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Kommentar: Der teure Weg der Gründerszene zurück aus Delaware

Codesphere und Langdock haben ihren Rechtssitz von den USA nach Deutschland zurückverlegt. Was andere Gründer davon abhält – und welche Lösung Brüssel gerade verhandelt.

Kommentar: Der teure Weg der Gründerszene zurück aus Delaware

Elias Schneider is confident he made the right decision. Earlier this year, he moved the legal base of his AI company Codesphere from the USA to Germany. The move, known in the industry as a 'Reverse Flip', aims to strengthen Codesphere's presence in Europe and make it easier to secure European contracts. The 'Reverse Flip' seems to be a growing trend, according to Schneider.

"The Reverse Flip is absolutely a trend," he says. Indeed, more founders are consulting lawyers about the costly relocation to Germany. "That's partly because conditions in the US market have deteriorated for some startups." And partly because some tenders offer a clear advantage with a European legal base. However, the Reverse Flip is no automatic process with high associated costs and effort.

Most in the sector consider it an exception, as the USA still offers more venture capital, risk-taking, a unified market, and greater liquidity. And the Societas Europaea (SE), which firms switch to during a Reverse Flip, still has some disadvantages compared to the "Delaware Inc." and is only suitable for larger companies.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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