I was once asked by a Ghanaian student at Princeton how long it took to become incorporated. "What? I don't know. A day, and month? Something like that?" "and

I was once asked by a Ghanaian student at Princeton how long it took to become incorporated. "What? I don't know. A day, and month? Something like that?" "and how much!?!" "Dunno. $150?" "My god -- I thought incorporation was the hardest thing." That's because in Ghana, it is. 3 years to get a permit! I suspect if you bribe the right people it would take only one year. But still -- a big advantage the US has in starting companies is that, somewhat tautologically, it is easy to.