Tell your story on the European obstacles to entrepreneurship and write to MEPs on the need for a real EU Inc here: euincomplete.eu/. To start Katalin Kariko, @TheRhineGroup member and Nobel winner for mRNA, and her daughter, shared their (nightmarish but typical) story of incorporating in Germany. Here it is in their words: "The process of establishing a German GmbH has been considerably more complex and administratively burdensome than establishing a comparable entity in the United States, and we have faced logistical challenges throughout the process. We first expressed interest in establishing a German entity in November of 2025 but were not able to complete the required corporate changes and obtain management and directorship until May 2026. Based on the advice of a German law firm specializing in biotechnology, we were advised that the fastest route would be to acquire an existing shelf company. A shelf company is a legally incorporated but inactive German company established specifically for subsequent acquisition and use by an operating business. Even using this expedited route, the process took several months. The ownership, articles, company name, registered office, business purpose, and management had to be changed from the shelf-company structure to Repeat Therapeutics GmbH. Those changes then had to be properly notarized and reflected in the Commercial Register. German law also required an updated shareholder list when the ownership changed. A German notary was responsible for authenticating the corporate actions and submitting the required filings to the competent Commercial Register. Because the owners/directors were outside Germany, documents, powers of attorney, signatures, and corporate authority had to satisfy German form requirements. In the US we had to arrange to go to a German consulate member to notarize forms at multiple stages in the process. Germany notary had to confirm to the commercial register that the share capital has been properly paid in. Even when we paid the share capital, we had to provide different proof of funds to even put the minimum balance in the bank. We were required to provide several different forms of evidence regarding the source and ownership of funds before we were permitted to contribute the company's required share capital. The company also had to complete or coordinate additional registrations and compliance requirements, including maintaining its shareholder information with the Commercial Register, identifying its beneficial owners through Germany's Transparency Register, establishing its German business address, completing tax and accounting registrations, and addressing local trade, payroll and employment requirements. Each of these required different documentation as well as scans of multiple forms of ID to provide proof of identity and residence. Many of the steps were also interdependent. We could not move to the next until we received the green light from the German law firm that they were ready for the next step. As a result, what might appear to be the simple establishment of a German subsidiary in practice required coordination among German corporate counsel, a German notary, the Commercial Register, German banking institutions, U.S. and German authentication processes, tax and accounting advisers, and multiple German regulatory and administrative bodies over a period of approximately six months." @patrickc @euinc_petition @andreasklinger