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by kureikain 1937 days ago
You don't have do incorporated at all.

All you need is an idea and build an app. Connect Stripe to your personal account to receive payout. That's all.

Unless you do consulting or have business partner, I think you just stick to a sole proprietorship. As in, dont have to do anything, SaaS and Bank account all under yourname. Just get a separate bank account.

Focus on your app, get paid customer first, withdrawal money to your own bank account.

2 comments

Wow I always assumed you needed a business bank account to receive payouts from Stripe et al. Thanks for this info!
Wait. Is it possible to open a personal account at Stripe, or is there some loophole I'm not seeing?
yes, you can totally open a Stripe account. and connect with your personal bank account. I used to do that and it works and I can receive payout from Stripe just fine.