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"only if your idea is already profitable beyond ramen profitability"

I don't know if this applies in EU, but in the US, incorporating would give the separate benefit of protecting your personal assets in the case your company was sued. So, it might be worthwhile even if you aren't profitable.




> in the US, incorporating would give the separate benefit of protecting your personal assets in the case your company was sued

Be careful with this advice and consult a lawyer. Incorporating alone does NOT guarantee protection of your personal assets.

In my non-lawyerly understanding, single-member LLCs offer particularly fragile protection.

See "piercing the corporate veil" [1]

[1] https://www.nolo.com/legal-encyclopedia/personal-liability-p...


I was given the same advise. Specially if your business is using a unique skill to solve the problem (e.g: ML, .. etc)




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