US LLC Formation for Bangladesh
Stripe is completely banned in Bangladesh. PayPal is not available. Over 650,000 Bangladeshi freelancers are locked out of global payment platforms. A US LLC gives you a legitimate US business entity, full Stripe access, a US bank account, and the ability to compete globally — all without leaving Bangladesh.
The Problem
Bangladesh has emerged as one of the world’s most important freelancing nations. With over 650,000 active freelancers, the country ranks among the top freelancing nations globally. The government’s Learning and Earning Development Project (LEDP) has trained hundreds of thousands of young Bangladeshis in digital skills, creating a generation of talented developers, designers, and digital professionals.
But there is a fundamental infrastructure problem: the payment platforms these professionals need are not available in Bangladesh.
Stripe does not operate in Bangladesh. There is no native Stripe account, no Stripe Atlas availability, and no Stripe partner integration (unlike Nigeria, which has Paystack). Bangladeshi founders who build SaaS products, e-commerce stores, or digital services simply cannot accept card payments through Stripe using a Bangladeshi business entity.
PayPal does not support Bangladesh. Bangladeshi users cannot create PayPal accounts, send money, or receive payments through PayPal. This exclusion removes the world’s most widely-used payment platform from the toolkit of Bangladeshi entrepreneurs.
Bangladesh is one of the few major freelancing nations where both Stripe and PayPal are unavailable. This creates a compounding disadvantage:
Bangladesh’s IT export revenue exceeded $1.4 billion in recent years, yet the country’s freelancers are operating with one arm tied behind their back. A US LLC solves this problem completely.
The Solution
The proven solution used by thousands of international entrepreneurs — including a growing number of Bangladeshi founders — is straightforward: form a US Limited Liability Company (LLC) and operate your international business through it.
This is the same model that Stripe Atlas facilitates — helping international founders form US companies for payment access. Our service provides the same outcome at a lower cost, with more state options, and personalised guidance tailored to Bangladeshi founders.
How It Works
The entire process is handled remotely. No US travel, no US visa, no Social Security Number required.
Select Wyoming ($449 total), Delaware ($439), New Mexico ($399), or any US state. We help you choose based on your business type.
Provide your passport details and Bangladesh address. We prepare and file your Articles of Organization. Filed in 1-5 business days.
We apply for your EIN as an IRS Third Party Designee by calling 267-941-1099. Your EIN is typically assigned the same day.
We walk you through opening a US bank account and provide a step-by-step guide for creating your Stripe and PayPal accounts.
Requirements
Transparent Pricing
Fully transparent pricing. You pay our service fee plus the state’s official filing fee. No hidden charges.
| State | Our Service | State Fee | Total | Annual Cost |
|---|---|---|---|---|
| Wyoming (Most Popular) | $349 | $100 | $449 | $60/yr |
| Delaware | $349 | $90 | $439 | $300/yr |
| New Mexico | $349 | $50 | $399 | $0/yr |
| Florida | $349 | $125 | $474 | $138.75/yr |
| Texas | $349 | $300 | $649 | $0/yr |
State filing fees are set by each state government and are subject to change. Registered agent for the first year is included. Renewal from $149/year.
| Service | Price |
|---|---|
| Annual Compliance Bundle (RA renewal + annual report + Form 5472 filing) | $999/year |
| Complete Launch Bundle (formation + bank guidance + business plan + pitch deck) | $899 |
| Business Plan (FinForge-generated, bank-ready) | $399 |
| Expedited State Filing | State fee pass-through ($50-$300) |
| Registered Agent Renewal (year 2+) | $149/year |
Banking
Once your LLC is formed and your EIN is issued, the next step is opening a US business bank account. We guide you through this process and help you prepare your application documents.
Mercury — the most popular choice among international founders. Mercury offers free business banking with no monthly fees, FDIC insurance up to $5 million, and integrations with Stripe, PayPal, and accounting software. Application completed entirely online.
Relay Financial — free business banking with multiple checking accounts and profit-first budgeting. Accepts non-resident applications remotely.
Wise Business — ideal for multi-currency operations. Hold USD, BDT, and 50+ other currencies with transparent exchange rates and low transfer fees back to Bangladesh.
