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patio11's profile
Patrick McKenzie
Patrick McKenzie
Patrick McKenzie
@patio11

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Patrick McKenzie

@patio11

I work for the Internet, at @stripe, mostly on accelerating startups. Opinions here are my own.

東京都 Tokyo
kalzumeus.com
Joined February 2009

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    Patrick McKenzie‏ @patio11 10 Apr 2018
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    Today's topic for a bunch of mutually inspired HN threads: incorporation options, of the general gist "Form a BC Canadian company for $351.50 CAD and $43.39 CAD yearly fee." This is explicit about something which is implicit, which is "jurisdictions compete against each other."

    11:02 PM - 10 Apr 2018
    • 3 Retweets
    • 16 Likes
    • Brandon Brown isaac Norn Parity @🏠 Cryptarchist C∰INTELPR∰metheus Felipe O. Carvalho Matt "summoning arachnogods" Olson shawn swyx wang
    3 replies 3 retweets 16 likes
      1. New conversation
      2. Patrick McKenzie‏ @patio11 10 Apr 2018
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        That goes substantially deeper than just the pricing of the act of incorporation, and I think it goes substantially broader than incorporation (among all activities relevant to businesses).

        1 reply 1 retweet 4 likes
        Show this thread
      3. Patrick McKenzie‏ @patio11 10 Apr 2018
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        This has long been one of the best features of the American experiment; you can gravitate towards places which largely share your values, across multiple axes, and competition between them for desirable internal migrants (and business starts, etc) helps conditions everywhere.

        2 replies 1 retweet 15 likes
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      4. Patrick McKenzie‏ @patio11 10 Apr 2018
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        I think the Internet and globalization are accelerating the ability of people, money, and more nebulous forms of capital to flow across borders in much the same way that it's been non-trivial-but-clearly-possible to flow from Chicago to San Francisco to Houston.

        0 replies 2 retweets 10 likes
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      5. End of conversation
      1. New conversation
      2. Kamil Choudhury‏ @kchoudhu 10 Apr 2018
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        Replying to @patio11

        Left unsaid in the ENTIRE thread: if you are worrying about incorporation fees, maybe you shouldn't be in business.

        2 replies 0 retweets 2 likes
      3. Jacob Paris  🇨🇦‏ @jacobmparis 10 Apr 2018
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        Replying to @kchoudhu @patio11

        Like the people who want a free alternative to shopify because they don't think they're going to make enough money to break even

        0 replies 0 retweets 2 likes
      4. End of conversation
      1. New conversation
      2. Brian Collins‏ @briancollins 11 Apr 2018
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        Replying to @patio11

        IIRC there’s an extra fee if you want your BC company to have a name and not just a number

        1 reply 0 retweets 0 likes
      3. James Hatheway‏ @James_Hatheway 11 Apr 2018
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        Replying to @briancollins @patio11

        This is true, but you can “do business under” a name for free (this is what I did. Something like “25363636 BC Inc DBA James Software”, customers only ever saw the doing business as part. Really only for small businesses though due to less protection for the name

        0 replies 0 retweets 0 likes
      4. End of conversation

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