Ask HN: Why don't saas companies incorporate in countries with no corp. tax?

[winkv]

For small/one person internet based business which do not plan to take vc money it looks like a no brainer to incorporate a company where no corp. taxes are levied. What is the reason people prefer US for incorporation?

[sharemywin]

probably because the legal wrangling is complicated. also, most of the profits would get taxed once you bring them back home anyway.