Stripe Atlas (Pre-Launch) - Product Stars
Best products of May 2018

Stripe Atlas (Pre-Launch)

A new way to start an internet business anywhere

Upvotes 4,676 PH Page >
Bala S.
With Stripe Atlas, entrepreneurs can easily incorporate a U.S. company, set up a U.S. bank account, and start accepting payments with Stripe.
Christien
@leanux_bala this is strong!
Pulkit Agrawal
@leanux_bala this is awesome - i know so many companies in the UK that wonder whether incorporating in the US will help them raise capital so this seems like this will help spur the startup industry in other places and help even out all the venture density from the US to other parts of the world! great going Stripe!
Ross Currie
@leanux_bala This is pretty awesome. I run my company from Australia and as modern as our banking system is, there are some real challenges in being an AU company targeting US customers and suppliers: - With this, I will no longer need to convert $US sales into $AU for my bank account before I put it back into $US to pay my suppliers - With this, I won't get charged the extra 1.25% when a purchase is made using a non-Australian card (ie, 90% of my customers) - (Edit: Looks like I'll still be paying 2.9% + 30c per transaction. This is odd, as with Stripe AU it's 1.75% + 30c for domestic cards) - With this, I could potentially run my next Kickstarter in USD rather than AUD (which is a real problem with our currency disparity) These three things make a huge difference to my business. I've looked at registering a US entity before, but there's no turnkey way to do it.. until now.
Ahmad Awais
@leanux_bala I cannot tell you how stocked I am, after reading about Stripe Atlas. It just might be the solution to every f***ing payment problem my team have been dealing with for past five years (being in a 3rd world country). We are huge fans of Stripe! It's integration the user experience and overall simplicity.
Kamil
@leanux_bala Game changer
Ross Blankenship
@leanux_bala Tons of potential here for @stripe's growth and impact on entrepreneurs + startups worldwide. We're looking forward to adding Atlas to our portfolio companies... and our own products too. Keep up the great work @BestOfLuk and Stripe growth team! Ross D. Blankenship Angel Investor & Builder | http://angelkings.com
Charles Jo
@leanux_bala very interesting for global startups at SSG.
Ram Rayavarapu
@leanux_bala Thank you Stripe Atlas team.
David Iwanow
hmmm this could be fairly damn big for startups... I love the idea of creating a company can now take just hours and anyone in the world can easily do it
Michael Schade
Maker
@davidiwanow Yes! We're pretty excited to see what people build.
Nate Legler
@sch @davidiwanow this is bigger than the Taco Bell Quesalupa (https://www.youtube.com/watch?v=krdKB-lrfGI)
André Bose do Amaral
This is massive.
Jói Sigurdsson
This looks huge
Gary Gaspar
Can't wait for it to become widely available
Palash Bagchi
This is just amazing! the startups of the developing world has been waiting for it..well done guys!
Ricard Panadès Nadal
This looks awsome, but i have a question: I'm from Spain (terrible place for entrepreneurs, lot of taxes only for accept payments, make invoices etc), if I use Stripe Atlas, is this tax evasion? Thanks!
Michael Schade
Maker
@ricardpanades Nope, you'll still need to pay taxes locally wherever applicable. I don't have much advice on the specifics for Spain, but we partnered with PwC who can assist from a U.S. perspective and introduce you to the cross-border tax considerations when setting up with Atlas. This should help make sure you stay compliant with local laws.
Ricard Panadès Nadal
@sch Thanks!
Borja Rojano
@ricardpanades I am from Spain too. No it is not.
Thomas K. Running
@ricardpanades While using Stripe Atlas to incorporate in the US isn't tax evasion, the company would still need to report to the tax authorities in Spain (and the US) and pay tax there. Failing to do so would be tax evasion. While I understand this can be very useful to process payments, you need to understand the Pandora's box of international tax complexities you are opening by running a US incorporated entity from Spain (or any other country). After all, Stripe is already available in Spain, so why bother. You will not pay less tax (you might even pay more), but instead increase your cost of tax compliance by an order of magnitude. Not to mention all the extra work. I'm not saying Atlas isn't suitable for anyone. For high-growth, VC-funded startups, having a US presence might make sense (investors like investing in Delaware C-corps). The same for someone from a third world country lacking access to decent payment processing, etc. But in the latter case it might be better to look at other jurisdictions than the US, for example Estonia. But most small to decent-sized businesses in reasonably developed countries should think at least twice (i.e. talk it over with a qualified international tax professional in your home country) before signing up for Atlas or otherwise incorporating in the US. If you think your own tax code is bad/complex/insane, you haven't seen the US one.
Cody Sanfilippo
This looks pretty damn huge. It also looks pretty damn pretty. Stripe kills it again.
Johan
Amazing ! Can't wait !
Yusuf Parak
This is absolutely incredible! As someone from South Africa, the IP rights here aren't conducive to startups and every founder here would love to have a setup that Stripe Atlas offers. Previously we would have to go through a whole legal process to incorporate elsewhere costing vasts amounts of money! Well done @krithix @sch @patrickc and thank you for solving such a massive pain!
Irina Zayats
Whoa, this is incredibly good news. I couldn't find any info as to whether a valid US visa is required for non residents to apply?
Michael Schade
Maker
@izayats Nope! https://stripe.com/atlas/faq#Do-I-need-to-be-a-U-S--citizen-to-incorporate-a-U-S--company
Irina Zayats
@sch Thanks! Too good to be true.
Scott Adamson
Very cool idea, I signed up
Gabriela Hromis
This is big! I am so impressed.
Paisano
Always loved Stripe.... this is just icing on the cake... still in disbelief that PayPal has not acquired it... glad it has not happened yet.... hate what PayPal does to acquisitions of once promising solutions like card.io.... jury still out for Braintree .... so let's see.
Jon Sutherland
This is incredible. Take my upvote you magnificent wizards
Bear Silber
Would you consider the same for LLCs?
Zach Herbert
@bearsilber It says in FAQs they may do LLCs in the future
Harsha Halvi
Damn I was waiting for stripe to launch in India and you guys made a way to use all the benefits that US startups use. Thanks :)
Siva Kumar
@h_halvi I am also from India. If you utilized Stripe Atlas and incorporate a U.S. Delaware company, do you need to pay taxes in both US and India?
Will Jamieson
This is amazing love the feel of it
Jake Peters
You guys are the best. 🎉
Ryan Heinemeyer
Amazing!! Wish I had this about 2 months ago.
  • Trusted foundation

