Do you want to setup a verified stripe for non us citizens or non supported countries?
You probably may need a stripe account for your dropshipping business at Shopify, other platforms or for other reasons.
Stripe is an online payment processing for internet businesses. It builds the most powerful and flexible tools for internet commerce.
Whether you’re creating a subscription service, an on demand marketplace, an e-commerce store, or a crowd funding platform etc stripe helps you accept payment without stress.
Stripe payment gateway is unfortunately unavailable to people outside the United States (US), and it has become a pain in the ass to anyone running an online business and wishes to use stripe to accept payments.
It’s no longer a joke, that, stripe is easy to setup with seamless integration, with attractive features and prices. No activation or setup fees, just a 2.9% + 0.30 cents per successful card charge.
In this guide, you’ll learn how to setup a verified stripe payment gateway for Non US Citizens or residents (unsupported countries) and you can then integrate into your e-commerce store/business website and start accepting payments in different manners.
My country is not also supported in Stripe, but I still have a functional stripe account with which I use to accept online payments.
If you need a verified stripe account to accept payments online, maybe on your shopify store or anywhere, read along.
Whatever is your country, India, Nigeria, Pakistan and non-us citizens, you’re welcomed to follow the guide on this blog to setup a verified stripe account in 2020.
And this guide is the latest and the best way to open a verified stripe account for non us citizens.
- 1 Introduction
- 2 How to Form an LLC with EIN/TAX ID?
- 3 How to Form an LLC at Inc Authority
- 3.1 Step 1: Go to IncAuthority.com
- 3.2 Step 2: Select Entity Type and Filling State.
- 3.3 Step 3: Enter Your Personal Details
- 3.4 Step 4: Enter Your Business Details
- 3.5 Step 5: Business Address
- 3.6 Step 6: EIN/Federal TAX ID
- 3.7 Step 7: Operating Agreement
- 3.8 Step 8: Addons
- 3.9 Step 9: Make Final Payments
- 3.10 Step 2: Enter your details & company details and pay
- 4 Conclusion
- 5 How to Start Dropshipping with Stripe?
- 6 Conclusions
- 7 Popular Q&A
- 8 1. How can I get a US bank account?
- 9 2. Can I use my Country ID to verify my Stripe identity without using a US ID?
- 10 3. After forming my LLC at IncAuthority, they sent me additional forms to fill, how do I fill them?
- 11 4. How long does it take?
To setup a verified stripe account that lasts and never get banned or disabled, you’ll need the following:
- LLC Company Formation.
- EIN/Federal Tax ID.
- US Phone Number
- US Address.
- US Bank Account.
- Your undivided attention for 5 minutes.
Yes. You need a LLC and EIN/TAX ID to setup a US Stripe account.
This means you need to have a company/business in the US to use Stripe.
The advantages of opening an LLC does not only end at Stripe. You can bodly tell your customers your business is registered and with the formation documents, you can show your documents in the about page or contact us.
And it won’t be a great deal, as I have come up with easy way to do that yourself.
Before forming an LLC, you need to come up with your choice of business name.
To form an LLC, you need to choose a state in US where you would form your LLC.
Each state has it’s own annual tax fee which must pay yearly, so be sure to choose wisely as some state annual fees are expensive e.g California.
But read it, we will help you form your LLC with a state whose annual tax fee is pretty low.
How to Form an LLC with EIN/TAX ID?
We’re going to recommend an affordable way to form your LLC and EIN to setup your Stripe account and we will also include a free guide to use your details to signup for a stripe account that won’t get banned or restricted.
To form your LLC, you need to choose a state in US where you want it formed.
And in the post, we are going to recommend you form your LLC in Kentucky, and here’s why:
- $15 annual tax fee.
- Cheap filling state fees.
Do you know, if you form your LLC in California, you are going to pay $800 annual tax fees coupled with the expensive fee to form the LLC?
If you formed your LLC in delaware, you’ll pay $300 annual tax fee with an expensive filling state fee to form the LLC?
And you pay these tax whether you made profit or not.
We have researched and found Kentucky to be one of the cheapest places to form an LLC.
And in this guide, you’re going to form your LLC and get your EIN/TAX with only $178.
All you have to do is follow our instructions carefully.
How to Form an LLC at Inc Authority
If you’ve decided to start your LLC and most especially with just $178, then you can go ahead and form your LLC as soon as you can before it’s too late.
At Inc Authority, you’re going to form your LLC and get your EIN/TAX ID. Follow the simple guidelines below to complete the signup. It’s easy and takes just a few minutes. All you have to do is choose your state, enter your business name, and form your LLC!
Step 1: Go to IncAuthority.com
When you arrive at IncAuthority.com, click on the “start now for free” tab.
