Yes, stripe works in Nigeria in 2020 and this post is how you can make stripe to work in Nigeria.
If you’re in Nigeria and you’re wondering if stripe works in Nigeria, of course it does work.
What you need to do is form a company in any of the countries that is accepted by Stripe and then use the company details to setup your stripe account as a foreigner.
A perfect example is forming a US company, then use your company details to setup for a stripe account.
You will be signing up for stripe as a company and not as an individual, because if you’re signing up as an individual, you need to be a citizen in that country.
This was also suggested by stripe. If you’re a non us citizen, the best way to own a stripe account is to form a US company.
The requirements to open a US stripe account in Nigeria includes:
- US Company Formation
- EIN (Employer Identification Number) or TAX ID
- US Registered Address (not virtual)
- US Phone Number
- ID Card (National ID, International Passport, Drivers License, Voter’s Card etc).
Forming a US company can be expensive and you can spend up-to $500 (N225k).
Stripe atlas alone charges you $500 to open a US company for you.
Does Stripe Work in Nigeria?
You’ve now understood you need a LLC Formation, EIN/TAX ID, US address and US Phone Number to setup your stripe account from Nigeria.
You can get those requirements for opening a stripe account for $250 at duilon.
If you make a little search online, you will see how expensive it is to form a US company, it’s likely to be X3 of the price we offer.
We offer the best prices for forming a US company in Nigeria, India and across the globe.
If you know how LLC Formation works, you will know duilon offers a very affordable option, since other formation companies charges upto $500 to $1000+ to get you those requirements.
To get started, go-to duilon and place an order for the “Growth plan or Corporate plan“. It has everything you need to setup a stripe account.