Setting up a UK Ltd Company for Stripe as a Non UK Resident 2024
Since Stripe is not supported in a lot of countries, the UK is an obvious and outstanding choice for entrepreneurs all around the world who wants to launch an oversea company and gain access to international markets and financial services like Stripe, PayPal, and lots more. This is one of the reasons why the UK is highly regarded as the financial capital of the world.
If you want to open a fully Verified Stripe account as a Non-UK resident and avoid any headache of getting stuck, then incorporating in the UK is an excellent choice.
Incorporate your UK Company with Incorpuk as a Non UK Resident
At, Incorpuk, we help non UK residents who want to expand their business globally to incorporate their company in the UK. We also assist non UK residents set up business bank accounts with Tide, Cashplus Bank, Wise, Barclays, and a host of other top UK Banking service providers. And most importantly, we provide assistance for international founders to successfully activate their Stripe accounts no matter where they reside.
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 already incorporated in the UK.
Step 2: Choose a Service Address
The service address is your company's registered office address and Director service address. By law, 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 making 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
- Driving License
- Water Bill
- Telephone Bill
- Bank Statement
- 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.