Startup Questions


1

I am working for simple desktop based application (windows). I would like to launch this application for free first and based on the customer response and for new features, I have plan to charge for it. Currently, I am only working on this project. My questions is,

Should I register for company or can I launch the product without registering the company.

Anyone please help me.

Thanks all.

Registration

asked Feb 25 '13 at 00:21
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Thileep
6 points
  • Apart from saving you the cost of incorporation, and perhaps some tax implications specific to your own county, I can't think of any benefit of NOT registering your software as a business. – Frenchie 5 years ago
  • I agree with Jeremiah. You shouldn't register a company until you have a revenue stream. – Tim Warren 5 years ago
  • Don't offer it for free and then charge later, that's a bad idea. You will set the expectation that this software is not worth anything. Charge from the start. – Joel Friedlaender 5 years ago
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2 Answers


1

Personally, I'd wait until you actually have a revenue stream. I have several small, free applications but no incorporation. It's just another thing you need to do and another cost at this point.

answered Feb 25 '13 at 01:59
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Jeremiah Prummer
441 points

0

If you have paying clients, I'd register. It doesn't cost an arm and a leg and it can protect you.

The reason is, if something goes wrong with your app and a client of yours suffers damage, you can be sued personally and in theory, you can lose your house and savings due to something like that. A corporation, or LLC provides a legal shield between your clients and your personal assets.

answered Apr 26 '13 at 07:56
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Ron M.
4,224 points

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