Is Stripe Available in Guyana? (3 Steps to Open an Account)

If you’re an entrepreneur in Guyana looking to expand your business, you may wonder if Stripe is available in your country.

The answer is no; Stripe is not currently available in Guyana.

Stripe is a popular payment processing platform that allows businesses to accept payments worldwide.

This article will explore whether Stripe is available in Guyana and what you need to know to open an account.

Key Takeaways

Stripe is not available in Guyana. Nor listed as a supported country.
There are ways to work around the limitations of using Stripe in Guyana, such as forming a US LLC and obtaining an Employer Identification Number (EIN), using a registered agent.
Use Northwest’s registered agent service for seamless setup.

➜ Click Here to Form Your LLC For as Low as $39

Does Stripe Work in Guyana?

Stripe is a global payment processor available in 46 countries, including many in Europe, Japan, and Canada. However, it is not yet available in Guyana.

In the meantime, if you’re a business owner in Guyana and you’re looking to open a Stripe account, you can easily open one by following these steps:

Create/form an LLC in the United States (use Northwest).
Visit the Stripe website and create an account.
Enter your business information, including your name, address, and phone number.
Provide your EIN (with the help of Northwest).
Provide your tax ID and government-issued ID.
Verify your email address and phone number.
Add a bank account where Stripe supports processing payments (Use Wise or Mercury).
Start accepting payments.

Requirements To Open A Stripe Account In Guyana For Your Business

You must fulfill certain requirements to set up a Stripe account in Guyana.

Requirement	Where To Get It
US-based LLC	Register with a registered agent (Northwest)
EIN/Tax ID	Apply through the IRS website or use a registered agent
US business address	Use a virtual mailbox service or a registered agent
US-based phone number	Use virtual phone number service
US-based bank account	Open a physical bank account in the US (Use Wise or Mercury)

1. A Business Formation In The U.S (LLC)

Create a U.S.-based Limited Liability Company (LLC) to set up a Stripe account in Guyana. This LLC will serve as the official entity for your Stripe account.

You can either handle this process yourself or hire a registered agent.

Registered agent services such as Northwest Registered Agent can assist you in setting up your LLC efficiently. They offer a fast and easy way to form your LLC and provide a registered agent service to receive legal documents on your behalf.

2. Obtaining An Employer Identification Number (EIN) Or Tax ID

Next, you’ll need an Employer Identification Number (EIN) or Tax ID by filling out an application with the IRS. You can do this online, by mail, by fax, or through a registered agent.

You’ll need to provide information such as your LLC’s name, address, and the name and social security number of your LLC’s responsible party.

If you use a third-party service like Northwest Registered Agent, you can get an EIN swiftly, typically within 24 hours. However, the service costs $200.

Without an EIN, you can’t create a Stripe account.

3. A U.S. Business Address

You’ll need a U.S. business address to form your LLC and obtain an EIN or Tax ID.

Northwest Registered Agent offers a U.S. business address, mail forwarding, and legal document handling services.

Having a U.S. business address does not mean you must be physically present in the U.S. to use Stripe.

4. A U.S. Phone Number

To verify your Stripe account, you’ll need a U.S. phone number.

Virtual phone services like Skype and Dingtone can provide a U.S. phone number, allowing you to receive SMS messages and complete the verification process seamlessly.

Warning

Note that the phone number used to open your Stripe account must be a valid and active US-based phone number. But it doesn’t matter how you get as long as it can receive verification texts and calls.

5. A U.S Bank Account (To Be Linked To Stripe For Payouts)

Finally, you’ll need a U.S. bank account to link to your Stripe account for payouts. You can use a virtual bank account service to get a U.S. bank account as a non-U.S. resident.

Wise and Mercury are two popular options offering U.S. routing and account numbers, allowing you to receive payments from Stripe and other U.S.-based companies.

Mercury offers a dedicated U.S. bank account that integrates smoothly with Stripe and various payment processors, making it a great option for startups and entrepreneurs.

What’s the Best State to Form Your LLC as a Foreigner in Guyana?

If you’re a Guyanese looking to form an LLC in the US, you have several states to choose from.

Here are the best states to form your LLC as a foreigner in Guyana:

Wyoming

Wyoming is a popular choice for LLC formation as it has no corporate, franchise, or personal income tax.

Additionally, Wyoming has strong privacy laws that protect the identity of LLC owners and managers who want to keep their personal information private.

Delaware

Delaware is known for having a business-friendly legal system and a well-established body of corporate law.

Many large corporations incorporate Delaware because of its favorable tax laws, predictable legal system, and efficient court system.

New Mexico

New Mexico is great for foreign entrepreneurs seeking to form a US LLC. The filing fee is $50, and there are no annual report fees.

One advantage of New Mexico is that it doesn’t require the name of the member or manager to be included in the filing of the certificate of formation.

Steps On How To Form Your LLC & Open A Stripe Account

Here are the steps you need to follow to form your LLC and open a Stripe account.

Step 1. Sign up For Northwest Registered Agent

The first step in forming your LLC is to sign up for a registered agent service. I recommend Northwest Registered Agent. This registered agent can help you with the entire process of forming your LLC.

To sign up for their services, go to their website at:

https://www.northwestregisteredagent.com

Then click on the “LET’S GET YOU STARTED” button.

Step 2. Choose Your Business Entity and State

Once you’ve signed up for a registered agent service, choose your business entity and state. This will determine the type of LLC you’ll form and its location.

The total amount will depend on your chosen state and the processing time. For instance, forming an LLC in Alabama costs $334, while New Mexico costs $98.

Step 3. Enter Your New/Existing Details

Enter your new or existing details after selecting your business entity and state. This includes your name, address, and other essential information.

You can choose the physical and mailing addresses you want for the business.

