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Ask HN: Startup Domicile in 2023?

5 pointsby tjstebbingabout 2 years ago
I'm an Aussie, and looking to launch a new startup in the next month. 12 months ago I would have opened a Delaware but the global economy is techtonically shifting with the rise of the Yuan, and overinflated USD. I think I need to seriously consider if anything attached strongly to the US or China is a wise move right now. Nationalistic hats-off if possible, where are the best places to domicile a new startup in the current climate?

3 comments

nivertechabout 2 years ago
Choosing the appropriate jurisdiction for incorporating a startup is not primarily influenced by the strength or weakness of the national currency.<p>Instead, it depends on factors such as the simplicity of conducting business operations with minimal bureaucratic hurdles, as well as easy access to external investors.
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lukassoukupabout 2 years ago
I think you should be looking at the stable and predictable location, where the legal system works and is independent. In EU, Netherlands is a popular location to domicile a business, but if you already established your startup in the US, I guess you made a good choice.
el_dev_hellabout 2 years ago
Are you an Aussie for tax purposes?<p>If so, I&#x27;d personally default to Australia and worry about the rest after having some success.<p>If not, I&#x27;d go Delaware.