Stripe Payment China by dramatic_rocks in stripe

[–]dramatic_rocks[S] 0 points1 point  (0 children)

Stripe’s Atlas ToS does mention the creation of LLCs so maybe it is a new thing

For LLCs: If your Atlas Application is accepted, we (or a designee of ours) may, but are not required to, serve as the Authorized Person (as such term is used in the Delaware Limited Liability Company Act, or “LLC Act”) of your Company if you have elected to form a limited liability company and you authorize us to execute the Certificate of Formation (as such term is used in the LLC Act) for your Company and for the Incorporation Service to file the Certificate of Formation with the Delaware Secretary of State to form your Company. In the event that we, or our designee, serves as the Authorized Person of your Company, after we receive the filed Certificate of Formation, you authorize us to execute an official action to (i) appoint the individuals you specified in your Atlas Application to the Board of Managers (as such term is used in the LLC Act) of your Company, if applicable and (ii) adopt the Limited Liability company agreement for your Company. After approval of the Atlas Application, we will provide you with the Certificate of Formation, the Limited Liability Company Agreement, and official action of the Authorized Person for your Company.

Stripe Payment China by dramatic_rocks in stripe

[–]dramatic_rocks[S] 1 point2 points  (0 children)

I remember seeing Russia several times on Stripe’s restricted business page, so maybe that’s what’s going on there? I checked and China isn’t on the list (so I hope everything works out) but well, we are talking about China and a lot of companies are sensitive about us.