โœ‹
Sorry, your browser does not support the technologies needed to use our web interface.

Please make sure you have the latest version, and that JavaScript is enabled.
Remote Jobs 6 Nomad Insurance Chat Meetups Visas & Residency New Climate Finder Forum Advertise FAQ Dating New Members Hire Remotely 
  Homepageโš™๏ธ  Settings๐ŸŒ—  Toggle dark mode โค๏ธ  Your favorites๐Ÿš‘  Nomad insurance
๐Ÿœ  Explore๐Ÿก  Cities๐Ÿ‡ณ๐Ÿ‡ฑ  Countries๐ŸŒ  Continents๐ŸŽซ  Community๐Ÿธ  Meetupsโค๏ธ  Dating๐Ÿ’ฌ  Chat๐Ÿ—ฏ  Forum๐Ÿ’  FAQ New
๐Ÿ“ธ  Vote on photos๐Ÿ”ฎ  Show random place๐Ÿ’ธ  FIRE calculator๐Ÿ”Œ  Bali sea cable status๐ŸŒด  Canggu shortcut cam๐ŸŒค  Climate finder๐Ÿ“Š  Fastest growing New๐Ÿก  Real estate overseasโ›„๏ธ Escape the winter๐Ÿฆ  COVID-19 data๐Ÿ“ฃ  Advertise
๐Ÿ›ฐ  Remote jobs๐Ÿ‘ฉโ€๐Ÿ’ป  Remote workers Newโœˆ๏ธ  Airlines New๐Ÿ—บ  Neighborhoods๐Ÿ  Coworkations๐Ÿ“  Remote work visas๐Ÿฌ  Coworking spaces๐Ÿฝ  QR Menu Creator

๐ŸŽซ Welcome to your Nomad List profile!

๐ŸŽ’ Add all your previous trips and future travel plans here

๐Ÿท Set what you're ๐Ÿ‘€ looking for + ๐Ÿ™ƒ your interests

Visit your profile by clicking your avatar on the top right of any page ๐Ÿ‘‰ Your profile

๐Ÿค After adding your trips, see who's around you on the right side of every trip, or by browsing on the Members map, and meet new people with the Friend Finder or Dating feature.

๐Ÿ’จ This popup will disappear after you've added your first trip

Start by adding your current place as your first trip
Fullscreen
3D
+-
2021-01
2021-01

@dedalux

Send a Message

Like

Follow



Add your first trip
Cancel

๐Ÿ—ฏ Forum topics

๐Ÿ‘
71
๐Ÿ‘Ž

Starting a SaaS website with paid service -- Best practices for setting up payment collection? (from US)


by @dedalux |  | 4 comments

Over the past few months I started doing javascript development work and Iโ€™m trying to build projects for my portfolio. Iโ€™m working on a productivity tool that would have a paid tier for users and Iโ€™m not sure about the best practices for setting up this up for myself in terms of tax efficiency and ways to incorporate.

Right now itโ€™s only me who works on this and I project a modest user base in the beginning with perhaps a few hundred dollars of revenues that I would like to expand ideally. Iโ€™m looking at services like Stripe which has an option for individuals without the need for incorporation.

Meanwhile Iโ€™d like to reach to a point where I can hire some people to develop with me and run operations if thereโ€™s more steady cash flow coming in. Fundraising is also of course an option on the table. I donโ€™t foresee a lot of potential for legal liabilities with this project but Iโ€™d like to be personally protected. Iโ€™d Hence I think incorporation is inevitable down the road.

Iโ€™m not sure if I should incorporate as early as possible, since there is some costs associated with this. But if I were to do this, with US status, I am wondering what should I be looking for to ensure that I can run this well in the long run. If any nomads have had experience with the business side of a personal start-up project Iโ€™d love to hear your opinion and experiences.

๐Ÿ‘
71
๐Ÿ‘Ž
โ€นโ€บ
×
USD โ”€ $
ยฐF
โœจ To see all results
Join Nomad List
805ms
Messages
Send
Sorry, this is taking a while...