Do you need a US company to get paid online?

Forming a US company is the most-repeated advice for founders in countries without Stripe. It works, but it is rarely the right first step.

What it unlocks

• A Stripe account and US banking for the company.
• Easier contracts with US clients and investors.
• Lower per-sale fees than a merchant of record once revenue is significant.

What it really costs

Stripe Atlas charges $500 one-time to form the company. After the first year you pay recurring costs: state fees and taxes, a registered agent, and US tax filings — and often an accountant to prepare them. You are also responsible for VAT and sales tax on your sales unless you add a tax tool.

Your home country may also tax the company's profits or require you to declare a foreign company. Ask a local accountant before forming one.

Stripe Atlas is not the only option. Services such as Firstbase also form US companies for founders abroad, with different company types, states and add-ons. Compare the total yearly cost, not just the setup price.

A simple rule

• No revenue yet: start with a merchant of record. Prove people will pay.
• Steady revenue, and fees or limits are hurting: compare the yearly cost of a US company with the fees you would save.
• Raising money from US investors: a US company is usually expected.