[behrendtio]

Nice summary. As a German running a company in the UK, I'm also thinking about a US based corp using Atlas from Stripe.

May I ask in which sector you're working, goods or services?

How do you feel about the hassle that comes with an US based corp compared to the ease of a UK one?

[no1youknowz]

> I'm also thinking about a US based corp using Atlas from Stripe.

I was thinking of Stripe as well, but unfortunately they don't support LLCs as yet. Which means I'll be doing all the leg-work myself.

I will be noting down all my steps and will one day blog about my whole startup experience.

That said, since stripe now works with US based companies. I may apply when they do roll-out LLC support so then I can get some of the benefits. That is of course, if they'll have me!

> May I ask in which sector you're working, goods or services?

I'm launching a SaaS very very soon. It's actually ready now, but I'm still not happy with certain aspects.

> How do you feel about the hassle that comes with an US based corp compared to the ease of a UK one?

I have held LTDs in the UK in the past. It was trivial to incorporate with a 3rd party service and then retain the services of an accountant to deal with HMRC.

I have this same view for the LLC. The only issue I have so far, is dealing with long distance calls. Some vendors are happy to talk on Skype which is great. But the majority always want you to call them.

In addition, I have dealt with lawyers, accountants, opened and closed businesses and bank accounts before, all in different countries, the US, UK and EU. I am not too worried about whatever the process will throw at me. My mindset is, if something happens. Just deal with it and move on. No point worrying about it.

[behrendtio]

Thanks for the in-depth reply!

> That is of course, if they'll have me!

Go ahead and apply. You don't have to actually purchase the company, just because you applied. We already got accepted and can now go ahead, if we want to, at any point. Also, I don't think they are too picky. We got accepted within 2 business days.

> I have this same view for the LLC. The only issue I have so far, is dealing with long distance calls. Some vendors are happy to talk on Skype which is great. But the majority always want you to call them.

Yeah makes sense since most of your customers are US based. Good point, didn't think about that.

My first concerns were more towards dealing with lawyers, accountants and potential lawsuits as well as taxes in the US. Lawsuits are way more common their and taxes are quite complex due to federal/state/city laws, compared to the kindergarden-level flat tax in the UK... But yeah, I guess that's why people have accountants.

> My mindset is, if something happens. Just deal with it and move on. No point worrying about it.

That sounds quite british :) Good luck then! Do you have a blog already, so I can subscribe or something, to see the post once you release it?

[8draco8]

> Yeah makes sense since most of your customers are US based. Good point, didn't think about that.

Skype allows to buy US phone number and will receive incoming calls to it.