6 ms·
Do you plan to offer incorporation in other business friendly countries - say singapore?
by boundlessdreamz 10y ago
Do you plan to offer incorporation in other business friendly countries - say singapore?
- ovi256 10y agoThat would be very interesting because it would remove all risk for the founders of being considered "US persons", which has unexpected and unpleasant consequences such as not being accepted as a client by many non-US banks or financial services. It is not clear to me at the moment if incorporating currently through Atlas makes a foreign, non-US resident founder into a US person, or not.
- soloadventurer 10y agoHave you considered http://startupr.com http://startupr.com? I am not affiliated with them, but are using them currently and they are providing great service.
- wut42 10y agoStartupr looks nice but it doesn't seem to come with a bank account. Last time I've heard it's hard to get a bank account for a company abroad.
- soloadventurer 10y agoKYC rules require you appear in front of the bank officer to open a bank account. If you are going to spend money on opening a company, and are prepared to pay the annual maintenance costs going along with financial statements, tax returns, and other reporting, you should be prepared to travel somewhere and open a bank account. Running a company is NOT cheap.
- wut42 10y agoI know that, yes. But it seems that Atlas somehow don't require you to travel to the US for KYC.