If there is anyone who used Atlas before, could you please provide a feedback on this service?
I do not work for Stripe and have no official affiliation other than the fact that I use it.
While I have not personally used Stripe Atlas, I do use Stripe for all my web apps, specifically my SaaS and pay-as-you-go invoicing.
Obviously, Stripe is a company that charges 2.9% + $0.30 so they are in it to make their own money while also providing something of great value to many companies and especially developers who had no other way to charge, but to use Paypal.
I've since released a few web apps into the wild and it has caught a fraud charge, while also processing many other legitimate ones, so in what it does, Stripe actually makes the whole process of charging, subscriptions, recurring payments, and even catching of fraudulent easy.
Pretty sure that they have your business interest as the heart of their own company goals because if you are successful in your business endeavors, they are obviously going to benefit from that as well.
And opening it up to places outside of the United States can only drive even more business for you and for them.
Complete package
Stripe Atlas has been designed as a turn-key solution for entrepreneurs. Atlas components cannot be used individually (e.g., you can't use Atlas just to open a bank account without also incorporating a company.)
Establishing and running any business has both initial and ongoing costs. Stripe Atlas has a one-time fee of $500 (all prices are in USD) that covers:
* Incorporating your company in Delaware
* Opening your business bank account at Silicon Valley Bank
* Registering your company with the U.S. Internal Revenue Service (IRS)
* Your first year of Delaware registered agent services
Source: https://stripe.com/docs/atlas
I understand. It might sound steep and you will certainly want to look at other options, but getting business from the United States could definitely be very beneficial.
I do some volunteer work for a company in Malaysia and I know they are using BrainTree and Paypal.
This HN discussion might help your decision: https://news.ycombinator.com/item?id=12070089
Here is also an outside source comparing Stripe Atlas and BrainTree and others: https://www.business2community.com/finance/best-payment-plat...
https://home.kpmg.com/ie/en/home/insights/2017/12/us-tax-ref...
I don't think things like the new "base erosion anti-abuse tax" would affect you, but I don't know so, and I don't know what other surprises might be unearthed once lawyers and accountants get back to work in January and start combing through it.
Just incorporating via Clerky is setting up the initial business can cost around $700. And this is without trying to get a bank account or legal advice.
So basically... look into Atlas IFF you want/need a C-Corp.