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Incorporating a company is a trivial matter as far as bureaucratic exercises go. It's like the cover charge at the bar of bureaucratic suffering. Generally it
by newnewpdro 7y ago
Incorporating a company is a trivial matter as far as bureaucratic exercises go.
It's like the cover charge at the bar of bureaucratic suffering. Generally it's what follows that becomes painful, depending on the business you're in and how large/active/complicated it grows to be if at all.
I incorporated my first company as a teen, following instructions from a book in the local public library. I don't remember it requiring more than filling out and mailing some forms in.
- reaperducer 7y agoIt was more than a simple incorporation. There was also all of the associated tax filings and entities. For example, I doubt as a teen you set up any kind of worker's compensation payment system for your employees.
- newnewpdro 7y agoThe point is, you're not talking about getting a business license in a major city, or say... a liquor license, or like in TFA, a permit to be a newfangled e-scooter company - a context already embroiled in controversy. You're just doing rubber-stamp "so he/she wants to be a corporation and pay taxes and employment security overheads, quarterly filings, and give us opportunities to bring on the hurt in the future, Sure thing!" kind of crap.