Step 2: Select Entity Type and Filling State.
In your entity type, select Limited Liability Company (LLC) and in the Formation State, select Kentucky.
Click on Save & Continue.
Step 3: Enter Your Personal Details
In this step, enter your First and last name, email, and contact phone number.
You’ll need a US Phone number, download DingTone from the play store and buy a US Phone Number for $14.99/year or buy a Skype number at $7.99/month. Both support Calls/SMS.
DON’T use the one in the photo below.
Click on save and continue.
Step 4: Enter Your Business Details
Enter your business name and business description (if you have a clothing online store, say you have an online and you sell clothing and apparel).
A brief description of your company, a sentence or two describing your business.
Select your business benefit and click save & continue.
Step 5: Business Address
You need a US Address to continue in this step, go to Shipito.com and signup.
You’ll get a US address instantly, use it, and continue your signup. Takes just 1 minute.
In your US Address, note that CA means California.
Step 6: EIN/Federal TAX ID
The interesting part about Inc Authority is they get an EIN for you at $49, which is considered as the cheapest place to get one. Others charge from $95 and above.
You need to include the EIN/Federal Tax ID which is very important!
Click save and continue.
Step 7: Operating Agreement
An operating agreement is important because it provides proof you own the business.
In case any problem occurs in the future, you can be able to correct them with your operating agreement and in case of Stripe requires it.
Select the operating agreement and proceed with the form.
Step 8: Addons
The next pages contain Addons and they include the following:
- INC Protection Advisor. $27/month.
- LawSuit Protection. – $99.
- Express Delivery – $49.
- Domain Name – $29.95
- Business License Package – $99
All these ad-dons are less important, so you can skip all of them until you get to the payment stage.
Step 9: Make Final Payments
In the end, you’ll only be paying for State Filing Fee, EIN, and Operating Agreement.
Other formation companies charge a lot for offering this service but IncAuthority Charges $0 Service fee.
Now you need to make payment using either Debit/Credit Card or PayPal.
For the Delivery Option, you can select $0 free delivery (Electronic Delivery) and they will be delivered to your email.
Step 2: Enter your details & company details and pay
Note: In the full name section, enter the name as it appears on your ID card.
Cross check your inputs and place your order.
Other formation companies charge a lot for offering this service.
Many formation companies charges from $500 – $1000+ to form a US Company depending on the features.
IncAuthority makes things a lot easier for you, more like affordable for you and you get to spend just $178 if you follow the procedures above.
All formation company documents will be delivered to your email.
Finally, that is all. You’ve successfully ordered your LLC Business Name and EIN/Tax ID.
Next, you’ll need to set up a Stripe account with the details they’ll deliver to you.
How to Start Dropshipping with Stripe?
After you must have formed your LLC and EIN/Federal Tax ID and they have been delivered.
You’ll need to use the details to setup a verified stripe account at stripe.com and you need to be careful while doing this because their bots are intelligent enough and conversant to detect any mistake you make.
If you’re confused in any step, make sure to contact us on our contact page.
Ater following the guides on this post, you should be able to form your LLC, get your EIN and setup your stripe account for your business.
Here’s the summary:
- Form your LLC and EIN at IncAuthority.
- Start using Stripe for your business!
If you have any questions and confused at any process, do let us know by dropping it at the comment box.
Don’t forget to share! It’s quite a helpful guide on how to open a stripe account in Nigeria (for non-US citizens or residents (Non-Supported countries) !
Updated recently in 2020.
1. How can I get a US bank account?
Answer: You can get a US bank account at Payoneer.com, sign-up as an individual using your personal details.
Another option is a Mercury US bank, but you need a US company + EIN to complete the application. So, form your company and get your EIN then use it to apply for your mercury US bank account.
2. Can I use my Country ID to verify my Stripe identity without using a US ID?
Answer: Yes, stripe gives the option to select your home country and upload your ID.
3. After forming my LLC at IncAuthority, they sent me additional forms to fill, how do I fill them?
After forming your LLC, they will send you an EIN form to fill and another form to enter the list of members.
Filling the EIN form is easy, enter your full name where they needed it, enter your US address where it’s wanted.
In the SSN section, enter FOREIGN in the box. This means you’re a non-US citizen and has no SSN or EIN yet.
In the member’s form, enter your full name and enter your US address.
If you’re a team, enter their names and US address.
(US address can be the address you got from shipito or the one you bought).
For further questions, please mail me from the contact form in menus.
4. How long does it take?
Answer: It takes less than 7 days for your LLC Formation to be ready and it takes 4 weeks for your EIN/TAX ID to be ready via FAX from the IRS (delayed due to COVID). If it exceeds 4 weeks, contact us and we will call IRS on your behalf to expedite the process.