Dropshipping is the asset-light e-commerce model popular among Bangladeshi entrepreneurs. You sell products online without holding inventory — your supplier ships directly to the customer. To run a profitable dropshipping business targeting US customers, you need a US LLC, Stripe, and an ITIN.
Why Dropshipping Requires an ITIN for Bangladeshis
The dropshipping business model requires:
- Stripe to accept credit card payments from US customers — requires US LLC + EIN + US bank
- US LLC — requires an ITIN to correctly identify the foreign owner on IRS forms
- Shopify store — the Stripe-Shopify combination is the standard setup
- US bank account — requires LLC formation + EIN
Your ITIN is the personal Tax ID that ties you to the US LLC. Without it, the LLC lacks proper owner documentation for IRS compliance.
The Dropshipping Setup from Bangladesh
Here's the full dropshipping infrastructure from Bangladesh:
- Get ITIN — $99, ITIN Plus, 8–14 weeks
- Form US LLC (Wyoming recommended for low annual cost)
- Get EIN for the LLC
- Open Mercury Bank
- Create Stripe account linked to Mercury
- Build Shopify store and connect Stripe
- Source products via DSers, Zendrop, or CJdropshipping
Product Sourcing: Bangladeshi Dropshippers' Advantage
Bangladeshi dropshippers can source directly from local manufacturers for competitive prices. Bangladesh's garment industry is world-class, and many dropshippers successfully sell custom apparel, textiles, and accessories through Shopify with Bangladesh-based suppliers. This gives Bangladeshi dropshippers a supply chain advantage over competitors sourcing only from China.
ITIN Plus for Bangladeshi Dropshippers
$99, 8–14 weeks, IRS Certified Acceptance Agent. The ITIN is your first step. Email apply@itinplus.com to start. We process applications for Bangladeshi dropshippers across all niches.
Frequently Asked Questions
Can Bangladeshi dropshippers use Stripe without a US LLC?
No. Stripe requires a US business entity (LLC), US bank account, and Tax ID (EIN). Bangladeshi individuals cannot open Stripe directly — a US LLC is required. An ITIN is needed to operate the LLC correctly as a foreign owner.
What is the best US LLC state for Bangladeshi dropshippers?
Wyoming is popular for dropshippers due to its low annual fee ($60/year) and strong privacy protections. Delaware is also widely used if you plan to scale or seek investment. Both work equally well with Stripe and Mercury Bank.
How do I receive profits from dropshipping in Bangladesh?
Profits held in your Mercury Bank account can be transferred internationally via wire transfer to your Bangladeshi bank. Alternatively, use Wise or Payoneer to convert USD to BDT at competitive rates.
How long does it take to set up dropshipping from Bangladesh?
The main bottleneck is ITIN processing (8–14 weeks). LLC formation and EIN take 2–6 weeks in parallel. You can start building your Shopify store and researching products while waiting for your ITIN.
What is the ITIN application cost?
$99 flat fee through ITIN Plus. Includes document review, Form W-7 preparation, and direct IRS submission.