Is Stripe Available in Kazakhstan?

The short answer is no; Stripe is not currently available in Kazakhstan. However, it is supported in 46 countries, including the United States, Canada, Australia, and many European and Asian countries.

While this may be disappointing, you can still open a Stripe account in Kazakhstan.

In this article, we’ll explore the requirements for opening a Stripe account in Kazakhstan and what you need to know to get started.

Does Stripe Work in Kazakhstan?

Unfortunately, Stripe is not currently available in Kazakhstan.

Stripe is a global payment processing service operating in 46 countries across Africa, Asia, Europe, North America, and South America. However, Kazakhstan is not one of the countries supported by Stripe.

However, if you are looking to open a Stripe account in Kazakhstan, follow these steps:

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

Requirements To Open A Stripe Account In Kazakhstan For Your Business

To use Stripe in Kazakhstan, you need to fulfill certain requirements.

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)

To set up a Stripe account in Kazakhstan, you must create a US-based Limited Liability Company (LLC). This LLC will act as the official entity that opens your Stripe account.

Forming an LLC involves registering it with the state government of your choice. You can handle this process directly or hire a registered agent.

Registered agent services such as Northwest Registered Agent can assist you in setting up your LLC efficiently.

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

You need to fill out an application with the IRS to obtain an EIN or Tax ID. 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.

You can get an EIN swiftly, typically within 24 hours if you use a third-party service like Northwest Registered Agent. This option offers a convenient and expedited way to obtain your EIN without the hassle of dealing directly with the IRS.

3. A U.S. Business Address

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

Northwest provides a U.S. business address, mail forwarding, and legal document handling services.

4. A U.S. Phone Number

You’ll need a U.S. phone number to verify your Stripe account.

You can use a virtual phone service like Skype and Dingtone to get a U.S. phone number. These platforms offer the ability to create a virtual U.S. phone number to receive SMS messages, making the verification process seamless.

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

To link a U.S. bank account 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.

Two popular options are Wise (formerly TransferWise) and Mercury.

Wise (formerly TransferWise) offers a borderless account with U.S. routing and account numbers.

Mercury, designed specifically for startups and entrepreneurs, offers a dedicated U.S. bank account that integrates smoothly with Stripe and various payment processors.

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

If you’re a Kazakhstani entrepreneur looking to form a US-based LLC, you may wonder which state is the best to register your company.

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

New Mexico

New Mexico is a great state for foreign entrepreneurs to form an LLC because of its low fees and flexible regulations.

The state has a flat fee of $50 for LLC formation, one of the lowest in the country.

New Mexico doesn’t require LLCs to have a physical presence in the state, which makes it an attractive option for foreign entrepreneurs who don’t plan to operate their business in the US.

Wyoming

Wyoming is another great state for foreign entrepreneurs to form an LLC. It has strong privacy laws, which means that LLC owners can remain anonymous if they choose to do so.

Additionally, Wyoming doesn’t have a state income tax, which can benefit LLC owners.

Delaware

Delaware is a popular choice for LLC formation because of its well-established legal system and business-friendly regulations.

Additionally, Delaware has a low corporate income tax rate and doesn’t require LLCs to pay a franchise tax if they don’t conduct business in the state.

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

Choose your business entity and state once you’ve signed up for a registered agent service. This will determine the type of LLC you’ll be forming and the 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.

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

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.

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 Kazakhstan – Step-by-Step

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

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

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

Why You Should Choose Northwest Registered Agent for Your LLC Formation

If you’re planning to set up a Limited Liability Company (LLC) in the U.S., you should consider Northwest Registered Agent.

Here’s why Northwest is a top choice for your LLC formation:

Transparent Pricing

One of the standout features of Northwest Registered Agent is its transparent pricing.

Northwest offers affordable LLC formation packages with no hidden fees or upsells. You can see the exact cost for each package on their website, and you can customize your package to fit your specific needs. It’s all upfront and honest.

Use Their Local Offices as Your Business Address

Northwest lets you use one of their local offices as your business address in the absence of a physical office or want to keep your home address private.

They’ll receive your mail and forward it to you, so you won’t miss any important documents.

Free One-Year Registered Agent Service

When you form an LLC with Northwest, you get a year of registered agent service for free. This means they’ll handle all your legal documents and important mail.

After the first year, you can renew the service at an affordable rate.

Free Operating Agreement

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

This essential document outlines the ownership and operating procedures of your LLC, protecting your assets and ensuring everything runs smoothly.

Tax Flexibility

Northwest offers flexibility in how your LLC is taxed.

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

Affordable Pricing

Northwest’s pricing is super affordable. You can start forming your LLC for just $39, which is a steal compared to other services that charge over $1000. They offer several different packages to suit your needs and budget.

Free Domain, Website, Email, and Business Phone

As a bonus, Northwest gives you a free domain, website, email, and business phone when you form an LLC with them.

Privacy by Default

Northwest values your privacy. They keep your personal information off public records, ensuring your details are secure and private.

Frequently Asked Questions

Is Stripe available in Kazakhstan?

No, Stripe is not available in Kazakhstan. Stripe is available in 46 countries, and Kazakhstan is not one of them.

What are the supported countries for Stripe services?

Stripe is available in many countries, including the United States, Canada, the United Kingdom, Australia, and many European countries.

Which currencies can be processed through Stripe by Kazakhstani merchants?

Stripe supports many currencies, including the Kazakhstani tenge (KZT). Kazakhstani merchants can process payments in KZT and other major currencies like USD, EUR, and GBP.

Are there any specific restrictions for using Stripe in Kazakhstan?

There are no specific restrictions for using Stripe in Kazakhstan. However, it is important to comply with all applicable laws and regulations, including money laundering and fraud.

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