The reasons I would want to delay the registration of this business as much as I can are:
- I don't foresee having a single dollar of revenue until at least 2 years later (the product I'm building is way immature at the moment; users that are testing at the moment are only using the "free" edition).
- Given the above, the first months of operating would be all costs (employees, plus any bureaucracy costs) with no income.
- And last but not least, I didn't think of a name yet!
I'm perfectly aware that a business receiving income without having been registered would be illegal (because all businesses need to pay taxes from their income), but how about starting to pay workers (freelancers, not full-time employees) out of my pocket? Is this illegal?