Not yet launched or 'founded' a product, but for me registering a business here in Uruguay 🇺🇾 is an easy decision for the simple fact that they:

• have very favourable tax rates (0% on software and 'foreign income')
• very light touch paperwork and very unlikely to be audited
• make it easy to become a temporary/permanent resident as a secondary benefit
• small country with just 3.5m people, so very easy to build network and contacts
• other business owners talk of being treated like a customer, not a cow
• are punching-above their weight in the tech & AI industry
• zero interest in regulating, taxing or tracking Bitcoin currently
• great diversification strategy, outside of increasingly uncompetitive Western countries - like mentioned inside this recent SN post
• was mentioned inside the Sovereign Individual 🤣 (my bible these days) as a likely favourable jurisdiction

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• I wrote about Uruguay in much more detail here on SN, including such tax benefits, for those interested.