Hi,
Background: I'm looking for a city and country in Europe which pairs access to talents and a solid legal framework for running a bigger business (online matters). Because of tax regulations I need to be myself present in that country to manage the business. Otherwise tax can get complicated and messy if it's not clear for the tax authorities from where the business is managed, the typical nomad stuff won't work here. So basically, I am looking for a place where I will fully relocate in the future. And because of this, I also want to enjoy my time in the new place, so talent access should be considered plus general quality of living and infrastructure. Close proximity to other central European countries is a must.
To give you some examples (and these are just my thoughts, you are welcome to correct we if I am wrong):
London:
+ has a great and internationally known legal framework with the UK Ltd (also low regulation)
+ has super cheap flights from everywhere in Europe
+ English is the official language and thus, you are fully independent (don't need translators or anything)
o Cost of labor is not low but still ok
- but is super expensive to live there
- acquiring talents is probably harder than in EE
Warsaw (or any other city in Poland)
+ Cost of labor is very attractive
+ Labor has Good education
+ Talents
+ Overall living costs great
+ Central location easy to get there from other countries
- English is not the official language
- Legal framework around the sp z.o.o (?) seems to be more regulated than the UK one
- slight corruption (?)
Hong Kong:
+ excellent and low regulated legal environment for running a business
- too far away from Europe
Tallinn:
+ Talent?
+ Most contracts can be held in English
+ Cost of labour low
- a bit far off (4h from central Europe)
- legal environment rather regulated
Kiew:
+ Cost of labor is super attractive
+ Labor has ok education
+++ Talents
+++ Overall living costs great
- General infrastructure like Internet access and transport might be worse
- Not so easy to get there, longer flights
- English is not the official language, local language is hard, strong dependancy to local legals
- Legal framework (?)
- corruption (?)
You see that London is perfect from a business perspective and Kiew is perfect from a talent perspective.
Please share your thoughts and better alternatives which offer a better balance.
Background: I'm looking for a city and country in Europe which pairs access to talents and a solid legal framework for running a bigger business (online matters). Because of tax regulations I need to be myself present in that country to manage the business. Otherwise tax can get complicated and messy if it's not clear for the tax authorities from where the business is managed, the typical nomad stuff won't work here. So basically, I am looking for a place where I will fully relocate in the future. And because of this, I also want to enjoy my time in the new place, so talent access should be considered plus general quality of living and infrastructure. Close proximity to other central European countries is a must.
To give you some examples (and these are just my thoughts, you are welcome to correct we if I am wrong):
London:
+ has a great and internationally known legal framework with the UK Ltd (also low regulation)
+ has super cheap flights from everywhere in Europe
+ English is the official language and thus, you are fully independent (don't need translators or anything)
o Cost of labor is not low but still ok
- but is super expensive to live there
- acquiring talents is probably harder than in EE
Warsaw (or any other city in Poland)
+ Cost of labor is very attractive
+ Labor has Good education
+ Talents
+ Overall living costs great
+ Central location easy to get there from other countries
- English is not the official language
- Legal framework around the sp z.o.o (?) seems to be more regulated than the UK one
- slight corruption (?)
Hong Kong:
+ excellent and low regulated legal environment for running a business
- too far away from Europe
Tallinn:
+ Talent?
+ Most contracts can be held in English
+ Cost of labour low
- a bit far off (4h from central Europe)
- legal environment rather regulated
Kiew:
+ Cost of labor is super attractive
+ Labor has ok education
+++ Talents
+++ Overall living costs great
- General infrastructure like Internet access and transport might be worse
- Not so easy to get there, longer flights
- English is not the official language, local language is hard, strong dependancy to local legals
- Legal framework (?)
- corruption (?)
You see that London is perfect from a business perspective and Kiew is perfect from a talent perspective.
Please share your thoughts and better alternatives which offer a better balance.