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Unless you really want a U.S company(maybe cause your target market is the U.S. and you plan moving there someday), does it really makes sense to use Atlas if y
by Scarbutt 9y ago
Unless you really want a U.S company(maybe cause your target market is the U.S. and you plan moving there someday), does it really makes sense to use Atlas if you are based off in Germany? Germany being a Stripe supported country.
Atlas makes more sense for people living in countries where Stripe is not supported but still want to use Stripe, the perk is, you have to pay high U.S. taxes that you won't enjoy and you will still have to pay German taxes from your U.S. income because you are a German citizen?
- arvidkahl 9y agoI run a SaaS business with almost all of the customers in the US from Germany, using a German stripe account. Credit card support is very limited, as any transaction will look like an international charge to the credit card vendor. This results in two situations that happen quite often: the card gets declined flat out (any kind of debit card, Discover, some AmEx) or the customer has to call their bank to allow for the charge. I had to build a customer support automation to help the customers understand that it’s not their problem. It is a bearable problem, but moving the accounts over to the US would reduce this friction, which happens at one of the most relevant times for retention.
- technics256 9y agoStripe Atlas solves this problem for you right, having a bank account with SVB? I'm an American, living in Germany, doing something very similar.
- csomar 9y agoNo. It would make more sense to incorporate in SG or HK and then use Stripe since it supports both of these countries. The only reason why you want to incorporate a C Corp in the US is if you want to go big: Get investors, sell ownership (stock), IPO, etc...
- Scarbutt 9y agoCan you open companies/bank accounts remotely in SG or HK?