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Thanks! Incorporating is not a problem indeed (save for government shutdowns :), but opening a bank/paypal account is quite a challenge, particularly for a fore

by timarg 8y ago

Thanks! Incorporating is not a problem indeed (save for government shutdowns :), but opening a bank/paypal account is quite a challenge, particularly for a foreign founder... I like the idea of the extended payment terms, but won't it be weird to issue the invoice as an individual? And why it's awkward to have a friend's company name on the invoice? Provided it's not Cambridge Analytica or Theranos, of course. There are lots of products out there not matching the name of a legal entity..

Robin_Message 8y ago
Kudos on successful trial btw. If a bank account is a problem, then maybe do it through personal banking until you have the funds to make it not a problem. But do check how hard opening a business account would be; I was pleasantly surprised. Awkward for your friend, not the company you're invoicing Good luck getting them to sign and then making them happy!