashes small private businesses 😂😂 incompetent islanders
Meanwhile in the Netherlands I could get an appointment for my application the same day and all I needed to do was show ID 😂
Ugh take me work you!!! I wanna move there so badly 😭😭😭
Same in Poland. Except for the fact that we also have digital ID’s😁
I swear everyone got the memo but Germany. Germany sat on it, farted five times and then threw it out the window because it smells bad
Huh.. in Singapore... I can register a company online in 30mins.
The Netherland farmers are dope
They beat out the corruption with fertilizer
I started a pressure washing business in the US, filled out paperwork, sales and use tax. Didn't make a single sale (lacked capital and experience, plus I got hired to pressure wash by another company) a year later I got all kinds of things in the mail about my business. "you owe $750, no you owe $1000, we will seize your property unless you pay your remaining balance of $0.00"
I finally reached out to the people, THEY CLOSED MY ACCOUNT FOR ME AND I DIDNT PAY A PENNY!! Much easier than expected, as an absolute novice that knows nothing, I recommend
You shouldn't have even made an LLC for that. Just treat it as regular income if there are no employees. Registering just brings unwanted attention.
Which state?
I'm currently in the process of closing and liquidating my GmbH in germany... you speak out of my heart
It tooks me 5 years to liquidate a GmbH in Germany.
Happy you found salvation brother.
Why?
If you’re ditching the country why do you even need to bother filling out exit paperwork for a company then? You’d think as long as you stop operations there all together there isn’t really anything they can do about it if you don’t fill out the paperwork, right??
@@catalan500_8I am guessing it would keep you on the “good list” side of things when you want to come back into the country for a visit?
I started a local service business in Oklahoma USA with about 5 total forms including banking accounts and IRS registration. I don't have any employees so it was incredibly simple. That was two years ago and I'm still going! Every day is a nail biting, stressful, glorious roller coaster ride. Wouldn't have it any other way.
When I was in business, I set up a DE corporation. Took only a few minutes on line.
You don't really need too you can buy the name and domain and llc it later you can still file it as a company when you pay taxes.
...just keep on telling yourself that...one day you might convince yourself
In denmark you go online, type in the name of your new company, what type, some addresses and info on yourself, sign digitally, then order a bank account online and that's it.
Taxes are still pretty complicated in the US. Even employees have complicated taxes.
It's much simpler in eg Singapore.
This and Uyen Ninh’s posts about paperwork make me understand Kafka’s The Trial better. Its just forms and waiting!!
😊😊😊😊😊😊😊😊😊😊😊😊😊
You might like "Poseidon" as well.
A page long only, from Kafka, about this again...
The Austro-Hungarian Bureaucracy was even worse though
No. It’s unclear forms, them screwing up, nobody knowing what’s going on, not understanding what forms need to filled out when, what regulations need to be complied with and how is this done. Inefficient bureaucracy with lots of slow and clueless people who „forget“ to tell you what you have to do for the next step.
The Germans have always loved their paperwork. So much they spent a decade or so forcing you to show it.
Paperwork is one thing, institutions taking their sweet time answering them and giving you a clear path is another. If you could hand your paperwork in one day and have them accept or decline it the next day would be a blessing. It's just that after you hand it in you will get an answer 3 months later, where they demand you hand in a new form within the next 7 days, just to wait another 3 months for another answer. If they want something it's as quick as can be, if you want something they are taking their sweet time.
😬
In the US you can get a company registered within minutes and start a business in less than a week
I had a not-for-profit corporation start within 2 business hours of submitting the application.
Same is with guns and forming a new gender,you can basically register a new gender, probably every few weeks
@@pathofthemastersit varies state to state. Go to a good one like Wisconsin. Just be ready for drunk drivers.
Yeah but the irs won't tell you how much you owe.
It took me 6 weeks after registration to get a tax id in germany...
Best business in Germany: have a shop for public forms hahaha
As a doctor I always think that company that makes the 5-page form I have to fill out when someone dies has the safest income, because people will always be dying in Germany and I cannot see that form being digitised within the next 30 years at minimum.
But you'd have to endure the same process of filling out public forms to open a shop selling public forms 😂
@@CreepinCreeper145 exactly what i was gonna say haha. Aha! you are still not done yet. (Bizarre German Laughter)
Hahah, sie sind wirklich erfolgreich hier 😂
As German, I confirm this is sad reality, no comedy.
Hello ... I'm French . That's it . That's the joke... In this paperwork thing, y'all still amateur ... We were born in it . Molded by it . We didn't see the light of an effective government process until we were ...nope ..never seen one !
