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Maybe. But maybe not. I started my startup in Canada and still incorporated in Delaware. Very glad I did.
by cmer 15y ago
Maybe. But maybe not. I started my startup in Canada and still incorporated in Delaware. Very glad I did.
- gawker 15y agoI would love to hear more about your experience! I'm interesting in doing a startup in Canada but I'm not sure about the whole legal issues.
- cmer 15y agoI gave a talk a couple of years ago where I discussed what we did. See slide 77+ here: http://www.slideshare.net/cmercier/how-i-founded-bootstrapped-grew-and-sold-my-web-startups-meshu-2009 http://www.slideshare.net/cmercier/how-i-founded-bootstrappe... Let me know if you have more questions!
- cmer 15y agoI just published something on my blog about the whole setup and experience. Let me know if it helps! http://news.ycombinator.com/item?id=2935970 http://news.ycombinator.com/item?id=2935970
- bemmu 15y agoSounds like hours of pondering about international tax issues would follow this decision? I have a sole proprietorship in Finland. Sometimes I've given thought to having this type of standard corp in US, as if I have another hit Facebook app or whatever it seems like it would make me an easier entity for others to deal with. Apart from the tax issues, I worry about having to pay an US lawyer high US wages for advice / set up fees. Maybe I'm starting to believe all the news stories too much, but doesn't being incorporated in US also make you much more likely to be the target of some frivolous patent / other lawsuit?