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Why you might not want to incorporate in the USA

thenitai.com

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Re: Why you might not want to incorporate in the USA

#61

Post by mjolk »

CalRobert wrote: post #39

I really don't understand this fetishization of the US for business. If you want to be sued into utter oblivion and live on the streets with a nonexistent social safety net I guess it's all right. I'm in Ireland and if you want to start a real business (not some rinkydink app that mysteriously needs €30 million in funding so you can fail more spectacularly) the climate seems quite good.

>I really don't understand this fetishization of the US for business.

The USA is a huge market.

> If you want to be sued into utter oblivion and live on the streets with a nonexistent social safety net I guess it's all right.

Oh come on. This is ridiculous even for hyperbole.

Re: Why you might not want to incorporate in the USA

#62

Post by mjolk »

shadowmint wrote: post #26
mjolk wrote: post #18

> All of a sudden, we were forced to figure out, how much we actually sold in each of those states, where we hired people Not to be offensive, but differences in state rules should have been expected, given the name of the country. How hard do you think it would be to get a random sample of 50 people to decide on a movie? Now swap people with territories and movie with governance. This blog post is just ranting and w…

oh come on, if you're going to be a jerk just do it, don't fill your post with trite crap like 'not to be offensive, but...'

It was softening it so the reader would know that I'm not trying to be obtuse. Part of language is communicating meaning, not just trying to get a string of words together.

None of that was being a jerk.

Re: Why you might not want to incorporate in the USA

#63

Post by mjolk »

vacri wrote: post #40
mjolk wrote: post #18

> All of a sudden, we were forced to figure out, how much we actually sold in each of those states, where we hired people Not to be offensive, but differences in state rules should have been expected, given the name of the country. How hard do you think it would be to get a random sample of 50 people to decide on a movie? Now swap people with territories and movie with governance. This blog post is just ranting and w…

differences in state rules should have been expected, given the name of the country 'United'?

And yet there's a star for each state and stripes to denote the original handful.

We have federal laws and state laws to accommodate regional preferences.

Re: Why you might not want to incorporate in the USA

#64

Post by josefresco »

jdimov wrote: post #2

Spot-on. Also, don't get me started on mobile internet and broadband. Every time I go to America it's like going to a 3rd world country.

Care to fill us in with details to go along with your snark? Which part of 3rd world America did you visit? Anecdotally I enjoy decently fast broadband and mobile data coverage.

Re: Why you might not want to incorporate in the USA

#65

Post by hackerboos »

workhere-io wrote: post #59
mamcx wrote: post #53

My biggest hurle is payments processors. Everything good work in USA (think stripe). So, if not USA, when? That make possible to be in latinamerica but be incorporate elsewhere?

https://www.braintreepayments.com is just as easy as Stripe to use, and can be used in Denmark and other European countries right now. Stripe is coming to Denmark soon and is already in several other European countries. I don't see the problem?

Braintree is actually better for international companies as forex doesn't incur extra charges like it does with Stripe.

Re: Why you might not want to incorporate in the USA

#66

Post by mjolk »

alexeisadeski3 wrote: post #41

Whilst I do not wish the hell that is American business regulation on anyone, I am at least happy to see some Europeans realizing that America does in fact have more onerous regulation, all things considered, than nice nations like Denmark. Scott Sumner of Bentley University, in Boston, has written on this topic quite a bit. Sumner, in fact, considers Denmark the most free market oriented non-postage-stamp nation on…

>"than nice nations like Denmark."

Qualify what you mean by "nice."

Re: Why you might not want to incorporate in the USA

#67

Post by nitai »

yardie wrote: post #3

* You could have saved yourself a load of headache and incorporate in Delaware. * If you don't have a physical office in each state you don't have a presence there. You shouldn't have needed to pay sales tax. Amazon only pays taxes in states they have a physical presence (warehouse, office, callcenter).

We got a professional CPA and lawyers on this. In the US it is such that when you hire someone (remote work) and he lives in, e.g. Philadelphia, you have to "incorporate" in that state.

This is not the case in every state, but in some.

Re: Why you might not want to incorporate in the USA

#68

Post by cubancigar11 »

jdimov wrote: post #2

Spot-on. Also, don't get me started on mobile internet and broadband. Every time I go to America it's like going to a 3rd world country.

I just want to pitch in saying that India has faster and cheaper internet than San Jose. Sad, true and 'WTF' unbelievable.

Re: Why you might not want to incorporate in the USA

#69

Post by mhurron »

vacri wrote: post #40
mjolk wrote: post #18

> All of a sudden, we were forced to figure out, how much we actually sold in each of those states, where we hired people Not to be offensive, but differences in state rules should have been expected, given the name of the country. How hard do you think it would be to get a random sample of 50 people to decide on a movie? Now swap people with territories and movie with governance. This blog post is just ranting and w…

differences in state rules should have been expected, given the name of the country 'United'?

It's only united in war. Other than that it each state, county and municipality is run like it's own little fiefdom.

Re: Why you might not want to incorporate in the USA

#70

Post by hackerboos »

CalRobert wrote: post #39

I really don't understand this fetishization of the US for business. If you want to be sued into utter oblivion and live on the streets with a nonexistent social safety net I guess it's all right. I'm in Ireland and if you want to start a real business (not some rinkydink app that mysteriously needs €30 million in funding so you can fail more spectacularly) the climate seems quite good.

Capital. Capital. Capital.

The US has investors, angels and funds that are willing to take chances and put money into startups.

You simply don't have that here in Europe.

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