Thanks for clearing that up - I can't stand people who think they are above the law. Here in France and Germany, this law is creating a lot of jobs too. I hope more laws like that in the future so that even more jobs can be created. I love the EU :-)
For jobs to be created (presumably in startups) , there must be startups first. Startups won't be started if you need to hire 1 full time accountant (for the VAT mess), 1 privacy person and 1 lawyer before you even lay down your idea. I get it that GDPR is creating some nice jobs these months, but it won't last long. I wonder if this guy would even make the app if he was in the EU today.
I am all for fair taxation and privacy, but the EU should start creating the mechanisms that make it easy and automatic for startups to comply with stringent requirements instead of leaving the burden upon them.
You don't need a 'full time accountant' for the VAT mess, I've been doing this for years (decades) and it took about 2500 euros / year / company for the full administrative burden, including payroll for up to 25 employees.
You don't need a privacy person either (I suspect you mean DPO), but you do need to know what you are doing.
> I am all for fair taxation and privacy, but the EU should start creating the mechanisms that make it easy and automatic for startups to comply with stringent requirements instead of leaving the burden upon them.
That I agree with, it can still be better. But VAT/MOSS took the sting out of the VAT reporting and the privacy law is entering a shake out period now and will also end up to be manageable.
the parent specificly refered to jobs being created for privacy officers or sth. i m replying to that. Also, the too many different VAT regimes can create a huge accounting mess if you are selling in many different EU countries, hence the existence of payment processors and relevant startups.
