I have talked to many consultancies, law firms, CAs etc. What I found common from their suggestions is that I shouldn't choose Inc./Corp. for small startup. They suggested me to start with LLC/Pvt. Ltd. and convert that to Inc./Corp. when grown up.
I want to know what difficulties can I face if my small startup is Inc./Corp.? Legal establishment cost of Inc./Corp. is under my budget. Why should I avoid it?
I am talking about common problems, but if its really important: I am interested for all major countries, but here are some countries of higher interests: US, Canada, India, UK, Singapore.