Classic German comedy then!
Smelly jeeta are everywhere. Never visiting Germany 😇
German Comedy is no laughing matter.
jeez no wonder yall wanted to get eliminate 6 millions politicians and Bureaucrats
I loved my time living in Augsburg. I would move back in a New York minute! I had my own little home business and the paperwork was insane; however, once I got through it all, the benefits were wonderful!
In Poland, all offices operate online. You can set up a company online, submit a tax return, deal with social and health insurance matters, check land registry data and the contents of the land and mortgage register.
Poland is prepared to be invaded and disqpear and still exist on the internet
Yea but why would anyone go there. It's a filthy country.
And that's why Poland is on track to surpass Germany economically
I wonder and asking to myself why all the millions Polish living in Germany don't go back to your wonderful country.? 🤔🤔🤔
@@chriscanon8829I don't think so, right now we have BND-backed prime minister and it's all falling apart.
I'm feeling that struggle rn. Trying to open a company here but the bank takes 6 weeks by now to open our business account. It really feels like every instance in this country doesn't want you to start a business
They don't.
They dont. That is how they keep old companies without competition
Ich hatte keine Probleme bei der Gründung. Gewerbemeldung online - 3 Tage dann war die im Original mit Siegel bei mir. Geschäftskonto online beantragt, bei meiner Hausbank - 5 Werktage. Alles easy
@@DHD-fg2qe Ich warte mittlerweile seit nun 6 Wochen auf ein Geschäftskonto bei der Postbank und habe nach wie vor nichts gehört. Ebenso musste ich ca. 2 Wochen auf einen Notar Termin warten. Die Gewerbeanmeldung sollte allerdings deutlich schneller gehen, sobald wir endlich eingetragen sind, aber die Bank ist zur Zeit unser größtes Hindernis.
Just leave Germany is a failed state.
in Italy used to be like that but they strip down burocracy with SPID (digital id) and you can operate online most of the times. I changed my residence like that
Which takes 8 months and then u have be to home to confirm it and if they miss twice they cancel the request and then 8 months more… its more terrible then Germany
@@Syedalishahone made my spid in italy in less than 10 minutes just going to a postal service with my id
@@SyedalishahoneThat sentence was less than clear.
Imagine thinking a central government digital ID is a good thing
That is an option in germany but not many services use it so its only really useful for getting some papers from the state or make an appointment online
I study not in Germany, but some of my professors are German. EVERYTHING on the univercity is done online. Online grades, we send our works online as well, yet all of our German professors always want printed copies, then they check the printed copies and they won't give you feedback, unless you go to consultation to talk over THE PRINTED COPIES. But the fun beggins, when they lose the printed copy 😏
In Germany you don´t simply don´t allow things that are unwanted but you put tons of beaucracy on top of it. That´s the best way so it´s only accessible to big companies and thus supresses competition.
My impression after reading your comment is as if all those beaucracy are there to keep the old players floating as well as keep the new players to stay low for a long time and either put them out of the business or persuade them to let the old players buying out their companies..
Either way that's not a fair or ethical business practice..
@@melee-dexterdexterious2878 It´s the same game all over the world. Big business invests money through lobbyists to pass laws that make it harder for small players. And as it is a lot more difficult in Germany to maintain your seat if you do blatant unpopular things compared to the US for example you concern troll about how very important this and that aspect is and that you need thousands of expertises about how your business could impact the local frog population and so on.
Thus you can still pretend all to do that in good faith while in fact you are simply trying to stiffle competition.
Plus to be fair Germans absolutely love to regulate every small aspect of life thus it´s not surprising politicians have a real lane with that.
@@melee-dexterdexterious2878 Or in other words: you´re damn right.
This is the reason why big businesses hate capitalism. Because of the economic calculation problem, at one point in a free market, they simply cannot grow anymore. Thus they lobby for more regulation, stronger government and less freedom.
@@Orangnus I hope your whole comment is just purely sarcastic or I really might doubt your sanity.
Finally someone listens to the advice "If you don't like go back home" 😂
I'll follow that advice also, in few days
😅 best of luck!
If only black people and jews listened to it 😭
@@Eternatus00 last time an austrian man in germany did that doesnt end well huh
@Eternatus00
What on Earth is wrong with you??
@@Eternatus00 God damnit don't make us come back there a third time .
