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by desdiv 3360 days ago
To clarify, you managed to sign up for a US stripe account with a foreign corporation?

That's an interesting approach. Thanks for sharing.

1 comments

Yep. The Stripe account isn't the hard part. All you need is a US Address (sorta) and an EIN (I think). You can go for a while without adding either to your account. The US bank account is the hard part, because they have some serious KYC checks, and most banks simply don't do it at all.

I managed to get it via SVB - just applied on their website. I originally spoke to them with the intention of doing it for a US LLC as described above.

It turns out that they were happy to open an account for the foreign corp directly without a US entity underneath. To qualify I had to demonstrate that we were potentially high growth and would be seeking accelerator / angel / VC investment at some point. (Would they fire you if you didn't end up doing that? Perhaps not.)

The monthly fees for this arrangement jump to a couple hundred $ per month maintenance after 2 years. Not sure if their deal with Atlas is different on that front.