The best time to incorporate your startup is when any of the following conditions have been met:
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Paying customers: You are starting to deal with customers and they will be paying for your services
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Business partnerships: You will embark on partnerships with other businesses where you are liable for your end of the bargain
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Committed Vision: You have a solid project or group of projects with a common theme that you will be working on for at least a short while (few years)
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Cofounders: You have cofounders with whom you will want to share equity and responsibilities, formally. Otherwise relying just on someone's word may burn you in the future
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Investors: Any 3rd party entity looking to work with you, and more importantly lend you money will take you much more seriously if your company has been incorporated
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IP: You have built something truly valuable and want to protect it
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Employees: You are starting to hire people to help you full-time or part-time
If you want to learn more
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