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24 Comments

Stripe Atlas alternatives?

Stripe Atlas looks really nice but it has a few drawbacks in our case:

  1. We want to incorporate as a LLC in Delaware. But Stripe Atlas can only do C Corporation for us, as we are not US citizens and nor do we live in the US.
  2. Stripe Atlas can't open a bank account and do not offer their payments products to us, because we want to start with our domestic market first whereas Stripe "are currently restricted to supporting businesses that primarily serve US, and not local, customers" (from their support).

They kindly suggested that they could do the incorporation part and recommended some other companies for bank accounts and payments. It's a nice move for them but then why should I go with Stripe Atlas at all? I had previously incorporated an offshore company and found the hardest part is to open a bank account. I wished Stripe Atlas could be a one-stop solution.

How did you incorporate your business in Delaware as a non US citizen and residence? Any advice?

  1. 1

    Easiest way to register a company in the UK and integrate Stripe to sell to customers globally from Stripe unsupported countries 🌍

    Learn more here: Launch your UK Company from anywhere in the world (http://incorpuk.com/?aff=937YwcgV)

  2. 1

    A little bit late, but I'd recommend reading our article about it, we made a really detailed overview: https://offshore-companies.net/blog/stripe-atlas-alternative

    1. 1

      Easiest way to register a company in the UK and integrate Stripe to sell to customers globally from Stripe unsupported countries 🌍

      Learn more here: Launch your UK Company from anywhere in the world (http://incorpuk.com/?aff=937YwcgV)

  3. 2

    Hi Ding!

    Check out Https://blook.io/stripe-atlas-alternative for some of the differences :)

    We work with and help a lot of global entrepreneurs with the same problem. Aside from the incorporation of the company, we also help setup the bank account too!

    1. 1

      Thanks. Looks nice. Any difference from Firstbsae?

      1. 1

        Yes, aside from being less expensive. We also file in all 50 states (in case you don't want to just file in Delaware or Wyoming).

  4. 2

    You can look https://firstbase.io or https://blook.io as an Atlas alternatives

    1. 2

      Thanks! Have you used any of them? How are they?

      1. 2

        I'm currently evaluating firstbase

  5. 1

    "They incorporate your company and throw you to the wolves."

    This comment above highlights a sentiment many founders have felt and it highlights an important point: the incentives aren't fully aligned for "one-time fee" companies who help you form as after you've paid and your company is formed, there isn't a major reason why they "have to" provide stellar support or help (aka you end up in a situation where you are "thrown to the wolves" or given a checklist of things to do/figure out on your own, such as taxes, renewing your registered agent, annual reports etc).

    For folks who are looking for a long-term partner with a mix of value X ongoing support where the incentives are aligned X cost, check out StartPack and feel free to personally email me at [email protected] or live chat us online if you have any questions! https://www.startpack.io/top-stripe-atlas-alternative

  6. 1

    Also, you can check out JoinSecret to get 50% of Stripe Atlas (but you have to pay a $99 membership fee).

    Would appreciate if you use my referral code if you do :)

    https://www.joinsecret.com/?r=432422a1a2f3

  7. 1

    I used https://incorpuk.com 5 months ago and it was an awesome experience. Any day any time I will go with them. Incorporating in US was a big issue due to delay in EIN number and all of that. All these US startups will promise within 1 month to got EIN and Bank account and you will wait for over 3 months plus and still not get it. Incorpuk helped me Incorporate in the UK, Business Bank Account and simple step by step guide for my Stripe Account opening. They are quite popular for Entrepreneurs who are from Stripe unsupported countries.

  8. 1

    Hi Ding,

    I am in a similar position, studying the options.

    I will probably incorporate in the UK or in Europe (I am a EU citizen living in Canada).
    I will probably use one of the following options:
    https://www.xolo.io/
    https://www.rapidformations.co.uk/
    https://www.mintformations.co.uk/
    https://golimited.co/

    Best!

    1. 2

      Thanks. I ended up using FirstBase.io and successfully incorporated in the US. The service is generally good.

      1. 1

        Hi i had a question. If i use FirstBase, will i be able to use Stripe?

        1. 1

          Yes. They integrate with Stripe

  9. 1

    Why are you incorporating in the US?

  10. 1

    I'm curious why you want to incorporate in the US if you're primarily going to be focusing on your home market first. It seems like it might be extra work and cost if you're not going to be targeting the US at this point.

    1. 2

      We don't live in our home country, which makes incorporating and running the company in our home country much harder.

      Doesn't have to be the US. It's just incorporating and banking looks easier in the US with services like Stripe Atlas.

      1. 1

        Correct! US Banking + US Payments is very reliable and pretty easy to set up :)

        Check out this guide on how to open a US Bank Account if you're curious! https://www.startpack.io/blog/how-to-set-up-a-us-llc-and-us-bank-account-as-a-non-us-resident-remotely-from-anywhere-2021-update

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    This comment was deleted 2 years ago.

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    This comment was deleted 4 years ago.

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    This comment was deleted 2 years ago.

    1. 0

      Can you use a Stripe account with them?

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        This comment was deleted 2 years ago.

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