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Right! Apart from the VC angle, nothing makes sense, since there are couple of startups that let you open LLC from abroad.
Yup, it's painful when you can do the same for a dime instead of paying dollars but it's the similar paradox: we'd have to understand a lot more things and get our hands dirty. Stripe is a business and they're not doing charity so it makes sense to earn from this transaction.
Glad to be of help!
Wow, that sounds really fantastic.
Hey! We're just a tiny speck right now. Haha.
To answer your questions:
1. I don't know but they used to support LLCs for non-US residents. There are a couple of other startups like Firstbase, etc. which do allow LLC incorporation.
2. We didn't open a PayPal account yet, though I presume it'll be simple and straightforward.
3. Yet to complete our first year so I don't know much about the operating costs, but here's what I know: 21% federal income tax on profits, $300-$350 Delaware franchise tax, $100 registered agent.
4. Haven't taken a dime out of the business yet. We use the company debit card to pay for services, etc. In the near future when we do decide to hire ourselves, we'd use a service like Remote.com, Deel, Pilot.co etc.
I hope it's helpful.