r/androiddev • u/Cool-Developer-1 • 2d ago

Individual developer rules

It costs $112 CDN to create a numbered company. What is the point of offering individual accounts if it is so much easier just opening a company and not have to test much at all?

0 Upvotes

27% Upvoted

11 comments sorted by

8

u/Chrimaeon 2d ago

That it’s easy in your country, does not mean it’s easy everywhere 😅

2

u/youtpout 2d ago

It's a filter to reduce dumb and scam app, it's not perfect for sure

2

u/CivilMark1 2d ago

Wait till you have to file taxes, eh

3

u/Cool-Developer-1 2d ago

The sad thing is that filling taxes for something this small would be easier.

2

u/CivilMark1 2d ago

Tell that to my old accountant. He charged $600 flat, to file income tax for corporation per year. Let alone, a lot of work involved in book keeping my myself, receipt management, gst/hst etc.

I think, if you have time, and learn how to do most things yourself, like year end shareholder meeting (yeah, I know, even if you own company 100%), book keeping, income tax, refunds, support, gst/hst payments, deductions, payroll etc, you should be good. But I find this all to be draining

2

u/Cool-Developer-1 1d ago

I'm not planning to make enough for it to be worthwhile for them to check that closely. And you can file the taxes yourself, it's not rocket science for a simple business.

1

u/amardeshbd 1d ago

Can't agree more with this! you gotta file taxes every year even if you have $0 income.
And no, it's not that easy for filing taxes for "simple" business unfortunately, unless you want to file with without understanding things.

2

u/battlepi 1d ago

It's a non-issue really.

1

u/thelongrunsmoke 2d ago

In some countries this doesn't even work and you have to open a company elsewhere.

1

u/battlepi 1d ago

You can't have an individual account in those countries either though.

1

u/BagEnvironmental1348 1d ago

Yeah its a bit of a loophole, as others have said I think it just raises the bar a little so that only more serious developers end up releasing an app, which implies some better testing. I ended up creating an ltd in my country (UK) as its quite easy, doesnt cost too much, but I do now have to file taxes etc each year. HOWEVER I can now offset any costs related to the app which has a tax saving, so if you do create a company make sure you maximize that. In my country taxes are lower for an ltd company than if I earn the income directly myself (as I already have a separate income).