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Re:Estonia, the Digital Republic by superplussed on Monday December 11, 2017 @02:34PM (#15899617)
What are the advantages over using Stripe Atlas and having a US Delaware C Corp for $500?
Re:Estonia, the Digital Republic by fijal on Monday December 11, 2017 @02:47PM (#15899734)
I tried to sign up for stripe atlas in beta and they didn't want me :)

More seriously - owning shares in us companies create scary tax implications that require some advice when having us clients. US banking system is stuck is in the 1800s and dealing with it is a very serious pain. US legal system, unlike European is very unfriendly for individuals - its just infeasible to do stuff yourself on a shoestring budget, without hiring professionals.

Re:Estonia, the Digital Republic by r00fus on Monday December 11, 2017 @08:00PM (#15902237)
> US banking system is stuck is in the 1800s

As someone who has to work integrating to banks, yeah this is sad but true.

Re:Estonia, the Digital Republic by adventured on Monday December 11, 2017 @03:02PM (#15899902)
> its just infeasible to do stuff yourself on a shoestring budget, without hiring professionals.

Millions of new businesses are started every year in the US on a shoestring and without hiring professionals.

Re:Estonia, the Digital Republic by slededit on Monday December 11, 2017 @03:15PM (#15900028)
For foreign owned companies there are a myriad of complex reporting requirements a US person would never see.

Despite not even being a tax form some of these (e.g. FBAR) have penalties of 50% of the unreported amount. It's not something you want to leave to chance.

Re:Estonia, the Digital Republic by forapurpose on Monday December 11, 2017 @06:18PM (#15901667)
> Millions of new businesses are started every year in the US on a shoestring and without hiring professionals.

I don't think that's meaningful. There are 320 million people in the U.S., and only a tiny proportion of people anywhere would consider opening their business in another country.

That doesn't mean there isn't a high barrier to accessing the U.S. legal system. For example, as we know, well-funded parties often defeat poorer parties by simply threatening legal action, because the poorer party cannot afford to use the legal system.

Re:Estonia, the Digital Republic by dullgiulio on Monday December 11, 2017 @02:45PM (#15899710)
Maybe it needs to be in the EU.