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I looked into setting up a Delaware parent holding for my Startup Chile startup as I wanted to use Stripe. What stopped me was the need for an American social
by ebaysucks 15y ago
I looked into setting up a Delaware parent holding for my Startup Chile startup as I wanted to use Stripe.
What stopped me was the need for an American social security number.
To be clear: This is what the Stripe signup required, I can only assume they need it for all the merchant account magic they do.
- BenSS 15y agoBuddy up with someone from HN? I'm now curious as to the logistics of having someone in the US setting up an LLC (only takes a couple weeks at most) for overseas operations.
- furyg3 15y agoThe person with the US SSN has to be listed as an owner of the company. So some (relatively large) degree of trust is involved...
- ericabiz 15y agoYes, and there is substantial risk for the American involved too. If listed as an owner, you're the one who gets served if the corporation gets sued in the US. So it's never as easy as "find an American and get paid", unfortunately.
- blackiron 15y agoI am looking forward to apply for startupchile, a little research on payment gateways has pointed me to dineromail.com, have you evaluated that option?.
- ebaysucks 15y agoI'm arriving end of this month for the Nov 3 batch, what I know so far of local options is that webpay.cl is the local PayPal which a lot of companies use. Thanks for the tip.
- mahyarm 15y agoHow about an ITIN? Same length as an SSN, let's stripe find a blank credit history. I would ask the stripe guys about it. http://www.irs.gov/businesses/small/international/article/0,,id=96696,00.html http://www.irs.gov/businesses/small/international/article/0,...
- obvio171 15y agoYep, you don't need to be a citizen or resident to do that. I have a Brazilian friend (Diego Gomes, founder at EverWrite) who went through the whole foreigner-incorporating-in-the-US-without-living-here thing and is posting details about it on their blog (the next post is exactly about ITIN and merchant accounts): http://myeverwrite.com/blog/ http://myeverwrite.com/blog/.