As a former bank employee, I can tell you; Banksters are legalized scammers, same applies for Insurance in NA. imo The best banking type is Not banking at all. A good friend of mine lived in his van for almost 2-years and bought a house for cash. When he went to his bank to withdraw the money, they started begging him to apply for a mortgage.
yeah they are the kosher scammer front surface, their IRS/IMF/world bank is the back end/money drain in MMO economy type scam. All for those people who can't ever commit genocide no matter what they do.
Well that's obvious. They make 5-15% profit on deposits and an extra 2-10% on mortgages if you withdraw the money they make zero. However if your friend truly had enough to buy a house in cash he made a bad move. 200k in an index gives you more than a mortgage costs, he could have been earning interest every month
2 years to buy a house in cash, your friend earning 500k a year while living in his car?
@@GR-ir2buwhere you live where all houses are that much?
@@dexterramey8787 I live an hour away from Philadelphia, and any decent house that needs very little work done, is 2-3 bedrooms with 2-3 bathrooms, and a modern kitchen is around $450k. Not to mention when you buy a house in the US, there are appraisals, title insurance, origination and closing fees that add up to like 10% of the home value. Plus the commission for the realtor. 3-5 years ago those houses were probably worth 250-350k.
We considered moving further away from the city, but we’re landlocked bc of our jobs and my partner and I are both POC so we don’t want to be around too many racists.
Come to Italy and you would love germany… when the permit comes and it is already close to being expired so u should apply one and in few months start for the next one already
In Vietnam, you don’t even need to register anything to start a business. Just do it, and if you get caught, just pay the fine and you’re done. You’re welcome
In Afghanistan you just open a store no tax no nothing
@@nonijoshi1082 i rather live in germany than in afghanistan
That’s crazy. Vietnam used to be well known for its bureaucracy.
It still is bureaucratic lolll @@tomcat8662
@@Strakin media has successfully scared you of the outside world and made you love slavery
I am French guy running an export business in Berlin, mostly in industrial field . The problem is that most of my customers have more trust in "Made in Germany" than "Made in France", true or not true, I don't know but people mindset is hard to change. And I do agree that bureaucracy is heavy here, but it's the heaven compared to france: highest level of corporate and social taxes in Europe, laws change every day, lazy and inefficient public worker, public transports always on strike, highest level of criminiality in Europe... Even if I prefer to drink wine than beer, I am not going back to France 🤣
Is there a problem with crime in all of France right now? I was only thinking in Paris and Marseille.
@@АлинаМаркелова-э3фno, he just hates France, as many immigrants from there.
@@АлинаМаркелова-э3фno, he just hates France, as many immigrants from there.
And that’s why France is poorer than Germany; there’s just too much bureaucracy and socialism so the economy doesn’t grow.
@@АлинаМаркелова-э3ф mainly thanks to 3rd world mass migration
I am running a business in Austria for over 10 years... Honestly and i know it sounds stupid, but everyone who runs a business here should be worshiped like a superstar. The struggle is too much.
Ja man, ist schon fast so als ob die die Sklaverei noch haben wollen und die kleinen in papier Bergen begraben wollen.
Yup you sound stupid
Austrian with a GmbH here - it's almost like our governments don't want small companies to exist.
@@WolfofnoStreet Correction Capitalist govts
I have a small business in Switzerland. I spend more than 50% of my working time with friggin paperwork. As soon as I finish one thing, there's three more in my mailbox. And I spend about 10'000.- a year for my bookie just to proof I don't cheat. It's ridiculous.
Honestly, all of Europe could do with an entrepreneurial kick up the ass. In the UK, you can get a LTD company and a business account within a few days. My accountant did it within 24 hours.
I recomend opening a business in Romania or Estonia. Quick, online and easy. You can be functioning as a business in a couple weeks
Yep, but in Romania the mob comes to get your money in three different verb sentences: before/now/after opening the business
It then you also have to live there. You pay taxes where you operate your business, not where it’s registered. So you end up with the same German complex tax hell as before.
For all people complain about America I feel it’s under appreciated how in a week with $200 and a car you can start a small service industry business and start building it up. It isn’t the best if you want to have a standard 9-5 but if you want to build your own thing there’s little in your way
Won't be possible if commie biden stays in office in the next election
Yes agreed. It's easy to start very small in the US, but then gets difficult before it becomes easier again.
For example, I could sell lemonade right now on the internet or from my garage and do decently, but if i want to own an actually lemonade shop, the difficulty increases dramatically to buy/rent property, permits, workers, etc until you become really successful, and things gradually get easier again. Depends on the state too, and its true that the US typically looks favorably on entrepreneurs in our culture.
