Stripe Atlas Review 2024: Is Stripe Atlas Good For Everyone?
Starting a business can be really exciting, but dealing with all the legal stuff can be a downer. Stripe Atlas wants to make this easier, especially for people starting businesses from other countries.
They say they can help you set up your company, get a tax ID, and take care of other important things so you can focus on your business idea. But is Stripe Atlas really as great as it seems? Let’s take a closer look at what it offers, how much it costs, and what people who’ve used it have to say.
What Stripe Atlas Offers
- They help you set up your company, either as a Delaware LLC or a C corporation, which are common types of businesses in the US.
- They get you an Employer Identification Number (EIN), which you need for taxes.
- They give you guidance on following US tax and legal rules.
- They help you link your bank account with Stripe for online payments.
- You can pay extra to have a US address for legal stuff.
Signing Up Is Pretty Easy
Stripe Atlas has a website that’s easy to use. You just fill out some basic info about your business and its owners, and they take care of the legal paperwork. They’re pretty quick, too, usually finishing everything within 24 hours. But some people have said they had a bit of trouble finding documents on the website or remembering important dates.
How Much Does Stripe Atlas Cost?
It costs $500 to sign up for Stripe Atlas, which includes all the services mentioned before. This is a decent price compared to some other options, but there are cheaper ones out there. Plus, if you want the US address service, that’s an extra $100 every year.
See the cheapest way to open a US stripe account with an LLC
Stripe Atlast Is Not Good For Everyone
Stripe Atlas only sets up businesses in Delaware, which might not be the best choice for everyone. Also, while they help you start your company, they don’t help much with ongoing legal or accounting stuff.
Who Would Like Stripe Atlas
- People starting a business from another country
- Tech startups that focus on selling things online
- People starting a business for the first time
Other Options to Think About
Before you decide on Stripe Atlas, you might want to look into other services like Bizee or Northwest, which can be cheaper and work in all 50 states. Or you might want to talk to a startup lawyer if your business is complicated or if you want to set up in a specific state.
See the cheapest way to open a US stripe account with an LLC
The Final Word
Stripe Atlas is a good choice if you want an easy way to start a US company, especially if you’re from another country or if your business is online. But it’s not perfect — it’s a bit pricey, it only works in Delaware, and it doesn’t help much after you’ve started your company.
So, is Stripe Atlas right for you? If you want a smooth start with Stripe and you’re okay with Delaware, then yes. Otherwise, you might want to explore other options that better fit your needs and budget.
See the cheapest way to open a US stripe account with an LLC
