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Good guide. Here's a somewhat related question: I'm thinking of writing an iOS app. Should I register an LLC, or is launching it by myself OK?
by mlmonkey 11y ago
Good guide. Here's a somewhat related question: I'm thinking of writing an iOS app. Should I register an LLC, or is launching it by myself OK?
- adamwulf 11y agoGood question, that might be a good thing to add into the guide too. Here's a short take: From a tax perspective, they're the exact same. There won't be any difference in your tax rate at all between the two. So unless you need the added liability protection b/c you're working on something like a healthcare related app, then going w/ just your own name should be fine.
- shash 11y agoJust wanted to add, YMMV depending on where exactly you live.
- orand 11y agoIf you want to have a company name listed for your app on the App Store instead of your personal name, you'll need to create an LLC and register it for free with Dunn & Bradstreet, then create your developer account using that.
- jakobegger 11y agoI'd recommend to avoid as much bureaucracy as possible and launch with minimal effort. Don't waste time and money on things that aren't necessary. Especially as a single dev, the risks are usually very low and not worth the effort to set up a formal corporation. The major competitive advantage of a single founder is speed and agility; bureacracy slows you down.