    Stripe Atlas takes the guesswork out of getting started. Set up with standard defaults used by thousands and the leading bank for startups.

  • Fast and easy

    Your incorporated company and new bank account will be ready within days. Keep track of everything in one place.

  • Knowledgeable community

    Connect with other founders and learn from experts. Join an exclusive forum for Stripe Atlas entrepreneurs.

Interested in starting a business?

Get a free one-month course on starting your business written by the experts at Stripe Atlas.

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Startup toolkit

Everything you need to start an internet business. Fill out a simple form and we help handle the rest.

  • Company incorporation

    Stripe Atlas incorporates your new company in Delaware—the industry standard for tech companies. We’ll generate the documents, file the paperwork, and obtain your Tax ID number. Your company will generally be open within a couple days. This includes:

    • C Corporation incorporated in Delaware
    • Registered agent, renewed annually
    • IRS Employer Identification Number
  • Bank account and debit card

    Stripe Atlas includes opening a bank account—complete with a debit card—with Silicon Valley Bank, the world’s leading bank for tech companies. You’ll be able to login to your account after e-signing documents; there’s no need to visit a branch in person or to fax paperwork. See more details

  • Stripe account

    We set up a Stripe account that you can use to start accepting payments from customers in 100+ currencies right away. You can take advantage of the complete Stripe product suite, including Connect, Subscriptions, and Radar.

  • Issue stock to founders

    Generate and sign documents to issue stock to the founding team, with templates from Orrick and standard legal terms used by many top startups—for free!

  • Special offers on startup services

    Stripe Atlas users receive up to $5,000 of free credits from Amazon Web Services, a free conversation with a lawyer and an accountant, and flat-rate packages for additional legal and tax advice.

Atlas could let start-up founders sidestep some of the bureaucratic hurdles that often hamper building a new business.
We’re delighted to be working with Stripe to make it easier for our international founders to spend more time working on their startup and less time on paperwork.
Atlas makes it easy to start your company the right way. We counsel high growth companies in 35 countries and are excited to share our startup templates and knowledge with Atlas users.
Navigating accounting and tax matters is critical to the health of any new company. PwC and Atlas offer guidance on these topics to Atlas entrepreneurs to help them succeed.

Trusted by entrepreneurs everywhere

From San Francisco to Sri Lanka, thousands of entrepreneurs in 120 countries have used Stripe Atlas to get their businesses off the ground.

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Iris is your modern day emergency alert for mobile, founded by Cat Noone in NYC. Iris provides hospital detection, a digital health card and rapid alerts to your loved ones in the critical moment when you need it most.

Started in Ghana, Tress is a social community for black women to discover and share hairstyle inspiration, information and tips. Founders Priscilla Hazel, Esther Olatunde, and Cassandra Sarfo participated in Y Combinator’s Winter 2017 batch.

Pasilobus builds apps and e-commerce solutions for clients on Shopify. The company is headquartered in St Louis and has employees around the world.

Zumrod is an e-commerce platform that supplies health and beauty products to women in the Arab World. Co-founder Said Hassan also leads Gaza Sky Geeks, the first startup accelerator in the Gaza Strip.

Get help from experts

Stripe Atlas connects you with attorneys and accountants who specialize in helping startups, and offer discounts to Atlas users.

  • Legal

    As a Stripe Atlas member, you’ll have access to a free conversation with a lawyer in the Stripe Atlas network, free templates designed just for startups, and flat-rate legal packages (including $349 to have a lawyer customize stock agreements).

  • Tax & accounting

    Chat for free with an accounting expert in the Stripe Atlas network. Atlas also offers flat-rate tax preparation packages from leading accounting firms like PwC, starting at $1,000 for all U.S. tax obligations.

Community of entrepreneurs and experts

Join the Stripe Atlas Forum—a private discussion board for all Stripe Atlas entrepreneurs around the world. Connect with other entrepreneurs, find beta users, learn from experienced founders, and get advice on surmounting early challenges.

The Stripe Atlas community also includes 200 investors, accelerators, and companies around the world in the Stripe Atlas network, who can directly invite you to Atlas.

How long does it take?

Once you’re invited to Stripe Atlas, your company will be set up within days. We help take care of all the paperwork.

  • Submit your application

  • Day 2

  • Day 11

  • Tax ID (EIN)
  • Bank account opening
  • U.S. Stripe account

Ongoing costs

  • $100 per year to renew Delaware registered agent (renewed automatically)
  • $25 per month to maintain bank account (waived with a minimum account balance)

Ready to join Stripe Atlas? Tell us about your idea to get started.

You can join Atlas immediately with an invitation from an existing Atlas user or a member of the Stripe Atlas network. Otherwise, tell us about your company and we’ll get back to you within two weeks.