@@u.s.citizen9933opening an actual lemonade shop isn’t harder in the U.S. compared to other countries though. It’d arguably be easier since you’ve already started a smaller business and you therefore have some disposable savings from it and also some experience
@@randomname9291 very good and true point, in comparison to other countries. My point was mainly focused on how business in the US does get harder for a time before getting easier again. And it depends on the state. CA for example is not a business person's friend in terms of laws, when Florida is more helpful in that regard.
@@u.s.citizen9933 yeah no I agree with that for sure all I’m saying is that it’s all relative. The fact that it starts off easy in the U.S. still helps you a lot compared to it just starting off hard. I do agree with you that the way it works in the U.S. still doesn’t make it easy though, it just makes it easier which is what important imo. It’s also very true that it differs heavily from state to state, as many things do
Germany is a country for employees! Anything else is simply not worth it
Well of course! A country is built on the workers. Otherwise you have a situation like the American South where customer service employees make too little to survive, and are desperate, and the locals think that this is an excellent economy.
And this employees need to work for employees or companies, if there are no employers or companies where will this employees be hired.
@@miguelotieno3573an employee with no employer is still useful
And employer is useless even with an employee.
@@Cyborg_Lenin That's BS. No employers - no employees. As simple as that. If there were no employers, everyone would have to be an entrepreneur themselves. And honestly, that's exactly how it should be. But why isn't it like that already? Because being an entrepreneur is so demanding and risky, that most people decide to be employees or civil servants. And then they complain about the conditions. Finde den Fehler!
@@amerubix185 sure? No employees, just workers. Workers have all rhe skills and do all the work, there are plenty of ways for them to organize without some leech taking their labor value away.
This hasn't happened because we live under capitlaism, where all the power is in the hands of the entrepreneurs.
Elon Musks experience in Germany building the giga factory.
Better that than the experience of Elon’s workers in his US megafactories.
Must be really frustrating for him that there's no blood-emerald mines here.
@@gamlaman If you don't like working at Elon's factory, you are free to find another job. It's just that simple.
@@WillieFungo what are u doing here, I thought ur in cape Verde. Waiting for more African content
@@conrad.k9371 😂 haha more on the way
In Florida you open business (LLC ) online in 10 minutes. Just fill out the form, pay the fee and you are good to go. But if you want to open restaurant it takes time too cause many regulations and someone from the city has to come see it first to approve its all to american health standards ... etc.
american health standards, pffff
But you get shot 90 times on your way home because you didnt put on a seat belt 😂
@@majidmehmood3780I've never got food poisoning in the United States or any other major health issues so I'd say it's pretty safe. Whether it is healthy in the long term depends more so on your choice of restaurant.
@@celestialorb1680 not food poisoning but you sure will get cholesterol, diabetes, heart attacks
@@majidmehmood3780 sound Indian... how are your food standards?
Richest country in Europe? Yeah the state is rich not its citizens, brother
I wonder if Angela Merkel is the richest woman in Germany! She seems to have been in office the longest!
@@glennoropeza3545 by the state he means the j£ws
@@glennoropeza3545 the richest must be the ursula von der la hyena
Depends tbh
@@GePalladiumor some of the Hampel coalition, who 100% take money from cartels so they can smuggle in more immigrants, even more drugs and steal even kore children for tiny hat cultists elite billionaires.
And keep that exit form (yes, these are a real thing), they ask you for it when you renew your passport.
Why? Which passport?
And exit tax..
That's true, I live in Italy and that happens also to me.
France and Germany are pretty much fully stagnant. It’s why countries like Ireland and Poland are growing faster and the economic centre of Europe is shifting eastwards.
Edit: I seem to have rustled some jimmies with this one. I did mean to say Estonia, not Ireland, my mistake. As for citations I used the IMF figures for growth. Which show that Germany and France had 0.2% and 0.7% growth respectively compared to Polands 3.5% and Estonia's 2.2%. The more business friendly and well ran systems coming out of the former eastern bloc are proving to be effective and will slowly outcompete the traditional powers. This doesnt mean Poland will be the number 1 economy any time soon but the economic centre of Europe is shifting, like it or lump it.
Sources?
Go find some
@googoogaagaayt Germany, actually. All of their economic indicators are stagnant, and they're the only G7 country to have seen their economy shrink in 2022.
Unlike their 2000-2010 GDP growth of 1.45 trillion USD, their 2010-2020 growth was only 0.49. Even after their covid recovery, the economy is still shrinking, and GDP per capita is falling.
