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Discussion on: Software contractors and entrepreneurs: Do you have a business entity?

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kostjapalovic profile image
Kostja Appliku.com

Yes. LLC.
And the accountant does the accounting so no big deal. Yes, there are expenses on taxes and pretty noticeable, but other than that – happy.

I guess another question here should be this:
"If you are working directly, not thru upwork-type of thing, do you write proper contracts?"

I got burned by that a big-time back in the day. Then our contract was 57 pages including NDA + actual task description. No problems since then. As a bonus - sh%tty clients that wanted to trick contractors from the start didn't bother us.

So, LLC + contract + high enough price – you get somewhat calm business when you can worry about software, not your ass on the line.