Ask HN: What is the best jurisdiction for internationally distributed teams?

Re:Ask HN: What is the best jurisdiction for internationally... by el_nahual on Sunday June 05, 2022 @02:33AM (#31628569)

If you intend to get VC funding, then you have to "keep it standard." Don't do anything new, weird, etc.

The "Cayman-delaware sandwich" is quickly becoming the go-to structure for Latin American startups. It's well known and has a ton of advantages, but I believe it only works if your business is not actually US-based: if the bulk of your customers are in the US, for example, then you might have to do a Delaware corp.

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Re:Ask HN: What is the best jurisdiction for internationally... by SkyAndSand on Sunday June 05, 2022 @02:34AM (#31628578)

What exactly does the Cayman Delaware sandwich look like? Cayman Holding and Delaware C Corp as operational company? What is the purpose of the Cayman holding then?

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Re:Ask HN: What is the best jurisdiction for internationally... by el_nahual on Sunday June 05, 2022 @06:36AM (#31629704)

The Delaware company is an LLC which then owns all the operating companies in-country (which you will need, if only for payroll/hr /payments/tax/vat reasons).

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Re:Ask HN: What is the best jurisdiction for internationally... by plumeria on Sunday June 05, 2022 @02:38AM (#31628602)

Can you recommend some pointers to learn more about the Cayman-Delaware sandwich?

I assume the payment processing would be in the US?

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Re:Ask HN: What is the best jurisdiction for internationally... by SkyAndSand on Sunday June 05, 2022 @04:57AM (#31629179)

I’d also love to learn more. Sounds interesting!

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