Re:Ask HN: Where to start an international SaaS company (as ...
by duncanphillips on Friday October 21, 2022 @02:54AM
(#33285286)
Really interesting, I wasn't considering Eastern Europe. The article does a great job talking about a lot of the considerations, but I have a gut feeling that operating from a country where I'm not very familiar with their language and political stability will be harder in the long term.
Its a good point on the trademarks and all the legal stuff, thanks.
https://nomadcapitalist.com/entrepreneurs/best-country-onlin...
Instinctively I would agree with the blog and say Georgia. Lithuania is a strong option too, especially if it's fintech.
However your most likely failure mode is that no-one uses your SAAS. I would just make it, start operating out of a personal bank account, then worry about registering it and making it official when youre making enough money that a taxman might care.
In my first company I wasted so much time registering trademarks and legal stuff. Really I should have just started selling, realized that the buisness model didn't work and failed faster.