Stripe atlas alternatives

Stripe Altas Alternatives in 2019

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What did you hear about Stripe Atlas?

Stripe Atlas is a powerful, safe, and easy-to-use platform for forming a company. By removing lengthy paperwork, bank visits, legal complexity, numerous fees, and non-obvious decisions about what services to use, Stripe Atlas helps you launch your startup from anywhere in the world.

Stripe Atlas helps entrepreneurs start an internet business. Specifically, Stripe Atlas helps you:

  • Form a C Corporation or Limited Liability Company (LLC) in Delaware.
  • Obtain a U.S. Employer Identification Number (EIN) for tax purposes.
  • Open a U.S. business bank account.
  • Create a U.S. Stripe account to accept payments from around the world.

They provide all of these for you at the cost of $500 only.

In other words, the only way to setup a verfied stripe account, is to have the following requirements:

  • Limited Liability Company (LLC).
  • EIN/Federal Tax ID.

When you get hold of that, you can successfully open a stripe account and start accepting payments on your online store or whichever reason you want it for.

Coughing out $500 may seem a little expensive for you if you’re going with stripe atlas, but you can form an LLC and get an EIN/Federal Tax ID to setup a stripe account with only $179 and it’s not a joke!

However, we would be looking at the Stripe atlas alternatives, your options shouldn’t be limited and that’s why we’ve come up with this guide, to choose from.

Whether you need a stripe account for your drop-shipping Shopify store, WordPress or something else, you’re at the right place.

Stripe Atlas Alternatives in 2019

Our alternative is going to be how to setup a verifed stripe account the normal way.

And that includes forming an LLC and getting your EIN/Federal Tax ID.

1. Setting Up a Stripe Account:

Previously, we mentioned you need a Limited Liability Company (LLC) and EIN/Federal Tax ID to setup a verified stripe account.

And we promised to show you exactly how to do that with only $178.

We would be forming our LLC and also get our EIN at IncAuthority.

This is our recommended and affordable place to form an LLC without selling your soul.

If you’re in, then follow the short tutorial below and form your LLC and EIN.

Step 1: Go-to IncAuthority.com

When you arrive at IncAuthority.com, click on the start now for free tab.

stripe atlas alternatives

Step 2: Select Entity Type and Filling State.

In your entity type, select Limited Liability Company (LLC) and in the Formation State, select Kentucky.

Click on Save & Continue.

stripe atlas alternatives

Step 3: Enter Your Personal Details

In this step, enter your First and last name, email and contact phone number.

You’ll need a US Phone number go-to CallHippo and get a US Phone Number at $8.

Click on save and continue.

stripe atlas 2019

Step 4: Enter Your Business Details

Enter your business name and business description (if you have a clothing online store, say you have an online and you sell clothings and apparel).

A brief description of your company, a sentence or two describing your business.

Select your business benefit and click save & continue.

stripe atlas alternatives
stripe atlas

Step 5: Business Address

You need a US Address to continue in this step, go-to Shipito.com and signup.

You’ll get a US address instantly, use it and continue your signup. Takes just 1 minute.

In your US Address, note that CA means California.

stripe atlas

Step 6: EIN/Federal TAX ID

The interesting part about IncAuthority is they get an EIN for you at $49, which is considered as the cheapest place to get one. Others charge from $95 and above.

You need to include the EIN/Federal Tax ID which is very important!

Click save and continue.

alternatives to Stripe atlas

Step 7: Operating Agreement

Operating agreement is important because it provides proof you own the business.

In case any problem occurs in future, you can be able to correct them with your operating agreement and in case Stripe requires it.

Select the operating agreement and proceed with the form.

alternatives to Stripe atlas

Step 8: Addons

The next pages contains Addons and they include the following:

  • INC Protection Advisor. $27/month.
  • LawSuit Protection. – $99.
  • Express Delivery – $49.
  • Domain Name – $29.95
  • Business License Package – $99

All these ad-dons are not important, so you can skip all of them until you get to the payment stage.

Step 9: Make Final Payments

At the end, you’ll only be paying for State Filling Fee, EIN and Operating Agreement.

Other formation companies charge a lot for offering this service but IncAuthority Charges $0 Service fee.

Now you need to make payment using either Debit/Credit Card or PayPal.

For the Delivery Option, you can select $0 free delivery (Electronic Delivery) and they will be delivered to your email.

alternatives to Stripe atlas

Finally, that is all. You’ve successfully created your LLC Business Name and EIN/Federal Tax ID.

Next, you’ll need to setup a stripe account with the details they’ll deliver to you within 7 days since the Kentucky Delivery Time is 7 days.

Please note, the EIN/Federal Tax ID will be delivered within 2-3 weeks, so, your details need to be complete before signing up for a stripe account.

Setting Up a Stripe Account

After you must have formed your LLC and EIN/Federal Tax ID and they have been delivered.

You’ll need to use the details to setup a verified stripe account and you need to be careful while doing this because their bots are intelligent enough and conversant to detect any mistake you make.

We have prepared a FREE 5 pages guide on setting up a stripe account using your LLC Business Name and EIN/Federal Tax ID.

Download it here!

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2 Comments

  1. First of all. Thank your so much for all shared information in your posts.

    Now. Why do you recommend Kentucky instead Delaware, Oregon or other ? I’m interested in setting up a LLC for shipping related and other for bitcoin. Any recommendations??

  2. Hi there, we recommend Kentucky because it has low filling state fee and a yearly tax fee of $15, while Delaware has an expensive filling state fee with a yearly $500 tax fee.

    If you think it’s nothing to you, then please head over to IncAuthority.com and select Delaware to form your company.

    Good luck.

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