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by dear
4965 days ago
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That is a question I have. At what stage should a company (limited or unlimited) be formed for a startup? If there is no company I believe you would have to do business with your own name, which doesn't look professional. All incomes and expenses would be treated as personal income/exp. |
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That said, until you launch, hire employees, have a cofounder, raising money, etc... no one is going to know you really exist and the "looking" professional or whatever is non-existant, nor do most early adopters really care or think that way.
The reason most people advise (including really good attorneys) to put off incorporating until you actually need it is basically to save you money and avoid having to undo, amend, or fix anything.
Hope that help better answer the question.