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Activity Forums Q & A I’m a European who lives in Europe. And I’m going to incorporate my startup in Delaware 🇺🇸

  • I’m a European who lives in Europe. And I’m going to incorporate my startup in Delaware 🇺🇸

    updated 1 week, 5 days ago 0 Member · 1 Post
  • Christine

    Member
    October 31, 2019 at 2:47 am

    Does my statement make sense? I’m sure a million of us have been in this situation before. I’m European, living in Spain for the next 12 months (not sure afterwards, perhaps I settle perhaps I move somewhere else in EU). I’m launching a SaaS startup with a cofounder who will “legally” join me in a few months. My plan is to go big or go home: aiming to be a $50M company, hire talent, raise capital, issue ESOP and exit. Although I want to start small to avoid unnecessary expenses and bureaucracy. After all, we’re still at MVP stage. Would you recommend incorporating solely in the US (Delaware) if you fully operate somewhere in Europe? Perhaps using services like Gust Launch, Clerky, Rocket Lawyer or Stripe Atlas. Or would it make more sense to simply setup in Spain? Might be easier if I hire people in Barcelona, but the problem is Spain is so much more expensive and the startup infrastructure isn’t there (I mean online consultants, attorneys, ready made templates). I know I should ask an attorney, but I prefer asking founders who went through this first. Thanks everybody for helping! – by hq overview maschera84 – –

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