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Q: is it necessary to incorporate a side project like this from the beginning ? I'm planning to found a company that will build several products. If one of the
by crucialfelix 13y ago
Q: is it necessary to incorporate a side project like this from the beginning ?
I'm planning to found a company that will build several products. If one of them achieves traction and revenue growth, I'm wondering if there are any issues in making it easily acquirable. I suppose shared code is an issue.
- toast0 13y agoIf you want it to be easily acquirable, the only thing that matters is simple ownership. If you as an individual own everything, there's no need to incorporate. You may want to incorporate for tax, liability, or employment reasons, of course; but you can usually wait for those to be a real issue (income tax treatment isn't a huge deal if you have no income)