Northwest Registered Agents provides the convenience of using their address as your business address, eliminating the hassle of securing a separate US address for your company.

Step 4. Enter The Management For Your LLC

You’ll need to enter the management for your LLC. This includes the members or managers who will run your business.

If you’re a one-person show in your business, stick with one member and use your name.

Step 5. Fill in Your Contact Details

Next, you’ll need to fill in your contact details, including your email address, phone number, and other information.

Tip

You don’t have to scramble for a U.S. contact detail to create your Northwest account. Your local details will work just fine as your point of contact with Northwest.

Step 6. Setup Your Account with Northwest Registered Agent

After entering all your information, you must set up your account with Northwest Registered Agent using your email and preferred password. This will allow you to access their services and complete the following steps to form your LLC.

Step 7. Get Your Business Identity (Optional)

You can toggle this on to add the Northwest Business Identity option for your LLC. It includes the following, free for 90 days:

Domain name registration – 1 Free Year
Website – hosted by us, owned by you
Business email address
Business phone

Northwest LLC Formation Business Identity tab

Step 8. Getting Your Tax ID or EIN (Optional)

If you want your LLC’s tax ID (EIN), you can do so through Northwest Registered Agent. They will help you complete and submit the necessary forms to the IRS.

It’s pretty easy to get this on your own, but if you’d like to include it in your order, that’s also great!

Step 9. Checkout/Payment (Congratulations!)

Finally, you’ll need to check and make payment to complete the process of forming your LLC.

Congratulations! You can now open a Stripe account and start accepting payments.

Get Started with Northwest

Finally, Create Your Stripe Account (With Your EIN & LLC Information)

To start accepting payments through Stripe, you must create a Stripe account. The process is straightforward and can be completed in a few simple steps.

Basic Requirements for Creating A Stripe Account

Before you start creating your Stripe account, ensure you have the following basic requirements ready:

Your business name and email address
Your government-issued ID
Your Employer Identification Number (EIN)
Your Limited Liability Company (LLC) information

Creating a Stripe Account in Guyana – Step-by-Step

To create a Stripe account in Guyana, follow these simple steps:

Go to the Stripe registration page at https://dashboard.stripe.com/register and click the “Sign Up” button.
Enter your email address and create a password.
Click on “Create your Stripe account” to proceed.
Fill in your business information, including your name, address, and phone number, and click “Continue”.
Enter your personal information, including your name and date of birth. Click on “Continue” to proceed.
Verify your email address by clicking on the link sent to your email.
Provide your government-issued ID for verification purposes.
Provide your EIN and LLC information.
Connect your bank account to your Stripe account to receive payments.

Once you have completed these steps, you can start accepting payments through Stripe.

Note

Please ensure the country you selected where your business is incorporated, is the United States, not Guyana.

Why I Prefer Northwest Registered Agent For My LLC Formation?

If you want to set up an LLC in the United States, Northwest Registered Agent is an excellent choice. Here are some reasons why:

Transparent Pricing

Northwest’s clear and upfront pricing sets It apart from other registered agents. You won’t find any hidden fees or unexpected upsells here!

On their website, you can easily see the exact cost of each package and customize your package to fit your needs.

Local Office as Your Business Address

Northwest allows you to use one of their local offices as your business address, handling your mail and forwarding important documents to you. It doesn’t matter if you don’t have a physical office or want to keep your home address private.

Free One-Year Registered Agent Service

When you set up an LLC with Northwest, you get a free year of registered agent service.

This means they’ll receive legal documents and important mail on behalf of your LLC. After the first year, you can renew the service for an affordable fee.

Free Operating Agreement

Northwest includes a free operating agreement when you form an LLC with them.

This essential document outlines your LLC’s ownership and operating procedures, protecting your assets and ensuring smooth operations.

Tax Flexibility

Northwest offers tax flexibility for your LLC.

You can have your LLC taxed as a sole proprietorship, partnership, S corporation, or C corporation. This allows you to pick the tax structure that best suits your business.

Affordable Pricing

With Northwest, you can get started for just $39, a steal compared to other registered agents that charge over $1000. They offer various packages to suit different needs and budgets.

Free Domain, Website, Email & Business Phone

Northwest provides a free domain, website, email, and business phone when you form an LLC. It is a fantastic perk for new business owners.

Privacy by Default

Northwest keeps your personal information private and off public records, giving you peace of mind.

Related Post: How to Create a Stripe Account for Non-US

Frequently Asked Questions

Is Stripe available in Guyana?

Stripe is not available in Guyana. However, Stripe is available in 46 countries, and Guyana is not one of them.

What countries are currently supported by Stripe for payment processing?

Stripe is currently available in less than 50 countries. Some countries that support Stripe include the United States, the United Kingdom, Australia, Belgium, and Bulgaria.

Is it possible to use Stripe for international transactions?

Yes, it is possible to use Stripe for international transactions. Stripe supports transactions in over 135 currencies, making it easy for businesses to accept customer payments worldwide.

What payment methods does Stripe accept in supported countries?

In the countries where it operates, Stripe accepts a wide range of payment methods. The most popular methods include credit and debit cards, Apple Pay, Google Pay, and Alipay.

Are there any Caribbean countries where Stripe is operational?

Stripe is not available in all Caribbean countries. However, It is available in the Dominican Republic, Jamaica, and Trinidad and Tobago.

Read Our Other Stripe-Related Posts

Disclosure: We may earn commissions if you buy via links on our website. Commissions don’t affect our opinions or evaluations. We’re also an independent affiliate of many platforms, including ClickFunnels, Kartra, GoHighLevel, Podia, Northwest Registered Agent, and others. We’re not employees of these services. We receive referral payments from them, and the opinions expressed here are our own and are not official statements of these companies.