Stripe Atlas Alternative in 2024 for Global entrepreneurs
Are you looking for a Stripe Atlas alternative in 2024? Here is the best way to gain access to Stripe in 2024 irrespective of your country of residence.
Due to the fact that Stripe is not supported in a lot of countries, Stripe Atlas was launched by Stripe to help entrepreneurs from outside Stripe supported countries gain access to Stripe.
At Incorpuk, we have made it possible for anyone from any country to gain access to Stripe and also provide additional support for business bank account and other international payment gateways like PayPal. You can check out Incorpuk reviews.
Incorpuk is the best and fastest way to gain access to Stripe. Most entrepreneurs from around the world can open their Stripe accounts in less than 3 working days with Incorpuk. Incorpuk cost far less than Stripe Atlas and incorporating it in the UK is a safer, better and faster choice for international founders due to so many reasons.
Incorpuk helps non-UK residents who want to expand their business globally to incorporate their company in the UK, set up Business bank accounts with Tide, Cashplus Bank, Wise, Barclays and a host of other top UK Banking service providers and also provides assistance for international founders to successfully activate their Stripe accounts no matter where they reside.
Why Incorpuk is a better Stripe Atlas Alternative and what is the process like?
If are looking for the best Stripe Atlas alternative, you want to open a fully Verified Stripe account as a resident of a Stripe unsupported country, you also want to avoid any headache of getting stuck along the process, then you should consider incorporating your company with Incorpuk.
To get started, here are all the steps.
Step 1: Check for Your Company Name Availability
The first step to Incorporating your UK Company is to check for your company name availability. Your company name should be unique. This means that it should not be the same as previous companies that are incorporated in the UK
Step 2: Choose a Service Address
The service address is your company's registered office address and the Director's service address.
By rule, every company incorporated in the UK must have a UK Registered office address. Company House, HMRC, and other UK govt bodies will use your registered office address to send official mails to your company which will then be forwarded to you.
As the owner of a UK company, you are the company director. A director service address is used to protect the privacy of your home address on public records.
Step 3: Company Director and Shareholder
Private Limited Companies in the UK need a Director and Shareholder. As the owner of the company you are incorporating you will be the sole Director and shareholder of your company. If you have a business partner and wish to add them as part of shareholder or director you can do that by contacting our support team after placing an order. Fill in the required personal details in the sign-up form. All details will be used as director and shareholder details.
Step 4: Register Your Company
After you fill in the required details, you should proceed and make payment. Our Technical support team will check all info you submitted and make sure they are okay. After payment, you will receive a confirmation email and be able to log in to your company dashboard where you will be required to upload your ID and one proof of your address from your country of residence.
Proof of ID can be one of the following:
- National Passport
- Driving License
- Voters ID
- National ID
For proof of Address, it can be one of the following:
- Electricity Bill
- Bank Statement
- Driving License
- Water Bill
- Telephone Bill
- Tennant Agreement or Mortgage Document
Step 4: Business Bank Account
After your Company is formed the next step is to open a business bank account. Incorpuk will assist you in setting up your business bank account with one of our banking solution partners like Tide, Cashplus, Wise, or Barclays. Your Business bank account comes with a debit card and mobile banking. Also, you can transfer funds from your Business Bank Account to your local Bank Account in your country of residence with the Mobile app.
Step 5: Open Your Stripe Account
The next step is to open your Stripe account. Again our customer support team gives you the step-by-step process of how you can open and activate your Stripe account with your UK company and business bank account no matter your business niche. After you use the step by step process, Stripe will ask you to upload your proof of ID and proof of Address, and Voila, you are done.
This is how to get your Stripe Account from a Stripe unsupported country and avoid any limitations of scaling your business globally. If you have any questions, you can contact our support team at [email protected] or [email protected] . We have a 24/7 support system. Also, you can contact our support through live chat on our website for faster correspondence.
Cons of Stripe Atlas for International Entrepreneurs
1. Stripe Atlas Is Expensive
Stripe Atlas has a $500 fee and a $400 fee for filing taxes and this brings up the total cost to $900. This is too much for most international founders who simply want to start testing their products and selling internationally.
2. US Tax Issues
With Stripe Atlas you only have the option of incorporating in the US. And incorporating in the US has its own shortcomings for international entrepreneurs.
It is difficult to file taxes in the US compared to the UK where as the owner of the company you can easily file UK corporate tax online. You can file UK corporate tas without the help of an accountant or tax agents. Even if you want to use the service of a UK accountant prices starts from just $200 compared to the US where accountants charges anywhere from $1,ooo and you can only file US taxes through an accountant.