On Incorporation - Hold Off Until You Have The Cash To Spare

Re:On Incorporation - Hold Off Until You Have The Cash To Spare by jdietrich on Monday February 22, 2010 @04:30PM (#1143785)

I don't know what the situation is in the US, but here in the UK incorporation is so utterly trivial to do and offers such benefit that it is something of a no-brainer for any venture which has even the smallest risk of unexpected liabilities. Although you can spend hundreds of pounds on incorporation, you can just as easily do it for 25 quid.

The side benefits of incorporation can be significant. Many component manufacturers provide more resources to registered companies. Access to distributors and lines of credit is far better. Many potential customers won't even talk to you if you're not a registered company.

Maybe the OP needs a better lawyer, maybe the US needs better law, I don't know.

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Re:On Incorporation - Hold Off Until You Have The Cash To Spare by graham-miln on Monday February 22, 2010 @05:40PM (#1143955)

To provide an idea of just how easy it is to incorporate a limited liability company (Limited / co.uk) under English and Welsh law, visit Companies House:

http://www.companieshouse.gov.uk/infoAndGuide/companyRegistr...

http://www.companieshouse.gov.uk/

Impressively, they even offer same day incorporation.

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