This is compared to Ireland and Poland whose GDP has doubled from 2010-2020.
TL:DR German economy shrinking, actively in recession, World bank is source.
They also get a dozen more holidays a year and a month a vacation for any job and can actually retire comfortably without being rich , and every other person isn’t disgustingly fat which is nice
Growth doesnt mean anything, india or any third world country is shit but grows fast lmao. Just means germany is already the best.
Never knew i could learn so much about a country in youtube comments
Same
Hi there, I am from the United States. When I visited my family in Germany the first thing I noticed was the lack of small businesses.
Intentional deminished. Its a country for employees and puplic servants....well...all are servants here...😢
@@janglobus9384
So no small and medium business?
They probably exist. Just very difficult for them to survive in the long run@@astaloaf2113
Needed to open your eyes then. 55% of employees in Germany work in an SME. Germany is famous for having small specialised companies. Yes, there's some actual paperwork and regulation around companies but that does mean there's less people scamming everyone by opening a company on a Monday, doing shit work and closing down the company the next week.
@@AlexPantsFaceyeah, shit posting bout germany to say "morica is great". i think its more than 55%
Keep telling these stories bruder. Personally, I love seeing them.
I'm coming to Germany in August and starting my own business :) wish me luck.
Hope you will be my costumer soon ! :)
omg best of luck!
Thnx 😊
Don’t do it lol
What service ?
Don't do it word to the wise😂
Depends on the business you're opening. A company with private liability takes about 5 minutes to register and you can start operations on the same day. If you're starting a business with limited liability, then yes, there is more paperwork involved. It should be easier and companies or associations that help you with the paperwork shouldn't need to exist, but they do exist, so use them. Best you can do, is start as a private liabilty company, get the ball rolling and then make the switch to limited liability.
Hallo Jake when ball is rolling why change to limited company ?? Can you tell me the reason because I am new and wanna start a company
@@donflamingo5833 Because if everything goes to plan you'll be dealing with a lot more money, both in order volume as well as in expenses. Switching to limited liability means, that if something goes wrong, your personal assets are protected.
@@ItsJakeTheBrake thanks you very much I will keep it in my mind if I make it someday
4% margin? Is it real? In Indonesia, for FMCG distributors we just have 3% margins because of competition. But the population is so huge, so is the "sales volume". But Germany? With fewer population, we just have 4% margin?
@@aldoghifari5009 depends entirely on the product, your target market and where you are in the supply chain. Also depends on how much of your own production you are doing or who your suppliers are.
Im the UK, you can register a company in 5 minutes and it costs less than £15
🇬🇧 UKroid dystopia
U 🇬🇧 UKroid😂
You are joking, right?
Tell me you are joking.
@alzajeb7270 no I'm serious, honestly, all you need to do is give your details to the UK government department called companies house and pay a very small fee, mine was £13 when I registered my company about 4 or 5 years ago.
The catch is: this only really works if you adopt the model articles which are fine for a single director/shareholder, but not so great otherwise.
In Sweden you can start a small business without any registration, just report the accountancy summary in the yearly tax report. If you cant a company or register a business name it can be done online but you can actually start working before that is made. The registration is done on-line, costs 50-100 USD and takes a takes a few weeks. För a limited company one needs a bank statement about insertion of the start capital (shares). The bank might need more paperwork to open an account, than the authorities to register the business. For a small company he taxes are declared once a year, except the report for employee salaries/taxes/insurance which is monthly.
Businesses that handle food, drinks, healthcare, education etc need special licensing.
Das ist in Deutschland auch so. Das Video ist für Clicks. Er wird in USA auch scheitern.
Hiding money in their socks is likely more accurate than he thought.
More likely in Bavaria
@@HarunalRashide123Why tho? Moved to Munich recently, so i don't understand that reference)
“This is madnes!”
THIS IS SPARTA
😂😂😂😂
Greece after Germany asks for them to pay their debts
😂😂you wild
"Our forms will block out the sun"
No, this is Patrick.
The German Paper Industry has a strong Lobby.
You can register your company in less than few hours in Poland. You can do everything online
I had a little 1 man medical courier business a couple of years ago. All I needed was an LLC, insurance, and a reliable car! Now, I'm considering getting my CDL for more opportunities. America is amazing!
Greetings from the lone star state
'merica!
That's not really just an American thing. In the vast majority of modern countries it is just as easy to start a business. Here in the UK I can have a business up and running within 24 hours. Germany is the outlier, they just love making thing's far more difficult than they need to be.
