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Discussion on: Three Tips for Building Profitable Side Projects

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offirmo profile image
Offirmo

A critical question: How do you get money? If selling sth on the web, do you have to incorporate?

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Courtland Allen

I'm sure the laws are different depending on where you live, but in many places it's not legally required to incorporate. With Indie Hackers I just used Paypal to accept money. It was trivial to set up.

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Guney Ozsan • Edited

Check local laws. Usually it is tax free, or there is an easy solution up to a certain yearly threshold which is helpful enough for kickstarting something new. Sometimes opening a separate bank account helps tracking for this purpose. Asking a local accountant is the best way to get through this.