3 ms·
UK, USA and Singapore are the popular choices for this. UK is simple and cheaper, Singapore is a bit more expensive. I don’t see a reason to go USA route unless
by hakanderyal 3mo ago
UK, USA and Singapore are the popular choices for this. UK is simple and cheaper, Singapore is a bit more expensive. I don’t see a reason to go USA route unless you are seeking investment from there.
I’m using UK myself. It takes a few forms and half a day to get a working Wise/Stripe account.
- Onavo 3mo agoFinally somebody who knows their stuff. I never understood why people preferred Estonian incorporation given that it's almost certainly more expensive and less convenient than the other options.
- atlasunshrugged 3mo agoI think the main reason is to have a business incorporated within the EU if that's relevant for the person. Delaware is great, and UK filled this role until Brexit but after that if you needed an EU incorporated company it was a massive pain basically everywhere except Estonia which was relatively cheap and everyone in the industry speaks English
- Onavo 3mo agoYour username is cool
- atlasunshrugged 3mo agoHa, thank you!
- jvilalta 3mo agoThis is indeed the main reason for the question, and for the reasons you mention.
- victorbjorklund 3mo agoIts for sure over hyped but its not useless. Its nice that you can reinvest the profits within the company and only pay taxes on distribution (if this works of course depends on where the owner is. But at least in Sweden it works).
- jvilalta 3mo agoNone of those countries are in the EU, which is important for my use case.