If ur not black 😂😂😂...America is grand
@@crystalhairston9584 I'm grey. 👀
Only after moving to Germany I realized how easy and simple was it to do business and invest back in US. And taxes...oh yeah. Glad it took me just 1 year to figure that out. Hope the exit forms would not take me another year to fill...
You can start an incorporated company online in the States in about 15 minutes.
You can have an idea at 9am, have the company registered, logo created, website built, and e-commerce set up in around 2-3hrs total.
Need a physical space? Rent an office space in a day, and have shipping logistics set up 24-48 hours after that.
And just like that, you're in business with a company and selling a good or service.
And profit margin? Make it as much as you want.
This is a good way though to find truly resilient, disciplined people among the masses who will succeed in Germany.
Bureaucracy is one of the most difficult things in Germany. It's "necessary", but still drives everyone insane. When you get to the end, it's like you can't believe you are finally finished. It's like a mission 😂 😭
What makes it necessary if other countries can manage without bureaucracy that is as "involved" as Germany's? Is it cultural differences?
It's not even, it's actually considered actively harmful to the German economy and standard of living.
@@meme-ohgermans were taught it’s necessary, that’s why he says that. It’s not necessary
Still following orders?
Sorry, I had to say. Soft words are not helping someone realize the truth.
But is it worse than Canada?
Its crazy how in Georgia for over 15 years now you can get all the legal documents and register a company within 2 days. And most of it done online if not the one window principle is in work when you go to a justice house and everything is being prepared for you in matter of minutes
Economic freedom is really important for a nation to prosper.
Germans are not very IT-minded, paper is still in use and many still use cash. In Denmark you can get VAT numbers and incorporate immediately.
Germany and Denmark have highly competitive, transparent and professional business environments. You can’t expect to easily find business opportunities not used by others. Holes in markets are quickly filled.
This may be true for full time companies. Side hassles are rather easy and well supported by the government. I have one myself. My family does landscaping and stuff. Registering that was easy and we bought some starting equipment and it's going well.
In Canada back in 2008, I applied online on a Friday morning to register a corporation at the federal level. I was expecting the process to take a few days. I checked my email later that afternoon and had a flood of emails come in with the registration completed.
In Canada, how?
In Italy all you hear is “Germany is faster, Germany is better”. I guess more or less is the same everywhere
Germany is the most misunderstood place in Europe. People think it is: efficient, high-tech, rich, and that everything works well. Yet, all this couldn’t be farther away from the truth.
I often wonder why people want to come live here. It’s insane!
Ma alla fine noi in Italia (parlo per il nord) stiamo messi meglio della Francia e della Germania solo che la gente parla senza informarsi/andare a vivere in quei paesi
Anche dai commenti dei tedeschi li sono molto indietro con la tecnologia rispetto a noi
@@Cookie.846 esatto! ci si lamenta a vanvera e non si considera abbastanza quello che si ha
@@paoloberlanda8978What do you have Is BIG debt and Thats the reason why you are "rich"
Reminds me of Romania. Something as simple as one single sick day requires a doctor's note (concediu medical). To get that note, you first need a certification from HR of how many sick days you've had so far (adeverinta de zilele medicale).
Then you send this to the doctor. But not any random doctor -- no, it has to be your family doctor (medic de familie). Then you must go to the clinic and pick up the physical doctor's note and schlepp it to your HR dept. Really fun if you've a WFH job. And don't expect to be paid for the time spent on the road. Best case they'll dock your pay, worst case they'll make you recup the hours. Which will be fun, seeing as the workday is already 9 hours long.
And all this just for a stinking sick day. I don't even want to think about the hoops for starting a business.....
Same in Czechia, I guess state employees travels to Germany to learn it.
I laughed so hard at this😂😂😂😂
Me still learning german: All these sophisticated words on every piece of paperwork is so confusing, I don't even know what they actually mean.
My German boss: (takes a look). Nope, I don't understand it either.
Yes. 32 years in Germany and the so called "Beamtendeutsch" or "beaurocrat german" is still an absolute mystery to me.
Don't worry, even as a German it's really hard to get the meaning of all that "Beamtendeutsch"...
When you stayed here for 10 years do not forget the „Wegzugsbesteuerung“ and „Entstrickung“
I CAN confirm that you need a dedicated shelf just for those papers
The last word “oh wait I still have to fill out the exit for got me rolling very 😂😂😂😂
That was exactly my experience 😂, I love Germany, but I moved to the US in 2021 after 7 years of staying.
