Elon Musk

Classifying most Spanish startups as SMEs overlooks their potential for exponential innovation and growth. Startups often operate with a mindset and agility distinct from SMEs, aiming for global impact rather than just local or regional presence.

Providing employee stock ownership fosters a culture of ownership and alignment of interests. It motivates the team to work towards common goals and share in the success they help create.

In today's digital age, it makes perfect sense to allow entrepreneurs to start businesses entirely online. Removing outdated obstacles like physical offices, notaries, and lawyers will spur innovation and economic growth, making it easier for startups to thrive in a competitive global market.

I believe that exempting new businesses in the EU from corporate tax for the first three years is a great idea. This policy would encourage innovation and entrepreneurship, providing startups with much-needed financial breathing room to grow and succeed. Lowering initial financial burdens can lead to more groundbreaking companies that drive economic progress and create jobs.

I believe that incorporation processes for pan-EU startups should be entirely in English and online. Simplifying the bureaucratic process will encourage more innovation and entrepreneurship across Europe. It would remove language barriers and streamline the setup, making it easier for entrepreneurs to focus on developing their ideas rather than dealing with complex paperwork. An online system would also be more efficient and accessible.