[poulsbohemian]

I mean - isn't this really just a choice between your citizenship, your country of residence, and your target market? Sure you can tie yourself (and your lawyer and accountant...) in knots trying to come up with the ultimate tax and legal strategies, but at the start up / early-stage phase, getting something to market and getting customer feedback (and reaching some kind of profitability...) feel like they are going to matter a lot more than saving a few ducats in taxes, for most businesses.