Should I Form an LLC or Register a Domain First?

11 pointsposted 8 hours ago
by walterbell

5 Comments

B1FIDO

3 hours ago

It's cute to see commenters answering the question while the article is also doing that work.

Anyway, honest question: who the hell is "domainregistry.com"? They claim they've been "accredited since 1996". I've never, ever heard of them, and I used to work for InterNIC.

Their so-called founder, "Larry Erlich", is not notable either. Neither of these have Wikipedia entries. Does anyone know who they are, or where they came from?

dzonga

4 hours ago

buy a domain.

only register i.e form an LTD | LLC when the company can generate predictable revenue for at least 2 months.

nothing is a nightmare - dealing with issues for an LLC that can't pay its own bills and being forced to file forms every year for something that's not making money

I have made that mistake twice before.

now I will only register an LLC if I can make at least $20k/month

gucci-on-fleek

2 hours ago

> now I will only register an LLC if I can make at least $20k/month

That can be fairly risky depending on the type of business though, because an LLC gives you liability protection. Your strategy is probably fine for a B2C SAAS software business since there isn't much potential for liability there, but it would be really risky for any sort of business that operates in the "physical" world.

evolve2k

3 hours ago

Register and reserve the domain first.

You can hold it as yourself for as long as you need. No harm to having domains except a few dollars of annual cost.

It’s easy for another person to register it at any time, so grab it first.

The scenario of registering a company only to find that someone else bought the domain and you now need to pay them a chunk of money to get started is not where you want to be.

walterbell

3 hours ago

Apparently cybersquatter bots can monitor brand new company registrations and scalp domain names for resale to the same company.