FilterHN

Virtual Mailbox vs. Lawyer for Incorporating

2 points

1 hour ago

| 2 comments

Looks like all incorporation services (like Clerky or Northwest) put your address on the certificate of incorporation in Delaware. So really, there are only two choices for incorporating:

1. Get a virtual mailbox, then file the certificate of incorporation through a cheap service.

2. Get a lawyer to put their address as incorporator.

Virtual mailbox is a continual cost, lawyer is one-time. Is that the major distinction? If I plan to be in business three years, then the lawyer already pays off, no?

▲

hungryhobbit

1 hour ago

[-]

I'd be more curious as to whether you will need a lawyer for anything else in your business in the future?

If you plan to make a one-man SASS product you might be able to get by without one, and maybe the mailbox makes sense. But if you plan to build a real company (with employees, terms of service, contracts, legal counsel to avoid getting sued, etc.) you're going to need a healthy relationship with a lawyer anyway, so why not start one now?

▲

svenv

17 minutes ago

[-]

I am sure I will. But Incorporating seems so easy. There is a five line / half-page certificate of incorporation template provided by Delaware. Easy to do myself if I just get the address worked out.

▲

pixel_popping

1 hour ago

[-]

If it's a SaaS, you better incorporate in HK and you'll have zero taxes if you blacklist local (HK) market. It is also fully stripe compatible. It would also shield you from problems.

▲

svenv

18 minutes ago

[-]

How is the investing scene?