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In the Netherlands, there is a threshold, and you do not have to incorporate if you stay under that, and you'll still have to report it. But this obviously depends on the country you're in.

Paypal could be a good way to take money from people privately, and it's probably entirely legal, up to a certain point.

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> In the Netherlands, there is a threshold, and you do not have to incorporate

But you still have to register some form of sole-proprietorship company?

Nope, you take it as a private person, and when you submit your income taxes you state it as extra income.

Even when you are selling SaaS (so it's a "service")?

I think you can have problems with payment processing companies as they might not want to make business with a private person.

True, but if you're going to SaaS, why would you not incorporate?

Of course there are downsides, you will look a lot less professional without a KvK or Chambers of Commerce number.

But if you want to look professional, you need to incorporate

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