Why Stripe Is Not Directly Available in Bangladesh
Stripe's supported countries list does not include Bangladesh. This means you cannot create a Stripe account using a Bangladeshi address, phone number, or bank account directly. However, thousands of Bangladeshi entrepreneurs legally access Stripe every year through a simple 4-step setup.
Stripe is not directly available in Bangladesh. The proven workaround: form a US LLC → get an EIN → get an ITIN → open a Mercury or Relay US bank account → activate Stripe as a US business. All fully legal and remote.
The Complete Setup — Step by Step
Why You Need an ITIN (Not Just EIN) for Stripe
Many Bangladeshis think only an EIN is needed. Here's what they miss:
- Form 5472 — Every foreign-owned US LLC must file this annually. Requires ITIN. Penalty for missing: $25,000.
- Stripe's full verification — Stripe may request your personal tax ID (ITIN) during enhanced KYC checks
- Mercury / Relay bank accounts — Some require ITIN for LLC owner verification
- Tax compliance — Without ITIN, you cannot file US tax returns to recover withholding
Bangladesh does not have a comprehensive income tax treaty with the United States. This means US withholding rates (up to 30%) apply on US-sourced income by default. An ITIN is essential for IRS compliance and for filing US tax returns to recover excess withholding.
⚠️ Don't Risk the $25,000 Penalty
Foreign-owned US LLCs that miss Form 5472 face an automatic $25,000 IRS penalty — regardless of revenue. Get your ITIN correctly through an IRS Certified Acceptance Agent. Rejected ITIN applications from unregistered services cause delays that have cost Bangladeshi LLC owners thousands in IRS penalties.
ITIN · IRS Certified · Complete your Stripe setup legally
Frequently Asked Questions
Is it legal for Bangladeshis to use Stripe through a US LLC?
Yes, it is completely legal. Forming a US LLC and operating as a US business is a recognized legal structure. You must comply with US tax law — which means filing Form 5472 and having an ITIN.
Can I open a US LLC from Bangladesh without visiting the US?
Yes. Wyoming and Delaware LLCs can be formed entirely online. No US address, no US visit required. Many registered agent services handle this for $50–$150/year.
Which US bank works best for Bangladeshi LLC owners?
Mercury Bank and Relay are the most popular among Bangladeshi entrepreneurs. Both offer remote account opening with LLC documents and EIN. No US visit required.
How long does the full setup take?
LLC: 1–5 days. EIN: 2–4 weeks. ITIN: 8–14 weeks. Bank account: 1–2 weeks after EIN. Total: approximately 12–18 weeks from start to full Stripe access.
Do I need to pay US taxes on my Stripe income?
Bangladesh has no US tax treaty. Income earned through your US LLC may have US tax obligations depending on source and type. Filing Form 5472 and potentially Form 1120 is required annually. Consult a US tax advisor for your specific situation.
How much does ITIN Plus charge?
$99 flat fee — all-inclusive, no hidden charges.
Get Your US ITIN Today — $99
Get your ITIN and complete your Stripe setup legally. $99 — IRS-certified, fully remote from Bangladesh.
Apply Now → +1 (305) 216-6992apply@itinplus.com