Hacker News Reader

Bank account is not required to incorporate in the US. Whoever is telling you this hasn't done their homework.

Sorry, Its a mistake on my part. I'm going to launch a SaaS product, Bank account is mandatory for billing, not incorporating.

Why use the US and not a jurisdiction like the UK?

probably because in UK (and EU) the online billing solutions are a nightmare. I would do the same - just to be able to use Stripe.

Based on a chat with Stripe around last Startup School, you can not use Stripe by just incorporating in the US without being physically present in US.

How do they evaluate physical presence? exactly.

Not sure how Stripe does it, but could be based on utility bills or a social security number.

Use Earth Class Mail to get a street address, or use the address of your corporate agent.

Reply on news.ycombinator.com