Starting a Small Business in Europe

A person that is tired of all the bureaucracy involved with being an entrepreneur in the United States may wish to look at opening a business in Europe where the environment is more friendly for small business owners. At this website, there will be a plethora of information about how starting a business works across the Atlantic Ocean and how it differs from the more recognizable American counterpart. In particular, the articles and information provided at this website look at the Europe markets in terms of the financing and tax structure that they offer to a small business Europe owner.

Similar to the United States business in Europe recognizes the importance of smaller entities. For this reason there is a large amount of financing available for companies that are small to medium sized. The SME financing options in the eastern countries of the continent and the former Soviet bloc represent strong opportunities where a large amount of financing comes from wealthier countries of the EU, such as Germany and France. In these more developing countries, like Romania and Bulgaria, there are many types of companies that have not yet appeared and starting a business could result in a monopoly for a few years until new competition arrives.

As far as the Europe tax structure goes, it does vary from country to country. Small business Europe owners in countries like Norway or Switzerland can expect that they will pay relatively high taxes while those in eastern countries will only pay a small fraction of the taxes for similar companies in the United States. Inside the EU, there is a standard tax that is called the Europe VAT, or value added tax, that works similar to a sales tax in that it is included with all goods and services. Each country in the EU has a different VAT rate for goods consumption. In depth analysis of the tax laws for a specific country should be done before starting a small business in any location.

The information presented by this website will help to prepare a person that is considering whether to open a business in Europe or not. While the level of profits can be much higher, there are also many other considerations, such as the levels of paperwork that will need to be dealt with and the need to get legal residency for opening a new company in some countries. In addition, a company owner that would like to make a product will need to analyze the distribution channels to get the product on the market in other countries on the continent. All of these topics will be addressed and an entrepreneur will be able to decide for themselves whether opening a business in Europe is right for them.