I agree with this for the most part but I don't think incorporating is that much... | Hacker News

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codesuela on March 22, 2012 | parent | context | favorite | on: Just start an experiment, not a damn startup

I agree with this for the most part but I don't think incorporating is that much of an issue. I can't speak for the US but in Germany it takes about 5 hours to form a company (UG similar to a LLC or Ltd.) and it costs about 100 or 200 EUR. With a company in place you have peace of mind for all the co-founders and nobody has to worry about getting screwed over if everything is notarized and on paper.

ccarnino on March 22, 2012 [–]

Exactly it depends on the country. In Italy it's a nightmare.

mrkmcknz on March 22, 2012 | | [–]

I agree, in the UK it's £15 and done in a few hours online!

Ecio78 on March 22, 2012 | | [–]

Maybe not a nightmare but certainly it costs more than 100euro (even though they tried to change something with SSRL)

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