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As I understand it, Atlas does a few things: 1. They automate the process of establishing an LLC within the US 2. They provide a lot of boilerplate legal docu
by d4mi3n 5y ago
As I understand it, Atlas does a few things:
1. They automate the process of establishing an LLC within the US
2. They provide a lot of boilerplate legal documents (formation documents, tax registration, etc).
3. They partner with banks and legal services to get Atlas customers a discount on auxiliary services (layers, accountants, business bank accounts).
There may be more to it than that, but that's all I've seen of the service thus far. My incorporation needs were pretty simple and I'm already a Stripe customer, which was the main driver for me to try out Atlas.
- martinald 5y agoAs a UK person it seems insane this is even a thing. It takes £12.50 and about 5 minutes to set up a limited company here via a pretty slick govt process. The govt provides boilerplate legal documents and automatically sets up the tax registration. When it comes to filing yearly accounts the govt site for companies turning over less than around $1m automatically files the accounts for you and works out your tax liability.
- noodlesUK 5y agoIt’s funny, the US is an incredibly burdensome place to set up and run a business. That being said, it’s easier to do small amounts of self employment work without needing any real paperwork, as you don’t need to set yourself up as a sole trader the way you do in the UK.