I say if you are serious about monetizing at some point then do it now. It may not be necessary but i think it could help you out mentally as you have to think about server costs and taking content creation seriously. Or you could do a few first and see how you like it before you take the plunge.
I did not know this would be something I had to pay for when doing YT videos.
As far as registering your own company that's more of a tax question. That's better to determine what your local government tax requirements for an entrepreneur or small business is.
If you do decide to register a domain name and make a website there's a couple of other things to consider. There's also yearly domain registration costs and monthly website server fees for when you do have an accessible website.
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