The working time required to finance the creation of a company is less in France than in Germany, according to the calculation of a financial comparison site.
This is a figure that gives all its relief to the French administrative and tax burden surrounding the creation of a business. The amount of time needed to pay to start a start-up varies greatly from one European country to another, the financial comparison site money.co.uk has calculated.
A British entrepreneur must work 1 hour and 21 minutes to earn the 11.70 pounds, or 14 euros, necessary to pay the costs of setting up his small company. A French person needs, for his part, 3 days and 4 minutes of work to pay his expenses, i.e. an average of 261 euros. Behind Great Britain, we find Denmark (6 hours and 6 minutes), Ireland (1 day, 1 hour and 47 minutes) or Romania (1 day, 7 hours and 3 minutes).
Read alsoLeaving your job to create your business: the right questions to ask yourself before starting
If we consider the 35 European countries in the running, France, in eighth position, is not so badly placed. Germany asks 650 euros, more than a week of work to its new entrepreneurs, against three in the Netherlands four in Belgium. At the end of the ranking, Italy charges its new entrepreneurs 3942 euros, which corresponds to 11 weeks and more than 4 days of work! The creation costs correspond to the minimum due to validate the launch of a small company in each country while the equivalent working time is obtained from the median net income, indicates the study, which uses data from the World Bank ( Doing Business) and those of Eurostat.