Today, I’m going to be sharing with you the best stripe atlas alternatives you can use to incorporate your business in the US from any part of the world.
Creating a company in the US has several advantages, which I’m sure you’re very much aware of.
A few of these include having easier access to capital for your business. And also the ability to be able to use the Stripe payment gateway to process payments for your online business.
However, that isn’t the reason we are here today, is it?
Stripe Atlas is one of the most powerful and easy-to-use platforms out there that helps entrepreneurs like you and me launch a start-up company in the US.
And this, of course, is from any part of the world in a reliable and safe way.
So if you’re a non-US citizen and you want to incorporate a business in the US and looking for a better alternative to stripe atlas, then today is your lucky day.
Basically, using Stripe Atlas, you’ll be able to do the following:
- Form a C Corporation or LLC in Delaware
- Obtain EIN for tax purposes
- Create a Stripe Account
- Open a US business bank account
- Finally, connect with legal and tax experts.
And all these will be done with a flat fee of $500 only. However, I should point out the fact that there’s still some additional cost for running your business in the US.
- Bank Account Maintenance – $25 per month (C Corporation Only)
- Delaware Registered Agents – $100 per year
- And a few optional fees like Tax preparation etc.
So even if you’re doing this to set up a stripe account, this is still pretty much everything you’ll go through.
The Best Stripe Atlas Alternative
As I said earlier, the only way to successfully set up a stripe account is to have both your LLC and EIN created.
But doing that with Stripe atlas will cost at least $500 to set up, which may be high for someone with less budget.
In this post, I’ll show you how you can set up your LLC and get your federal TAX ID with less than $200.
As a matter of FACT, with less than $290, you’ll be able to incorporate your business in the US, get your EIN, and set up your stripe account successfully.
So, if you really need help with the best stripe atlas alternative, then this post is for you.
I’m equally not based in the US, but I have my business set up in the US, so I can use Stripe to process payments on my websites, which is way better than PayPal.
I could do this using North West Registered Agent and New Mexico as my business state because it’s relatively cheap.
The good news is I’ve been able to partner with them because I know many people will need this service and I want them to have it at the best place.
Coming from someone who also is a non-resident of the US, I know how beneficial it can be for your online business.
Why Northwest Registered Agent is Our Best Stripe Atlas Alternative
When it comes to turning your entrepreneurial dreams into a reality, choosing the right partner for business incorporation is crucial.
Northwest Registered Agent stands as a beacon of trust and expertise in the field of business formation services in the United States.
With a commitment to simplifying the complex process of starting a business, Northwest Registered Agent has earned its reputation as a reliable and comprehensive solution for entrepreneurs and small business owners.
While both Northwest Registered Agent and Stripe Atlas offer valuable services for business incorporation, there are distinct reasons why you might consider Northwest as your preferred partner:
Northwest Registered Agent is renowned for its exceptional customer service.
They assign a dedicated expert to each client, ensuring you receive personalized guidance throughout the incorporation process.
This level of attention can be invaluable, especially if you’re new to the intricacies of business formation.
Registered Agent Services:
Northwest Registered Agent’s primary focus is on being a registered agent, which means they excel at handling legal and compliance matters on your behalf.
This service goes beyond what Stripe Atlas offers, giving you peace of mind that your business stays compliant with state regulations.
Northwest Registered Agent can assist you in forming a business in any state in the U.S., offering a broader geographical reach compared to Stripe Atlas, which is limited to specific states.
Northwest Registered Agent is known for its transparent and straightforward pricing, making it easier for you to budget for your business formation needs.
You’ll know exactly what you’re paying for with no hidden fees.
Experience and Reputation:
With over two decades of experience, Northwest Registered Agent has established itself as a trusted name in the industry.
Their reputation for reliability and efficiency speaks volumes about their commitment to client success.
Northwest Registered Agent offers a range of additional services, such as annual report filings, EIN acquisition, and mail forwarding, which can be essential for managing your business’s ongoing compliance and communication needs.
How to Incorporate Your Business with Northwest Registered Agent
Northwest Registered Agent is known for its transparent and straightforward pricing, making it easier for you to budget for your business formation needs. You’ll know exactly what you’re paying for with no hidden fees.
