Opening a company in Estonia is very cheap but in Spain the manager/CEO needs to be an "autónomo" (like a self-employed tax status). This costs thousands of Euros per year. Something like 2,400-30,000 Euros per year, every year, forever.
The global ground is even less common. In that sense it's ironic to talk about this as if it's an EU issue. Non-EU/US countries are all completely separate. The EU has much more common ground amongst each other than the other 170 or so countries that aren't EU/US; in that sense, it's an advantage for EU startups compared to startups from the other 170 countries that aren't the US. Yet it gets positioned as this unique EU disadvantage, as "the reason why EU startups are 'behind'".
Opening a company in Estonia is very cheap but in Spain the manager/CEO needs to be an "autónomo" (like a self-employed tax status). This costs thousands of Euros per year. Something like 2,400-30,000 Euros per year, every year, forever.