Payment platform compatibility varies by entity type. Here's the honest comparison before you incorporate.
Payment platforms (Stripe, PayPal, Paddle, Gumroad) all have slightly different entity requirements. Stripe US is easiest with a US LLC. Stripe EU accepts UK Ltd and EU entities. Paddle accepts UK Ltd and EU entities with VAT registration. Getting this wrong means setting up an entity that creates friction or higher fees with your chosen payment platform.
Best access to US payment processors. Requires US bank account (Mercury/Wise US routing number).
Good for EU and UK payment processing. Requires UK bank account.
Required for EU VAT One-Stop-Shop registration. Better for EU customer billing.
Nomadic Go forms US LLCs and UK Ltd companies and coordinates banking support. Payment platform setup is typically done by the founder directly.
Stripe supports businesses in 46+ countries. The entity types accepted vary by Stripe account country. Stripe US accepts US LLCs. Stripe UK accepts UK Ltd. You create the Stripe account in the same country as your entity.
Yes. Paddle and Lemon Squeezy act as merchant of record, meaning they handle payments, VAT, and compliance on your behalf. They accept UK Ltd and EU entities and can be a simpler alternative to forming a US LLC for digital products.
A US LLC gives the broadest access: Stripe US, PayPal US, Gumroad, Substack, and most US-centric creator platforms all work well with a US LLC and US bank account.
Yes. PayPal Business accounts accept US LLCs with a US bank account and EIN. Non-resident owners are accepted. Note that PayPal's compliance checks can be strict and the account may be held for review initially.
Stripe Atlas is a paid formation service ($500) that forms a Delaware C-Corp or LLC with Stripe integration. Nomadic Go forms Wyoming LLCs (recommended for most non-VC-backed founders) at competitive pricing with registered agent and banking support included.
Fixed price, real-time tracking, and expert handling.
Compare Formation Options