Stripe Atlas account progress

    Learn what happens after you submit your Stripe Atlas application: the steps Stripe takes, what information and emails you should receive, and when to expect them.

    After you submit your Stripe Atlas application, you move to the onboarding phase, which includes the creation of:

    We’ll send you emails as steps are completed. You can also track the progress in the Dashboard.

    Documents

    After you submit the application and create your Stripe account, you’ll generate the legal documents to start your company. You’ll normally receive these within a few days of submitting your application (assuming we can support your business).

    The documents included will depend on whether you are forming a C Corporation or a Limited Liability Company (LLC).

    Documents will include:

    • Certificate of Incorporation
    • Bylaws for your corporation
    • Board Approval of Organizational Resolutions
    • IRS form SS-4, to request an EIN for tax-reporting purposes

    Documents will include:

    • Certificate of Formation
    • Operating Agreement
    • Confidential Information and Invention Assignment Agreements (CIIAA)
    • IRS form SS-4, to request an EIN for tax-reporting purposes

    We recommend working with a lawyer and tax advisor to review these documents. There is no rush in returning them to us, so review them carefully.

    The documents must be electronically signed by every company representative. You’ll need to match your actual, written signature from your photo ID as closely as possible, using your mouse, trackpad, touchscreen, or other pointing device to sign with your cursor. (This is a requirement from our banking partners.) See the DocuSign help site for details.

    Company formation

    Formation proceeds differently for a C Corporation versus an LLC.

    Incorporating a C Corporation

    Registering your corporation in Delaware generally takes a couple of business days. After your company is formed, you’ll receive an email that includes your Certificate of Incorporation. Note that the original is in electronic format; no hard copies are created.

    We’ll email you with information about issuing stock to founders after your company is incorporated. New corporations can issue stock with standard terms, using our free tool, for up to 90 days after incorporation. If your company is a subsidiary of an existing company, or if you’d prefer to customize the terms, Stripe Atlas also provides templates that you can customize with your lawyer.

    We recommend working with a lawyer to decide whether and how to issue stock to your founders.

    Forming an LLC

    Registering your LLC in Delaware generally takes a couple of business days. After your company is formed, you’ll receive an email that includes your Certificate of Formation. Note that the original is in electronic format; no hard copies are created.

    Ownership shares in an LLC are known as “units,” and are distributed to members (who may include founders) by contract in the Operating Agreement when you form the LLC using Stripe Atlas.

    Tax ID

    When your new company’s formation is complete, your company can be registered with the IRS to create a U.S. Federal Employer Identification Number (EIN). As part of forming the company using Stripe Atlas, you’ll complete form SS-4, which will be sent to the IRS to request an EIN for your new company.

    It usually takes up to 2 weeks to receive the email with your EIN; 6-8 weeks (or longer!) to receive it by physical mail. When you have the EIN itself, you can file and pay federal U.S. taxes.

    Next steps

    Now that you know more about the onboarding process, you might want to read:

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