U.S. Start-Up Helps Foreign Start-Ups Navigate U.S. Bureaucracy

(p. B7) Stripe, the San Francisco-based e-commerce start-up, thrives when other businesses do well. So the company wants to help many more businesses get off the ground.
That is the reason behind Stripe Atlas, a new product the company unveiled this week at the Mobile World Congress in Barcelona, Spain. It aims to make it easier for entrepreneurs to set up small businesses in the United States. If all goes according to Stripe’s plan, Atlas could let start-up founders sidestep some of the bureaucratic hurdles that often hamper building a new business.
Determining eligibility requires little more than filling out a form. After that, Stripe will incorporate an entrepreneur’s company as a business entity in Delaware, and provide the entrepreneur with a United States bank account and Stripe merchant account to accept payments globally.

For the full story, see:
MIKE ISAAC. “A U.S. Start-Up Offers to Lend a Hand to Foreign Entrepreneurs.” The New York Times (Thurs., FEB. 25, 2016): B7.

(Note: the online version of the story has the date FEB. 24, 2016, and has the title “Stripe Atlas Aims to Ease the Way for Foreign Entrepreneurs.”)

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