128 karma · joined July 16, 2020
Annual admin costs very much depend on how complex the business is, no? The primary recurring obligation for a UG is the mandatory retention of 25% of annual net profits until the share capital reaches €25k, enabling tax-neutral conversion to a GmbH.
What I could think of for UG with idea on converting to GmbH, you could have:
- UG setup cost (fairly low compared to GmbH)
- UG/GmbH accounting & tax compliance
- Commercial register updates
- Notary fees for structural changes, and eventually the conversion process
Test Results on Temu Products - Consumer groups tested various items sold on Temu, uncovering multiple safety failures. Full report here: [1]
There is also an ongoing investigation related to Temu violating the Digital Services Act (DSA) by failing to protect consumers and prevent deceptive practices. [2]
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[0]: https://www.beuc.eu/press-releases/gaping-holes-safety-produ...
[1]: https://www.beuc.eu/sites/default/files/publications/BEUC-X-...
Previously on HN (1076 points, 5 months ago, 360 comments)
So in short: legal safety and following the German law [1].
That's why German based companies include "all genders" or "m/f/d" in their job listings.
[0]. https://www.bundesverfassungsgericht.de/SharedDocs/Pressemit...
[1].https://de.wikipedia.org/wiki/Allgemeines_Gleichbehandlungsg...
[0]: http://www.perseus.tufts.edu/hopper/text?doc=Perseus:text:20...
[1]: https://pubmed.ncbi.nlm.nih.gov/27557747/ (Adrenal fatigue does not exist: a systematic review)
@nicbou Thanks for this, good quality content.
“In my view, shared by many blue-suiters, this marvelous airplane should still be operational but, alas, that was not to be. One of the most depressing moments in the history of the Skunk Works occurred on February 5, 1970, when we received a telegram from the Pentagon ordering us to destroy all the tooling for the Blackbird. All the molds, jigs, and forty thousand detail tools were cut up for scrap and sold off at seven cents a pound. Not only didn’t the government want to pay storage costs on the tooling, but it wanted to ensure that the Blackbird never would be built again. I thought at the time that this cost-cutting decision would be deeply regretted over the years by those responsible for the national security. That decision stopped production on the whole series of Mach 3 aircraft for the remainder of this century. It was just plain dumb.”
Ben R Rich and Leo Janos. “Skunk Works: A Personal Memoir of My Years at Lockheed”.
- Budget
Money goes to different departments. Some managers are better than others at winning internal bids.
- Regulations and internal policies
Big corp procedures can sink any request.
- Project
Consulting world. It's likely you get a lighter, shinier and faster machine if you’re going to spend lots of time at the client site.
- Migration procedure
At some companies the IT support can lack manpower to process high volume of migrations. I've seen this taking months.