Setting up your LLC with Northwest Registered Agent is really straightforward; I’ve broken it down into the step-by-step guide below.
Even going through their reviews on Google reviews should show you what to expect.
Now let’s proceed to form your LLC at Northwest Registered Agent. All you need do is follow the steps, and your LCC and Tax ID will be set up.
Step 1. Head Over to Northwest Registered Agent
First, you need to head to Northwest Registered Agent to get started. Upon getting to the web page, click on the “Let’s Get You Started” button…
The next page is your business entity type and the state you want to form the LLC.
Step 2. Choose Your Business Entity and State
Simply choose LLC (Limited Liability Company) from the drop-down menu and choose your state. You can go with New Mexico because of the low cost and the free annual tax fee.
The business formation fee itself is $39, and the state fee for New Mexico is $50 as you can see from the image above.
You can also see the option of spending it up below the state. The opt 6 days, 4 days, and 2 days processing for your business formation.
After that, click on “Continue”
Step 3. Enter Your Companies Information
As I said earlier, you’ll need to pick a name for your business and a search will be carried out on it to check if it’s still available.
Your business name will be created immediately upon state approval if it’s available. However, in the case where your proposed business name is not available, you’ll need to adjust the name or find another one.
But it’s not going to cost you any additional fee!
What you need to do here is enter your proposed business name, A good example is Smartbizfreedom LLC and also write a short description of the business.
Another good option for using a Northwest registered agent is the fact that you don’t have to bother about a US address for your company.
Northwest registered agent gives you the option to use their address as your business address. Some other agents require you to rent a virtual address for this.
But with Northwest Registered Agent, it won’t cost you extra money. For the mailing, you could also use them only if you don’t have a mailing address option.
If you want your physical documents, add a US mailing address for this option.
Step 3. Enter Management For Your Company
The next step is about the business owner. At this stage, you’ll need to if the business is member-managed or manager-managed.
Next, tick the “Omit Members/Manager with the state, which will keep your business details private from the state you’re forming it. After that, indicate how many members will be in the company.
Since it’s a single-man business, you can leave it at one member and then enter your name as you can see mine from the image above.
Step 4: Create an Account with Northwest Registered Agent
At this stage, you need to create an account with Northwest registered agent so you can manage your business from their dashboard.
As you can see from the image above, enter your email address and create a password for logging in to your Northwest registered agent account.
After that, click the continue button.
The next thing you want to do is enter your contact details, which will be your contact details for Northwest Registered Agent.
So make sure it is your original details and the country you’re living in.
Step 5: Getting Your Tax ID (EIN)
Northwest registered agents will get your EIN or Tax ID for just $200 if you don’t have an SSN or you’re a foreign entity, which is relatively cheap compared to other services out there that may look cheap but have hidden charges.
Northwest is 100% transparent about all the money you’ll be paying.
So you’ll only pick the Tax ID here; other things are additional upsell. For the phone service, I did a video on how to get one at an affordable price.
Step 6. Pay and Checkout
The last thing left here is to enter your card details, make the payment for your business registration, and get your EIN as soon as possible
Opening Your Stripe Account
Once your business LLC is registered, your business will receive a tax ID equally. Which is part of what we need to create your Stripe account.
To create your Stripe account, head over to Stripe.com and create your account. Enter your email address and full name.
After the registration, you’ll need to activate it by filling an account application. In the application, you’ll need to enter your US company details, EIN, your personal details, and a digital copy of your government-issued ID.
Once everything is done correctly you should be approved in a few days.
After this, you can now successfully use stripe to process payments on your website. All your funds will be remitted to your US bank account.
Opening a US Bank Account
Once this is done, you can now have your funds move to Payoneer and cash it in your local currencies. It’s as easy as that.
However, you need to access your Stripe account to do this. From your account, you can proceed to the payout sections and add your Payoneer account number and that’s it, you’re all set up.
You are now a proud owner of a business in the US plus you can also process payments with stripe. Isn’t that cool?
Having done everything currently, you should have your business fully set up and legalized in the US.
Northwest Registered Agent has been around for a very long time and coupled with their amazing customer care, which is way better than Stripe Atlas, you should have no problem with your business formation.
So that’s it on our best stripe atlas alternative for business formation; let me know your thoughts on this using the comment section.