I think whether to incorporate early or not depends more not on revenue but on risks of being financially liable. In other words, if it's a straightforward serv

I think whether to incorporate early or not depends more not on revenue but on risks of being financially liable. In other words, if it's a straightforward service or product you are going to deliver with your collaborator and you cannot imagine a massive debt or litigation, or explicit contract that deems you liable for a potential financial loss of your customer due to using your product or service — then incorporating can be an extra burden.