How to Create a US Stripe Account – International Founder Guide

Trying to create a US Stripe Account as an international founder?

Discover your options and streamline the process with doola — your trusted partner in launching and growing your US business.

What Is Stripe?

Stripe is a versatile payment processing gateway used by companies around the world, like Deliveroo, Lush, Missguided, and Made.com.

Trust us, as an international founder, you want to create a US Stripe account as soon as possible because their set-up process is incredibly easy, and they have a great pricing structure.

Furthermore, Stripe can be integrated with your “Create store”, which lets you accept various currencies, as well as credit cards and debit cards.

To Open a Stripe Account, You’ll Need:

• An EIN Number (which doola can provide!)

• A physical location in the country of your EIN (which doola can provide!)

• A phone number in the US (through doola partners with a special discount)

• A Government ID from any country

Are You Sure These Are the Requirements?

Yes! Here are transcripts from our conversation with Stripe to directly confirm the requirements!:

doola: What are the exact requirements to open a Stripe Business Account?

Stripe: In order to open a Stripe account, you’ll need to have the following, in any country Stripe currently supports:

• A bank account in that country denominated in a supported transfer currency for that country. Learn about supported transfer currencies by country here.

• A tax ID in that country

• A physical location in that country at which you are able to receive mail (Cannot be a P.O. box)

• A phone number in that country

• A government-issued ID, such as a passport or driver’s license, from any country

A working website that shows what your business sells or what services you provide.

Know more about whether you need a website to use Stripe.

Have Doubts About Which Countries Stripe Currently Supports?

If you’re unsure which countries Stripe currently supports, you can easily find the most up-to-date list on their official website.

doola: Do you need a US SSN? Do you need to be a resident of one of these countries? Or if you have a US company are you able to use Stripe connected to your US company?

Stripe: If you are opening a US account you will need a US tax ID.

doola: Got it so an EIN will work for this? (Employer Identification Number)

Stripe: Yes, a user can obtain an EIN for this purpose.

doola: And to confirm, do you need to be a resident of one of these countries? Or if you have a US company you are able to use Stripe connected to your US company?

Stripe: You can absolutely open a US Stripe account even if you are not a resident.

The requirements provided are for any supported countries.

So, if you have a US company you can open a US Stripe account.

How Long Does It Take for Stripe to Process Payments?

Stripe payments can take anywhere from 2 business days to one week depending on your company’s location as long as it is not a high risk business.

Click here to find out more about your countries specific pay out date!

What Currencies Are Supported by Stripe?

Stripe supports over 135 currencies from every corner of the globe, a wide variety in comparison to other online financial service companies.

Form Your Dream US Business With doola & Stripe

Unlike other payment gateways, Stripe is optimized as an international payment gateway.

doola is the perfect service to get you set up with Stripe!

With doola, you can form your US LLC, regardless of where you live in the world.

We can also help you obtain an EIN, which you can use for Stripe, but other gateways like PayPal only accept U.S. SSN’s or ITIN’s.

While PayPal may be a good option for U.S. Citizens, Stripe is by far-and-away our most highly recommended payment gateway because its geared for international use!

Book a free consultation with one of our experts to know more!