I remember at the end they told me you have to fill out the forms of Abmeldung😅
Sounds like Canada . Also when you leave Canada you have to pay a HOSTAGE TAX . Otherwise known as a exit tax on all your assets except your pension and house sale. The house sale exception will soon be gone as well.
I've been running a mechanic shop in Canada for a little under 5 years now.
Took me less than a week to get things up and running.
It's really not that hard.
My month end reconciliation with the bookeeper is a bigger headache than starting a business was.
@@Daniel-Goodfeather Glad you have had a positive experience. I wish you all the best.
@@natcalverley4344You can start a business in Canada in week if you don't repatriate funds, a day if you're Canadian.
That's actually a pretty great way to deal with the threat of tax flight that the rich use to influence politics.
@@PlattyGems You assumes it i
Only effects the rich.
Am I rich because my wife and I worked our asses off owning a business that employed 14 support staff and I had a full time job that I worked 60 hours a week at as well.
Bite me !
We raised 3 productive members of society and paid our debts. My company pension pays me $1300 per month . We have RRSP’s that we scrimped and saved for and the equity in our house.
Successive governments of both stripes in our country have made our medical system so expensive and so inefficient that people are dying on waiting lists in Canada for a system we have paid for and we are punished when we go abroad for private healthcare.
As a legal gun owner in Canada my private property rights have bern violated countless times by the government to create the illusion of saftey for the ignorant masses.
Our public schools and universities have become socialist indoctrination centres rather than fostering critical thinkers.
In short I want out ! The capital gains the government wants to charge me on my assets that I have already paid tax on with already taxed money is triple taxation.
My family served this country for four generations to see it degrade into a socialist , debt ridden totalitarian state run by unelected socialist bureaucrat’s.
Short of taking up arms against my own country which is treason our only option is to take it up the ass on the way out.
I have no use for my country and will pay the exit tax begrudgingly on the way out.
I started an LLC here in the states and I was done within 30m and the business was official within 5 days - and 2 of those days were the weekend lol. I had all of my offical documents within a week after that.
Even after we've reached past our solar system, it seems nothing can make bureaucracy any faster.
Richest country in Europe? 😂😂 salaries in Norway and Luxembourg and Monaco are double that in Germany bro 😂😂
Also, the BIP doesn't tell anything about the wealth and well-being of the individual. Rather does home-ownership. And the DACH-region has the lowest rates of it in Europe.
Switzerland is also in Europe
One oil rich country and two micro nations. Sure that’s a fair comparison.
Richest full-sized country in the EU.
He means rich in terms of size not per capita mate 😂😂
Meanwhile in Indonesia:
So, 8 paper, one tax payment, and there you go....
Filling the paper probably took a few days. Around a work week if smooth, around a day if you bribe enough
Indonesia is known to the World as one of the highest corruption in southeast asia.
Thats why you always read newspaper reported international, MNC, big corporations choose to make investment in Malaysia instead of Indonesia.
@@astaloaf2113 bruh, MNC is already monopolizing Indonesia
@@literallyhuman5990
They're a lot MNC in Malaysia than in Indonesia.
Intel, Amd, Texas Instruments, Microsoft, Tesla, Facebook, amazon, wipro, tata, Novartis, IKEA , Apple with their first Apple Store, BASF, First Solar, Braun, Spirit Aerospace, Nestle, Schlumberger, Western Digital, IBM, Osram, Dutch Lady, Shell, ExxonMobil, Petron, Siemens, Google Malaysia, Infineon, Micron, NXP, Jabil, Foxconn, Flex, Broadcom, and a lot more other semiconductor MNC companies.
If you apply for anything the processing takes 8 weeks. Make sure you made copies of all required documents and send it through registered post. If u used the internet, it would take much longer. The funny thing is, if you get the priveleged and that benefit approved, some are just for 6 months and you have to renew. Filled up same forms, copied same forms and submit whatever they wanted to know about you.😂 Many think life in Germany is better but if you live here for more than 10 yrs., you will know how it is.
Present :Oh wait "I still have to fill out this exit form"
One eternity later : I'm not finished yet.
Germany: We have always done this way, if you don't like it then you are free to leave 😂
Maybe it since you are a German you can help a foreigner to open one
I used to get that answer in the Army when questioning something that made no sense.
Also Germany: Throwing money at "refugees" who have many kids and don't work a single day
@@ErsSoj those are the tiny hats in the government
@@ErsSoj one time without bringing up imigrants: impossible
Complex bureaucracy is a obstacle to progress of the economy. And the blow for micro enterprises. Also negative to innovations. Only medium and large companies can manage with bureaucracy.
