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.
My usual steps are:
1. Register domain
2. Setup email, including some account for social media
3. Register accounts with main social media services using the social media email address.
Resolve the corporate entity after this first step.
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?
https://www.nytimes.com/1999/10/11/business/e-commerce-repor...
The company was sold to a large provider of LLC's a few years ago. The web page gives the impression somewhat that Larry is still involved but he's not. It's PR on behalf of the company that bought them (a large company that primarily registers LLC's).
> Neither of these have Wikipedia entries.
(I have done contracting for them.) This is on purpose not everybody wants to have widespread publicity. And in fact very little is known about the company that acquired them and that also is on purpose. The sale was done quietly and not announced.
> They claim they've been "accredited since 1996".
It doesn't say that at all. It says they were founded in 1996 (true) and '3rd oldest ICANN-accredited registrar still in operation' (most likely true since they were in the initial post testbed approval batch). That said saying 'we founded' is wrong; the company who owns them now didn't start the company the founder did.
dzonga•1w ago
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•1w ago
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.
dzonga•1w ago
you know the ones were a customer pays you less than $1k a year
direwolf20•1w ago
gucci-on-fleek•1w ago
Wikipedia makes it sound like forming a German business is quite expensive and time consuming [0], so I can certainly see why you'd want to avoid incorporating if possible there. But in Canada, it only takes an hour and a few hundred dollars to incorporate (random example [1]), so it's usually worth the effort/cost unless the business is tiny.
[0]: https://en.wikipedia.org/wiki/GmbH
[1]: https://abregistry.ca/product/alberta-corporation-standard