Building a company across Europe still means sitting on top of 27 different legal systems — so can “EU Inc,” the proposed 28th regime, finally be Europe’s Delaware? Nikolaus Bayer, deputy chairman of Business Angels Deutschland (BAND) and founder of IRIS Analytics (acquired by IBM), weighs the promise against the one thing investors price first: legal certainty.
Full article, links, and transcript:
Read the full episode notes on Startuprad.io
Why this episode matters: EU Inc could make Europe genuinely venture-compatible — €1 minimum capital, digital share transfers, SAFEs, 48-hour incorporation. But the hard part isn’t the rules; it’s trust, and that’s built case by case in national courts.
In this episode, we cover:
- What’s actually broken: 27 legal realities, notary visits, and months-long tax-ID waits
- The 28th regime explained: digital-only, “once only” data, and 48-hour incorporation
- Why Delaware works — and what EU Inc would need to copy
- Venture-compatible at last? €1 minimum capital, digital share transfers, and SAFEs
- The catch: legal certainty depends on national courts and slow-building precedent
- Politics and resistance — von der Leyen’s quick backing vs. the German notary lobby
Related episodes: Europe’s Hidden Growth Tax (Fragmentation) · EU Scale and the Reform of European Seed Funding.
Chapters
00:00 – Can EU Inc be Europe’s Delaware?
04:13 – The 28th regime: digital-only, once-only
07:33 – Notaries and the “in the room” rule
10:14 – Why Delaware became the standard
13:08 – The 48-hour incorporation promise
17:01 – Will EU Inc become the default?
28:43 – Legal certainty and national courts
32:20 – Venture-compatible: €1 capital and SAFEs
35:21 – Politics, von der Leyen, and the notary question
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