Going Global with Your Startup
One thing I would love to know more about is how European SAAS startups handle invoicing and taxes. Afaik the tax situation in Europe is super complicated and you have to charge the tax of the country the customer is from.I am in Europe and want to start a SAAS service that caters to individuals and small companies. I wonder if it is feasible to do so in Europe. Do I really have to ask each customer where he is based, if he is an individual or a company and then tax him accordingly? Do I have to create invoices?US based startups seem to simply not care. Even big companies don't. They just ask for your credit card number and thats it. For example I used Amazon Mechanical Turk recently to outsource some work. And there simply is no way to get an invoice from them.Do European startups have a big disadvantage in this regard or am I missing something?Are there services that abstract that away? Deal with all the invoicing and tax issues?