Ask HN: Has anyone here successfully applied to Stripe Atlas?

Re:Ask HN: Has anyone here successfully applied to Stripe At... by charlesdm on Saturday September 10, 2016 @02:23PM (#12470323)

So, the only reason why you incorporated in the US is because it is required from a funding PoV, right? Aside from that, I can't really see any reason why you would want to run things through a high tax US entity, in comparison to the sweet deal you're getting in HK (tax wise).

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Re:Ask HN: Has anyone here successfully applied to Stripe At... by noodles23 on Saturday September 10, 2016 @02:50PM (#12470421)

100% agree.

It's a tradeoff. If I had a lifestyle trading business, the corporate tax rate in HK is 0% (17% for revenue derived in HK, 0% for non-local revenue).

On the other hand, funding in this part of the world is pretty depressing. I have a collection of term sheets we keep to remind ourselves how bad it could've been. Personal liability, right to veto future investments, majority board control... you name it.

So we're trading higher taxes + crazy amounts of compliance, for a more managed and predictable funding process in the long run.

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Re:Ask HN: Has anyone here successfully applied to Stripe At... by charlesdm on Saturday September 10, 2016 @02:58PM (#12470454)

Good luck! Makes sense, given startups don't pay corporate taxes anyway

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Re:Ask HN: Has anyone here successfully applied to Stripe At... by romanr on Saturday September 10, 2016 @08:38PM (#12471542)

What is "POV"?

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Re:Ask HN: Has anyone here successfully applied to Stripe At... by jm547ster on Saturday September 10, 2016 @08:46PM (#12471562)

Point of view

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