No wonder when all of it is installed by civil servants and employees who have absolute no clue in being an entrepreneur and what that means for the success and well-being of a country. This is one reason why I think entrepreneurship should play a major role in our education system.
that's the intention since 1860
Facts. 13 years music and club business left with 300 bucks.
You left with a lot of experience. I would never go back to that backward ...hole
Here in colombia you dont even ask permission to the government to open your store unless you get very very big 😂😂
Or you just go to an empty corner in the street and sell arepas or empanadas
Most 3rd world countries nothing new
I mean, I just got back home from visiting my grandma in NY, and most of my family on that side are all very upset from how the economy is going here because of the high corporate profit margins. It sounds like Germany is good at that kind of slow, healthy business that takes its time and respects how much people need
Not really.
@@amerubix185
So please explain in detail why you think not ?
@@astaloaf2113 Everything is too slow and too complicated. You can make many mistakes in the bureaucratic jungle, which is a digitalisation desert on top. Not quite exactly the best place for start-ups. Apart from that our current economic policy is nothing less than a catastrophe. Our minister for economic affairs has not the slightest clue about economy. Was a children's book author before and bullies us with his ideologic ideas. Energy prices are through the roof, despite many companies didn't even have fully recovered after the covid crisis. And that's only one reason why many SMEs are heavily struggling at the moment. Germany is not what it was anymore and I am afraid of the times to come.
a lot of the paperwork is not because it’s needed. like in the US large companies lobby the government well.
German companies have created a business environment where starting a business is near impossible regardless of if the product is better.
starting takes a lot of money, and the investor pool is near non-existent. vs the US where small businesses have a much easier time getting started with investment.
Germany is better than the US on average if you want to be a salary worker, but if you want to make something yourself go to the US
edit: to clarify, old German businesses lobby to make new companies harder to create for the sole purpose of maintaining their monopolies. most large German businesses are privately owned by families dating back to the second world war. it stifles innovation but at this point it is what it is
I think the worst part about living in Germany, is living in Germany
You have no idea how the world works
Wow, you seem to really know how the world works.
So far I havent found a country which is better than Germany...
@@CodeAndSuccess USA, USA, USA 💪🏻🔥🇺🇸🦅🦅
Then why is the whole world contantly coming here??
the exit paperwork is like those video games where they repeat all the quests again in order to face the last boss.
That would drive me crazy. I’m in New Zealand and it takes me like less than a day to start a business
There's nothing positive about the german bureaucracy. I remember there's a youtube video where one young government employee said: Now I feel like I'm someone better.... after passing the entrance exam.
I felt threatened when I had my business in Germany, I'm now in Asia - for over 10 years not a single letter like I received it from the German authorities back then... I focus on my business and that's it.
As a German I can only feel sorry for your experience. It's a shame what is happening in this country. Performers are not welcome here
Performers ?
@@nnamggiFellauQrDDeutschland ist am Ende
I love how the way he speaking is changing over time😂😂
What some of the viewers missed :
His business survived first year, 5th year, and reached 9th year before closing.
Explanation : some new businesses closes before completing their first year, only 20% reaches fifth year. By reaching 9th year, his profit is "good" and drive is almost inexhaustible.
When he said "the richest country in the Europ " I choked on my coffee😅
By total GDP, but not per capita, sadly.
@@ImaskarDono and not even proper infrastructure... nor the retired people can live decently
Funny how we are the richest and mightiest country in Europe
@@Humanprototype-wh8qr still richer and mor influencial than you
The richest country in Europe is in the Middle East it’s the European county of isreal it’s in the Middle East but all the mythology native people are euopean
First letters i received in germoney was religion paper, and that radio tax lol
That zdf tax ?
@@nonijoshi1082 Pretty sure you have to pay tax first, before you can pay that tax.
@@Gerbrandt0245 Unfortunately, no. They don't even care if you have any income at all. When I was a student living off a small allowance from my parents in a tiny apartment, struggling to make ends meet, I had to pay this Beitrag. Later when I was unemployed for a while I had to pay it as well.
And now that I run a business I have to pay twice - for my home and for my businees.
Hiding it in thier socks ❌
Investing it into stocks✅
One of the few good things about America (that can also be a bad thing when abused) is that I can go online to my state’s website and register a business within an hour, and have an EIN the next day, and let clients in the door that same day. I mean, I don’t have a business that really works like that, I just teach music lessons, but starting my LLC took a few clicks and a few bucks and I still have it, no fees or anything.