Having a US entity for your business is a major headache IMO - esp if you operate primarily online/onchain

You have federal and state tax compliances, and other business compliance for payroll, and a bunch of other things no one really tells you about until you're too far into the mess

On the other hand UK or even many European jurisdictions have very simple filing, compliance, and tax requirements

It's a complete psyop that somehow the US is a better choice and as new onchain fundraising mechanisms emerge, having a DE or similar US entity is going to feel like a relic of the past

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SG entities are the best imo. Heard European have some headache compliance/tax regs too. Lots Europeans set up their cos in SG then stay in SEA like Thailand or Bali for lower living costs

Building @nanograph moding /singapore

https://github.com/nanobrowser/nanobrowser

Agree the nominee director is an unnecessary overhead. I wonder where they got that from, maybe some older version British law

I had an SG entity for a number of years, the corporate compliance part like needing an nominee director etc was a bit of unnecessary overhead but otherwise, agree it's good overall