Although we use Stripe system for online billing and help customers to charge for their services this way, we have recently seen that Stripe, as we find out, in partnership with YCombinator and other accelerators, initiated a new way to help founders and startups to focus more on their business and less on paperwork.
This service is called Stripe Atlas.
What is Stripe Atlas?
Stripe Atlas is a new product / service that will help entrepreneurs around the world to open a company in U.S. By using this service entrepreneurs can:
- Incorporate a company in U.S, open a bank account and get a tax ID number
- Get a Stripe account to receive payments from around the world
- Get familiar with U.S. laws and get guidance
- Receive many of the resources and Amazon Web Services tools as well as $15,000 promo credit for beta users
How much Stripe Atlas service costs?
Stripe for this service charges a one-time fee of $500 after the whole procedure is finished. As it's written on their website there are no hidden costs and it is possible to pay by credit card or bank transfer.
For the first 100 users Stripe Atlas service is free!
How to apply for Stripe Atlas service?
If you want to sign up all you need to do is to visit Stripe Atlas website and request an access. You will be asked for the following information:
After you have completed and submitted a request for the application, if you're accepted, you need to submit additional information based on which all the necessary documentation will be created. Representatives of the company have to sign documents electronically after which the entire further process will be initiated by Stripe team.
Generally for the process to be completed it takes between a few days and a week after the documents are signed.
It is important to note that it is possible to change the application and the information until the final submission. If an error occurs, you can send an e-mail to email@example.com for help.
Stripe Atlas and startup accelerators?
Over 60 accelerators, investors and partners are involved in this action to make all of this possible and available to all entrepreneurs around the world. For further information visit the website's questions and answers and if we can answer any questions leave us a comment in the comments section.
Thanks for your time and all the best,
Your Creative Brackets.