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> His contrast of personal liability for entrepreneurs in Europe with the essential absence of any such liability in America is true.

In the UK an entrepreneur can set up a LTD company which limits personal liability.

The EU has had limited liability for traders since 1989.

(https://en.wikipedia.org/wiki/Limited_liability)

> In 1989, the European Union enacted its Twelfth Council Company Law Directive, requiring that member states make available legal structures for individuals to trade with limited liability. This was implemented in England and Wales by Statutory Instrument SI 1992/1699 which allowed single-member limited-liability companies.

This is just one small example of something which is factually incorrect. It's not a matter of opinion; it's not shades of grey; it's not one person's impressions of a country. A statement was made; that statement is wrong. There are many others in the original article.

Scattering these errors in an opinion piece gave it the feel of a shallow attack piece.

> His post is not directed towards Europeans. It is directed towards American entrepreneurs who are looking at Europe - and could come to Europe with vastly incorrect assumptions about what it means to start and run a business here.

They're definitely going to have vastly incorrect assumptions if they believe everything in that article!



In the UK an entrepreneur can set up a LTD company which limits personal liability.

Pedantically, the UK allowed limited liability companies for about 150 years. This is not a new thing.


Yes - and, very important when we talk about the EU, any EU citizen can set up a UK LTD company, if s/he wants to.

It is true that there still are many differences in legislation between EU countries, but the EU is gradually standardizing laws in many fields.




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