Paperwork
I’ve been in the belief for quite some time that legal business paperwork is minimized in California to provide a less “hostile” business environment. I have recently found that this is not the case. No matter if you use a mediator or not, the amount of paperwork and energy required to fill a basic request is about the same as in European Union, if not more. Surprisingly, most of the forms are actually very similar to those in EU, and also similar to those in other states across the country, such as NV or DE. Processing times in CA are currently from about 20 to 100 times higher than anywhere else. The legal/stock advantages still prevail, though. On the fast route of moving a lot of cash across Atlantic to USA, I guess european lawyers and businessmen didn’t have enough time to tweak-out everything as they would prefer to nowadays.
