4 ms·
Oh, was hyped to read it until I realized it’s US-focused. Being a non-US citizen makes the US one of the last countries I’d incorporate in. Yes, there is a lot
by haarolean 3y ago
Oh, was hyped to read it until I realized it’s US-focused. Being a non-US citizen makes the US one of the last countries I’d incorporate in. Yes, there is a lot of services like Stripe Atlas which would be happy to incorporate you for $100-500, but usually they don’t even shed the light at all how you would do taxes. If you’re not a US citizen, that’s gonna be a huge pain in the ass. You either pay a lot of taxes or do shady funneling (like “I pay myself as another corporation in another country and leave $5 taxable in US to buy printer ink”).
I’m still looking for viable options to get incorporates somewhere to be able to use Stripe, but the US is a no-go for me.
- swampthing 3y agoYea, we try to make that clear with a notice at the top of every page. Sorry for the disappointment there. I sympathize — there are a lot of great startups and founders outside of the U.S. Unfortunately, the U.S. is the only place that has enough critical mass in terms of a startup ecosystem for the kind of standardization and resources you see here. And yes, you are completely correct that taxation is a concern. Our advice to founders from outside of the U.S. is always to consult an attorney. I understand why that's not what people want to hear, but the reality is that's just what it takes to do it correctly. Anything else is just wishful thinking. Kudos to you for realizing what a lot of others don't!