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There are a lot of factors to consider. This is quite a good overview. https://nomadcapitalist.com/entrepreneurs/best-country-online-company-incorporation/ htt
by sjducb 4y ago
There are a lot of factors to consider. This is quite a good overview.
https://nomadcapitalist.com/entrepreneurs/best-country-online-company-incorporation/ https://nomadcapitalist.com/entrepreneurs/best-country-onlin...
Instinctively I would agree with the blog and say Georgia. Lithuania is a strong option too, especially if it's fintech.
However your most likely failure mode is that no-one uses your SAAS. I would just make it, start operating out of a personal bank account, then worry about registering it and making it official when youre making enough money that a taxman might care.
In my first company I wasted so much time registering trademarks and legal stuff. Really I should have just started selling, realized that the buisness model didn't work and failed faster.
- duncanphillips 4y agoReally interesting, I wasn't considering Eastern Europe. The article does a great job talking about a lot of the considerations, but I have a gut feeling that operating from a country where I'm not very familiar with their language and political stability will be harder in the long term. Its a good point on the trademarks and all the legal stuff, thanks.