>For example, in most countries you can't just start taking payments and call yourself a "sole proprietor." You could, if you wanted. The problem is that you c

>For example, in most countries you can't just start taking payments and call yourself a "sole proprietor." You could, if you wanted. The problem is that you can easily end up six or seven figures in debt if you fail. Having some sort of protection in the form of an LLC or GmbH is generally preferrable.