Mercury and other digital banks do not accept registered agent addresses, PO boxes, or UPS mailbox addresses as your business address. A US virtual office address (typically $10-30/month) is required for your bank application. We provide guidance on selecting the right service.
Approval is subject to each bank’s own verification process. We help you prepare the strongest possible application, but we do not open accounts on your behalf and cannot guarantee approval.
EIN Application
An EIN (Employer Identification Number) is your US federal tax ID, issued free by the IRS. Every LLC needs one to open a bank account, accept payments, and file taxes.
Non-US residents cannot apply online (the IRS tool requires an SSN or ITIN). We apply on your behalf as an IRS Third Party Designee:
The IRS charges no fee for EIN assignment. Our service fee covers preparation, phone application, and follow-up.
Already have a US LLC? Our standalone EIN application service is $199.
Annual Compliance
If you are a non-US person who owns a US LLC, the IRS requires annual filing of Form 5472 attached to a pro forma Form 1120. This is an information return, not a tax payment — but the consequences of non-filing are severe.
The IRS imposes a $25,000 penalty per form for failure to file or for substantially incomplete filing. This penalty applies per reporting year. Many international founders are unaware of this requirement until it is too late — we make sure you understand it from day one.
For $999/year, we handle: Form 5472 + pro forma 1120 preparation and paper filing, registered agent renewal, annual report filing, and ongoing compliance monitoring. We handle the paperwork so you can focus on your business.
Beneficial Ownership Information (BOI) reporting has been eliminated for domestic LLCs as of March 2025. Foreign-owned LLCs should monitor FinCEN announcements for any future requirements.
Tax Information
Understanding your tax position is essential. The information below is general factual information — consult a qualified tax professional for advice specific to your situation.
Disclaimer: This is factual information, not tax advice. We are not a law firm or CPA firm. Tax obligations depend on your individual circumstances. Consult a qualified tax professional.
Bangladesh-Specific
We understand the specific landscape of Bangladesh’s freelancing economy and the barriers Bangladeshi entrepreneurs face when building global businesses.
We accept international card payments and bank transfers. If you prefer to pay using bKash or Nagad, contact us via WhatsApp and we will arrange an alternative payment method for your convenience.
At current exchange rates (approximately 1 USD = 121 BDT), the Wyoming LLC formation package of $449 is approximately BDT 54,300. Final BDT amount depends on the exchange rate at the time of payment.
Bangladesh Standard Time (BST, UTC+6) overlaps with our UK support hours in the morning. We are available via WhatsApp, email, and phone during hours that work for Bangladeshi clients.
The Bangladesh government has invested heavily in building digital skills through the Learning and Earning Development Project (LEDP), which has trained hundreds of thousands of young Bangladeshis in web development, digital marketing, graphic design, and other in-demand skills.
The Bangladesh Hi-Tech Park Authority and ICT Division are building the infrastructure for a digital economy. The country’s IT sector has been growing at over 40% annually, with IT and ITeS exports exceeding $1.4 billion.
But the missing piece is payment infrastructure. The government trains the talent; we provide the payment access. A US LLC gives Bangladeshi freelancers and founders the same tools that their competitors in the US, UK, and India already have.
Bangladesh has the second-largest freelancing workforce in South Asia. Platforms like Upwork, Fiverr, and Freelancer.com have significant Bangladeshi populations. With a US LLC, Bangladeshi freelancers can:
Trusted by Bangladeshi Founders
“I was earning well on Upwork but couldn’t build my own product because there was no way to accept payments. My Wyoming LLC gave me Stripe access in two weeks. I launched my SaaS and now earn more than I ever did freelancing.”
“The LEDP programme taught me digital marketing, but without Stripe or PayPal I couldn’t start my own agency. USLLCGlobal made it possible. Now I invoice US clients directly through my LLC.”
“The Form 5472 filing was the part I was most worried about. The compliance bundle takes care of everything. I focus on building my business while USLLCGlobal handles the IRS paperwork.”
Frequently Asked Questions
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Join thousands of international founders who have unlocked Stripe, PayPal, and global payment access with a US LLC. Filed in 1-5 business days. Same-day EIN. Full guidance from start to finish.
Form Your US LLC — $449 Total →Explore More
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