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Ask HN: Why don't saas companies incorporate in countries with no corp. tax?
1 points
by
winkv
over 8 years ago
For small/one person internet based business which do not plan to take vc money it looks like a no brainer to incorporate a company where no corp. taxes are levied. What is the reason people prefer US for incorporation?
1 comment
sharemywin
over 8 years ago
probably because the legal wrangling is complicated. also, most of the profits would get taxed once you bring them back home anyway.