@leanux_bala this is awesome - i know so many companies in the UK that wonder whether incorporating in the US will help them raise capital so this seems like this will help spur the startup industry in other places and help even out all the venture density from the US to other parts of the world! great going Stripe!

@leanux_bala This is pretty awesome. I run my company from Australia and as modern as our banking system is, there are some real challenges in being an AU company targeting US customers and suppliers: - With this, I will no longer need to convert $US sales into $AU for my bank account before I put it back into $US to pay my suppliers - With this, I won't get charged the extra 1.25% when a purchase is made using a non-Australian card (ie, 90% of my customers) - (Edit: Looks like I'll still be paying 2.9% + 30c per transaction. This is odd, as with Stripe AU it's 1.75% + 30c for domestic cards) - With this, I could potentially run my next Kickstarter in USD rather than AUD (which is a real problem with our currency disparity) These three things make a huge difference to my business. I've looked at registering a US entity before, but there's no turnkey way to do it.. until now.

@leanux_bala I cannot tell you how stocked I am, after reading about Stripe Atlas. It just might be the solution to every f***ing payment problem my team have been dealing with for past five years (being in a 3rd world country). We are huge fans of Stripe! It's integration the user experience and overall simplicity.

@leanux_bala Tons of potential here for @stripe's growth and impact on entrepreneurs + startups worldwide. We're looking forward to adding Atlas to our portfolio companies... and our own products too. Keep up the great work @BestOfLuk and Stripe growth team! Ross D. Blankenship Angel Investor & Builder | http://angelkings.com

@ricardpanades Nope, you'll still need to pay taxes locally wherever applicable. I don't have much advice on the specifics for Spain, but we partnered with PwC who can assist from a U.S. perspective and introduce you to the cross-border tax considerations when setting up with Atlas. This should help make sure you stay compliant with local laws.

@ricardpanades While using Stripe Atlas to incorporate in the US isn't tax evasion, the company would still need to report to the tax authorities in Spain (and the US) and pay tax there. Failing to do so would be tax evasion. While I understand this can be very useful to process payments, you need to understand the Pandora's box of international tax complexities you are opening by running a US incorporated entity from Spain (or any other country). After all, Stripe is already available in Spain, so why bother. You will not pay less tax (you might even pay more), but instead increase your cost of tax compliance by an order of magnitude. Not to mention all the extra work. I'm not saying Atlas isn't suitable for anyone. For high-growth, VC-funded startups, having a US presence might make sense (investors like investing in Delaware C-corps). The same for someone from a third world country lacking access to decent payment processing, etc. But in the latter case it might be better to look at other jurisdictions than the US, for example Estonia. But most small to decent-sized businesses in reasonably developed countries should think at least twice (i.e. talk it over with a qualified international tax professional in your home country) before signing up for Atlas or otherwise incorporating in the US. If you think your own tax code is bad/complex/insane, you haven't seen the US one.

Thanks for the shoutout @datarade. We don't quite have the ProfitWell twitter handle, so find us at @priceintel. Love what Stripe is doing here, continuing to be revolutionary in the world.

@davidiwanow Yes! We're pretty excited to see what people build.

@sch @davidiwanow this is bigger than the Taco Bell Quesalupa ()

@izayats Nope! https://stripe.com/atlas/faq#Do-...

@h_halvi I am also from India. If you utilized Stripe Atlas and incorporate a U.S. Delaware company, do you need to pay taxes in both US and India?

@bearsilber It says in FAQs they may do LLCs in the future

@edowling Stripe has always been great about servicing Australia. I remember when they came out here and only let you take payments in AUD, but they were driving the USD payments so hard - I'd sent an early e-mail inquiring about being able to take payments in USD and actually got a personal follow-up from someone when they released it into beta. Every interaction I've had with them has been great, even when the answer is "no, you can't do that". I've just recently (last week) changed my payment gateway completely over from Paypal to Stripe. Really excited about the new opportunities that Stripe Atlas might bring me. Our banks here, while they do a great job, just don't have sensible products that cater to modern online businesses.

@jason_likealike The day woke up and I received the email that my startup got accepted, I jumped from my bed and screamed yes 3 times. It was very good. As a non US founder, I was waiting 4 years for this full package solution. Stripe Atlas does it the right way.

@vietnguyen so are you in the program right now? i've applied but haven't got a response yet... our release date will be on the first week of september so i'd better get hurry... is there any fater way you think we'll get accepted other than getting a referral from their partners?

@jason_likealike I waited for months. I would not care about the incorporation date and release the product when I like. Having a referral is the best way, otherwise u would have to wait like me :(

@vietnguyen I guess I gotta do my best to get a referral then... thanks for your help, Viet! 👊 lemme know if there's anything i can help down the road if any... :)

@vietnguyen I'm about to get in the program - got an application link leading to the next step. How do you find the program so far?

@jpvalery Yeah I'm pretty determined that the next KS I run will be as a US entity... do you still need a US resident as part of your team or is company sufficient?

@jpvalery From what I can see you still need a US social security number and a (personal) US address to run a Kickstarter in USD

@rossdcurrie Good to know. But if I recall correctly the experience of friends launching a KS before it was available in France, they only needed a company registered in the US. We'll see !