Building an app does not make you a startup

Re:Building an app does not make you a startup by philip1209 on Thursday August 16, 2012 @11:05AM (#4391591)

I also take issue with the definition of a startup. For instance, in Missouri it costs $50 to set up an LLC. I tend to separate my ventures into separate companies. The goal of each one is to make a profit. A weekend project or automated/passive income project also counts as a startup, even if it does not have an active team or venture capital - it is still a new business.

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Re:Building an app does not make you a startup by stephen_g on Thursday August 16, 2012 @12:04PM (#4391958)

Wow, I'm envious! It costs $433 to lodge a company registration with the ASIC in Australia. It's a bit more (mine cost $570) if you use an online service which can lodge electronically and generate all the documents you need for your company to be legal (i.e. forms for consent to act as a director, company constitution, share certificates, etc.)

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Re:Building an app does not make you a startup by jmitcheson on Thursday August 16, 2012 @09:12PM (#4394556)

FWIW it's around $130 AUD to lodge in New Zealand. Most Australian companies you do business with will treat you the same, plus: no software patents :)

Of course if you have complicated tax / revenue issues it's probably not worth the hassle.

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Re:Building an app does not make you a startup by philip1209 on Thursday August 16, 2012 @02:18PM (#4392774)

That is much more expensive. I believe that the $50 fee is for filing online, so in 20 minutes with a credit card you can have confirmation paperwork.

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