A Stripe Atlas alternative for founders who want an LLC
Last verified: 3 min read
Looking for a Stripe Atlas alternative? Atlas forms Delaware companies, C corporations or LLCs, for a one-time $500 that Stripe says includes government fees and the first year of registered agent. EXNNA forms an LLC in New Mexico (NM), a U.S. state, for $200 with State fees and 12 months of registered agent included, with no annual report and no annual State fee. Both are online and open to founders anywhere.
What does Stripe Atlas include?
From Stripe's own pages:
- A Delaware C corporation or LLC, with expedited processing and state filing fees.
- The company's EIN, founder equity and 83(b) election filing.
- Legal documents developed with Cooley, Stripe credits and partner perks.
- A registered agent: $100 a year after the first year, renewing automatically.
It is a strong package for startups that plan to raise from U.S. investors, and Stripe's founders' tools are built around it.
Why look for a Stripe Atlas alternative?
Mostly for the State and the yearly cost. Stripe's tax docs say every Delaware LLC pays an annual LLC tax, currently a flat $300. New Mexico has no annual report and no annual State fee for an LLC formed there. If you don't need a C corporation, that difference repeats every year. The full state comparison is in New Mexico vs Wyoming vs Delaware.
Stripe Atlas vs EXNNA, side by side
| Stripe Atlas | EXNNA | |
|---|---|---|
| State | Delaware | New Mexico |
| Entity | C corporation or LLC | LLC |
| Upfront price | $500, government fees included | $200, State fees included |
| Registered agent | First year included, then $100/year | 12 months included, then $99/year |
| Annual State charge | Delaware LLC tax, $300 a year | None |
| EIN | Included | +$50 with formation |
Atlas prices as Stripe publishes them.
Which alternative fits a bootstrapped founder?
If you sell software, services or products and don't need investors' preferred stock, an LLC is usually enough. See a U.S. LLC for SaaS founders and LLC vs corporation for foreigners. Founders in India, where Stripe is still in preview, have a dedicated walk-through in forming a US LLC from India.
How private is this Stripe Atlas alternative?
New Mexico's Articles of Organization, the filing that creates the LLC, don't have to list owners or managers. With EXNNA as organizer and our registered agent on the filing, the public record shows us, not you.
How do you form your LLC with this Stripe Atlas alternative?
- Enter a company name, two backups, the number of members and an email. No ID documents are needed.
- Sign the service agreement online.
- Pay in U.S. dollars or your local currency, where available, by card, online.
- The State usually approves in 1–3 business days, and your documents are in your dashboard.
See every option on our pricing, or form your LLC online now.
Start
FAQ
- Is EXNNA a Stripe Atlas alternative for C corporations?
- No. EXNNA forms LLCs in New Mexico. If you need a Delaware C corporation for a venture round, Atlas is built for that.
- Can I use Stripe with an LLC formed by EXNNA?
- Yes, you can apply. Stripe opens accounts for U.S. companies, whoever formed them, and runs its own checks.
- What do I pay each year with each option?
- Atlas states $100 a year for its registered agent after the first year, and Stripe's docs list Delaware's $300 annual LLC tax. A New Mexico LLC has no annual State fee; our agent renews at $99 a year, only if you renew.
- Does EXNNA get the EIN?
- If you want: EIN assistance is $50 with your formation, or $79 later on its own.
Sources
- Stripe Atlas (checked )
- Stripe Docs: Atlas (checked )
- Stripe Docs: Atlas business taxes (checked )
General information, not legal or tax advice.