6 ms·
Because atlas costs $500?
by pofgiru 8y ago
Because atlas costs $500?
- dbbk 8y agoNo, because you're creating a company in a country you don't live in unnecessarily.
- vorpalhex 8y agoIf you just want some legal/financial protection, most countries have a simplified way to form a basic company (in the US it's LLC) that you can easily file for yourself, and usually the taxes are easier then say a C corp. Atlas was designed to correctly setup a company to become acquired or go public. You simply don't need those features and the complexity included on the cap table, taxes, etc.