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Legal issues of starting a Game Studio

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I'm just wondering what the legal requirements are for creating a Game Studio, other than age majority.

 

Adding to this I'm also wondering if a Studio or Company is even legally required for creating a game for profit.

Edited by WulfTheWulf

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1. wondering what the legal requirements are for creating a Game Studio, other than age majority.
2. also wondering if a Studio or Company is even legally required for creating a game for profit

 

1. Registering with the government and paying taxes. Obeying employment laws.

2. It is not. Several other people have asked this and gotten discussions going on this. You might want to read those other threads.

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For questions like this it might help to specify where you live, different countries have different laws, and since your profile says Location: Nowhere it gets kinda tricky to guess smile.png

I don't know of any country that treats selling games any differently from selling potatoes, the best source of information is usually your local small business office or tax authority.

Even when registration is optional it tends to be beneficial. (Its usually easier to make tax deductions for your expenses if you got a registered business and corporate tax tends to be quite a bit lower than income tax in many countries).

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Research the available types of small(ish) company, figure out if they fit your requirements (e.g. do you need limited liability or unequal shares?) and compare initial and ongoing maintenance costs and income tax differences. If you aren't going to have partners, in most places there are provisions for personal businesses, which might or might not be cheaper/simpler than a single partner company. If you need advice about the formal side of your business, you definitely need a consultant; not necessarily a lawyer, many people (tax accountants, public bureaucrats, entrepreneurs/managers, etc.) are familiar with these topics and with actual filing the paperwork for what you finally choose.

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As above, it depends on your location. Here in Australia, you'd minimally have to go to the tax website, put in your 'tax file number' (like a SSN), and register a business number for free, which you'll need when doing your tax return forms for the year.

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In Germany you'd need to register at least a one-man-company (~25€ registration fee) to sell games or even put a donation button up for donationware.

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This topic is 1716 days old which is more than the 365 day threshold we allow for new replies. Please post a new topic.

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