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by kamaal 4611 days ago
>>Pretty similar to how things are here in the US

Would like to know more about this. Are there same kind of bureaucratic hassles in US too?

I thought in some states like Delaware the taxes are too low and therefore makes sense to start up there. I've also heard similar things about Singapore.

I've never traveled outside India, and would love to know more about things in the US.

2 comments

Companies are incorporated in Delaware because its corporate law and legal precedent are so well defined (and business friendly). Taxes aren't the sole concern, predictability is just as important.
> Would like to know more about this. Are there same kind of bureaucratic hassles in US too?

There is certainly bureaucracy in the US, but it would appear that it's worse in India:

http://doingbusiness.org/rankings