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At the end of this Post, You will Learn How to Open Verified Stripe Account as a Non US resident, Steps to integrate Stripe Payment method to your Website and how to Use stripe from Non supported countries like : Nigeria, Ghana, Kenya, south etc. In addition, You will learn how to Buy verified stripe account at affordable rate.
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.
List Of Stripe supported Countries for Business
At the time of writing this post, Stripe business account can be Created from 34 different countries. (officially stated). Below is the list.
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.
As for Nigerians, I keep getting the question:
- Can I use stripe in Nigeria?
- How to setup verified stripe account in Nigeria?
- Does stripe store in Nigeria?
- … and lot’s more.
Whatever is your country, India, Nigeria, Pakistan, India, and non-us citizens, you’re welcomed to follow the guide on this blog to setup a verified stripe account in 2019.
I just updated this post as of July 2019. Because things has changed.
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 Forming Your LLC at IncAuthority
- 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
- 4 How to Start Dropshipping with Stripe?
- 5 Conclusions
Things Needed To Open A Verified Stripe Account For Non US Residents
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.
- Payoneer 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. e.g TheProfany LLC, Oracles LLC, Facebook LLC, Konk LLC etc
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 $500 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 the cheapest place 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.
Forming Your LLC at IncAuthority
At IncAuthority, 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 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, you can use the one on the picture or get a Skype number at $7.99.
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 clothings 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 IncAuthority 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
Operating agreement is important because it provides proof you own the business.
In case any problem occurs in future, you can be able to correct them with your operating agreement and in case Stripe requires it.
Select the operating agreement and proceed with the form.
Step 8: Addons
The next pages contains 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 not important, so you can skip all of them until you get to the payment stage.
Step 9: Make Final Payments
At the end, you’ll only be paying for State Filling 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.
Finally, that is all. You’ve successfully created your LLC Business Name and EIN/Federal Tax ID.
Next, you’ll need to setup a stripe account with the details they’ll deliver to you within 7 days since the Kentucky Delivery Time is 7 days.
Create Verified Stripe Account Free
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 and you need to be careful while doing this because their bots are intelligent enough and conversant to detect any mistake you make.
Once your business LLC is registered, your business will equally receive a tax ID. Which is part of what we need to create your Stripe account.
To create your Stripe account, simply head over to Stripe.com and create your account. Enter your email address and full name.
After the registration, you’ll need to activate it by filling an account application. In the application, you’ll need to enter your US company details, EIN, your personal details and a digital copy of your government-issued ID.
Once everything is done correctly you should be approved in a few days.
After this, you can now successfully use stripe to process payments on your website. All your funds will be remitted to your US bank account.
Which bring us to how to create a US bank account to cash your Stripe payments!
How To Open a US Bank Account with Payoneer
This is very much easy since we have Payoneer for that. All you need to do is register with Payoneer.com, connect with Global payment service and you’ll be able to get your virtual US bank account.
Once this is done, you can now have your funds move to Payoneer and cash it in your local currencies. It’s as easy as that.
However, to do this, you do need to access your Stripe account. From your account, you can proceed to the payout sections and add your Payoneer account number and that’s it, you’re all set up.
You are now a proud owner of a business in the US plus you can also process payments with stripe. Isn’t that cool?
If You don’t Have idea on how to Open Verified Payoneer Account, i have the Guide here for Free. You can check it out.
Here’s the summary:
- Form your LLC and EIN at IncAuthority.
- Download the free 5 pages guide to setting up stripe with your LLC and EIN here.
- Start using Stripe for dropshipping!
If you have any questions and confused at any process, do let us know by dropping it at the comment box.
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