Stripe atlas

Stripe Atlas Pricing: Is Stripe Atlas worth the cost in 2024?

Ryan Patrick

• 4 min read

Starting a new business can be daunting for global founders not residing in the US, UK and Europe. You just want to offer your products or services and help your clients, but there's a long list of tasks to perform before you can get started. Stripe Atlas might a great choice.  

In this article we will discuss the following frequently asked questions about Stripe Atlas.

  • Stripe Atlas Pricing?
  • How much does Stripe Atlas Cost?
  • What are Stripe Atlas Key features?
  • Is Stripe Atlas worth the price?
  • Should I use Stripe Atlas?
  • What is Stripe Atlas key features
  • Benefits of Stripe Atlas
  • What is a cost effective alternative to Stripe Atlas

What is Stripe Atlas?

Stripe Atlas is a service offered by Stripe, an online payment processing solution for internet businesses. Stripe Atlas enables entrepreneurs to launch their company quickly, safely, and reliably from anywhere in the world. It facilitates the steps of incorporation in the United States.

In other words, Stripe Atlas makes it simple for non-U.S citizens or individuals not residing in the U.S to remotely establish their business in Delaware. That means they won't have to travel to Delaware to sign all of the paperwork.

You can set up your business in a matter of days if you use Stripe Atlas. Stripe Atlas's team will establish your company as a legal entity. They will prepare your legal documents, handle the paperwork, and manage your Tax ID number. Within a short period, you can have your business up and operating.

Stripe Atlas Pricing in 2022: What does it actually costs

The setup fee for Stripe Atlas is $500, which covers incorporating in Delaware and obtaining your business's tax identification number (EIN) from the Internal Revenue Service (IRS).

Companies in Delaware must have a registered agent to receive official notices. The initial $500 startup charge includes a registered agent, who is automatically renewed annually. Legal notices and other communications from Delaware may be shared with you directly through your registered agent.

Getting Started With Stripe Atlas

You can start a US company with Stripe Atlas by providing your information and signing your company formation documents. After you have completed the processes to establish your enterprise, you can enable payments and open a business bank account.

In addition, you will get access to the Stripe Atlas Community, where you can get helpful and individualized assistance and learn about industry best practices from professionals. You will also gain substantial savings from Stripe Atlas' partners, such as flat-rate packages from tax and legal service providers, and free credits worth up to $5,000 from Amazon Web Services.

Why was Stripe Atlas Created?

Stripe Atlas launched in 2016. It was established to assist entrepreneurs in turning their ideas into startups, thereby collectively increasing the internet's GDP. According to official reports, more than 20,000 companies have been launched with Atlas, bringing in more than $3 billion in income since then. Stripe Atlas can assist entrepreneurs in the following ways:

  • Form a C Corporation or Limited Liability Company (LLC) in Delaware
  • Get an Employer Identification Number (EIN) from the US Internal Revenue Service (IRS)
  • Set up a Delaware registered agent
  • Join the Stripe Atlas Community, a global community of entrepreneurs
  • Create a Stripe account to accept payments from around the world
  • Open a U.S. business bank account

Access USD 100,000 in exclusive benefits from Atlas partners, including legal and tax experts, and technology platforms.

Key Features of Stripe Atlas

The key features of Stripe include:

  • Legal templates; Stripe Atlas offers hundreds of free customizable annotated legal templates.
  • Stripe Atlas Community; You can use this tool to join a team of worldwide founders using this platform. In this manner, you can get expert advice on how to expand your business.
  • Bookkeeping; You can keep track of your transactions on the dashboard with the help of bookkeeping and accounting tools.
  • Multiple payments; Stripe Atlas has collaborated with several payment companies. As a result, you may provide your customers with a variety of payment choices. You can also collect money in person.
  • Tax filing; To assist their clients in filing corporate income taxes, Stripe Atlas collaborates with tax consultants. Additionally, these partners give members of Stripe Atlas discounts, which is advantageous.

Benefits of using Stripe Atlas

Here are four major benefits of Stripe Atlas:

  • It's easy and fast

There is no need for extensive documentation, bank visits, dealing with state regulations, numerous fees, or anything else. Stripe Atlas simplifies the entire process of getting started with your business. You can get everything sorted out in less than a month.

  • You may start a business from anywhere in the world

It can be difficult to start a business in the U.S if you are not American or currently reside there. You must either come to the United States yourself or locate a representative who will do so. You'll have to go through additional hurdles because you don't have citizenship or legal residency.

Stripe Atlas makes it easy for non-US citizens to remotely corporate their company in Delaware. You just need to complete your application, and they will do the rest.

  • Stripe Atlas Pricing is high but actually okay

The setup fee for Stripe Atlas is $500. Because Atlas covers the Delaware filing charge, you're essentially only paying $311 for Stripe's service. Given that the entire process would require several hours of your effort, that is a reasonable price. It's a lot less expensive than employing an attorney to put everything up.

  • You will join the global community

Running a business by yourself can be difficult. Now picture how draining it would be to operate your business in a country you have never even been to.

Fortunately, after you incorporate your company using Stripe Atlas, you will become a member of the Stripe Atlas global network of entrepreneurs who formed their firms with Stripe. You can learn plenty about how to expand your business once you become a member of this group.

What is a Cost effective Alternative to Stripe Atlas?

Incorpuk is a cost effective alternative to Stripe altas. With Incorpuk you can incorporate your company in the UK, get access to international business banking, Stripe and other Global startup resources. The UK is often regarded as the financial capital of the world.

Incorpuk is a UK startup that specializes in and is committed to assisting entrepreneurs all over the world in take their businesses global through UK company creation and other financial services.

Regardless of your citizenship or country of residence, Incorpuk's formation package takes care of everything you need to join the global financial market and gives your startup a fair advantage.