Starting a business with a co-founder without a corporation?

Could you start a company with a co-founder, and have generic agreements in place, all without registering a corporation?

We're bootstrapping our first startup and don't want to spend both money and time on creating a legal structure until we have a MVP.

Some very early stage companies use "Founder Collaboration Agreements." They are very simply and usually address the assignment of IP, future equity shares, and the formation of a business entity. Try googling "Founder Collaboration Agreement" and you'll probably find a few.

As a lawyer, however, I would suggest formation a business entity for liability shied purposes. IT can be done in a simple, cost effective manner. I've seen collaboration agreements get more complicated than forming an entity.

Good luck!

Do define and articulate clearly the roles and responsibilities, equity structure, vesting period and exit clauses.