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Aloha! I am currently in the process of prototyping a technology idea with the goal of putting it out in the wild to validate product-market fit. I want to make sure it has the ability to be profitable from day one. If it goes well, my end goal would be incorporating in a tax-friendly jurisdiction and collecting payments from a solid finance hub (like Singapore), although in the beginning I'd like to go for a simpler solution in the early validation stage.
Question: What are some good ways of collecting global payments in the early stages of a start up before incurring the cost of setting up the "real" commercial structure?
Any pointers from experienced global entrepreneurs would be much appreciated.
PS: For context, I am not a US citizen/permanent resident so I am not subject to US taxes. I recently moved out of the US to pursue global entrepreneurship and will soon be free to reside anywhere I choose.
Question: What are some good ways of collecting global payments in the early stages of a start up before incurring the cost of setting up the "real" commercial structure?
Any pointers from experienced global entrepreneurs would be much appreciated.
PS: For context, I am not a US citizen/permanent resident so I am not subject to US taxes. I recently moved out of the US to pursue global entrepreneurship and will soon be free to reside anywhere I choose.
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