So if you’re serious about your business and plan to raise money in the U.S., you’ll want an American business. As a foreign business, they might decide you aren’t worth the hassle or complexity. Why not set up a company in your home country? Investors don’t need many reasons to pass you over. With Stripe Atlas, you simply fill out your application and let them handle all of the legwork. Your lack of citizenship or residency status means you’ll have to jump through additional hoops. If you aren’t from or living in the United States, it can be challenging to set up a company here. You can set up a company from anywhere in the world There are four major benefits to using Stripe Atlas. Atlas is a way for Stripe to leverage its brand and bring people into its payment platform. There are countless attorneys, accountants, and business consultants who will set up your company quickly for a flat fee. It’s also worth pointing out that Stripe is not the only company who provides this kind of service. The Delaware Court of Chancery focuses solely on business law, has lots of expertise in the subject, and uses judges instead of juries.Delaware has some of the most flexible business law in the country.Taxation requirements are generally friendly to companies with complex capitalization structures and/or a lot of authorized stock.Shareholders, directors, officers, managers, or members (which includes just about everyone) don’t have to be Delaware residents.There is no state corporate tax for companies formed in Delaware but do not do business in the state.There is no state income tax for non-residents.Stock owned by people outside Delaware are not subject to Delaware taxes.Why does Atlas incorporate you in Delaware? Delaware is a common place for new companies, especially ones who do business nationally or globally. Join the Stripe Atlas Community, a global community of entrepreneurs and experts.Access up to $5,000 in promotional credits from Amazon Web Services. Stripe account to accept payments from around the world Employer Identification Number (EIN) for tax purposes
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