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tptacekHNSource author
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Since this is purely about ownership structure and equity governing law, I'm curious what the …

… Since this is purely about ownership structure and equity governing law, I'm curious what the intersection you're seeing between these terms and "labour rights" are. We're a US company with employees in Europe (not even an HQ in Europe, just employees there), and I've learned more about European labor law idiosyncracies over the last few years than over the whole rest of my career, because I've had to.

Original discussionY Combinator website no longer lists Canada as a country it invests in144 source comments · at import
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1A
1atticeHN

Somewhat. Our provinces have fewer rights, powers and responsibilities than US states. The experience is more homogenous. It's only a nightmare if you hate all taxes and labour rights. So, you know, YC

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GU
gucci-on-fleekHN

> You can still run a company from Canada under these terms, the same way every international YC batch company runs Having a Canada-registered company is usually required to get government grants and loans from Canadian banks, although that's probably not very important to VC-backed companies. There are also some tax advantages to running a Canada-registered company if you're based out of Canada, plus it's much easier to find a local professionals (lawyers, accountants, etc.) familiar with Canadian corporations than US corporations. None of these issues should cause too many problems, but if given a choice, as a Canadian I'd certainly prefer to run a Canada-registered company over a US-registered one.

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RA
ragallHN

> We're a US company with employees in Europe (not even an HQ in Europe, just employees there) I don't think that's true. You can't have employees without a local subsidiary. If you're going through an EOR agency, they're contractors not employees.

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