I have problem, I live in Poland and I want to incorporate my software startup that makes around $15k/year. The cost of incorporation of a limited company in Poland is $7k/year (w/out taxes). This is too much for my startup to not slow down this project growing speed but without incorporation I will be running the business illegally, which will be a barrier to developing the business.
Where I can incorporate? I know that foreign incorporation has additional costs if there's no presence in that country, but I think that can be cheaper than in Poland.
Can someone advise me something from personal experience based on concrete information about costs, country and experience (can be not from Poland)?