Stripe &

LLC vs. C-CORP

Stripe is a payment gateway platform that is known for its amazing subscription service.
Aside from that they also provide great tools that shorten your time such as stripe checkout.
 

If you are building a SaaS startup, you have probably been thinking about stripe.
Their fee is reasonable 2.9% + 30¢

When I built Linvo, I was looking for something to shorten its time to build a checkout page and have all the possible payment methods.
I also didn't want to deal with Compliance. If you used a built-in checkout page, you get something called SAQ-A. I don't want to get into this, but building your own purchase page requires a higher SAQ that requires a certificate and basically spending a lot of money.

And then, there was a problem, Stripe didn't support my country... Damn.
I was so obsessed with Stripe that I decided to go with Stripe Atlas.
Stripe Atlas is a Stripe service that allows you to open a company in the US - It can be an LLC OR C-Corp, They also help you later to open a bank account in Mercury or Silicon Valley Bank - As long as you are a C-CORP

So here I am doing my fast google search about C-CORP and LLC and in a quick rush, a decision I decided to go with C-CORP. At that point, I had zero knowledge about Legal stuff. But what the hall let's do it. Today I know better and I want to share with you the difference, So let's start.
Stripe incorporate their companies in Delaware I guess because of the best taxes.

LLC

Limited liability company, to put it in simple words, the company is yours, no stocks or shares. It's basically you. The taxes are yours. In some cases, you don't even need a business account.

This entity needs to pay state taxes for Delaware with a minimum of $300. If your customers are outside of America, you don't need to pay personal taxes.

C-CORP

An external entity that you own some shares in it, this entity needs to pay federal taxes (21% flat) and state taxes.

So which one should you choose?

If you are just starting a business with zero revenue and no investors, definitely start with LLC.

There is no reason for you to pay the double taxation.

LLC can be converted into C Corp at any time.

In case you are going to have some investors or you don't want to pay money for some of