Re:Should I incorporate my app in order to charge users?
by tldrthelaw on Wednesday March 03, 2021 @02:11PM
(#26332964)
I am a lawyer, but I am not your lawyer and this isn't legal advice. Just advice to seek advice.
In short, the answer to your non-title question is "consult a lawyer." Incorporating (or forming an LLC) is not a silver bullet for insulating yourself from liability. At the risk of boring you with details, for the most part the law is logical and rational (please stop laughing, I'm serious). If you form an LLC but the LLC seems like it is just you (intermingling of funds, etc.) and you only formed it to avoid liability when your app goes haywire, it won't insulate you from liability.
In short, the answer to your non-title question is "consult a lawyer." Incorporating (or forming an LLC) is not a silver bullet for insulating yourself from liability. At the risk of boring you with details, for the most part the law is logical and rational (please stop laughing, I'm serious). If you form an LLC but the LLC seems like it is just you (intermingling of funds, etc.) and you only formed it to avoid liability when your app goes haywire, it won't insulate you from liability.
tldr talk to a lawyer