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I don't think that should be the incorporation motive, unless you already have a prospect of having investors. When you're starting a business/service, all you

I don't think that should be the incorporation motive, unless you already have a prospect of having investors. When you're starting a business/service, all you want is to be able to have income and to have such a legal protection that incorporation offers. Once you get to the point that you're profitable and that investors might come, I don't think it's a problem to re-incorporate... I'm all for local incorporation, but only when it's possible/feasable. In my own case, local incorporation would render me unable to process online payments unless I have a yearly profit of at least 50K EUR, which I cannot have at all unless I'm able to process online payments :)

brudgers 13y ago
Smoothing out transactions sounds like a good reason to look at incorporating elsewhere particularly if the overhead of international payment processing can be kept to a manageable level. In the US, there are multiple forms of limited liability businesses some of which are not corporations and several forms of incorporation. That was the context of my response not the suggestion that limiting liability should be avoided. Good luck.