Stripe LLC Verification Guide — All 50 States (2026)
Stripe must verify your business under KYC/AML rules before it activates payouts. For an LLC, Stripe collects the legal entity name, EIN, business address, the representative's identity, and beneficial-owner details. Forming an LLC and getting an EIN is the standard 'Stripe Atlas alternative' path — you do the same steps Atlas automates, in the state of your choice.
Edmond Hui · Founder, MyStateLLC
Edmond Hui is a software engineer and serial entrepreneur based in New York who has founded multiple online businesses across e-commerce, media, and information publishing. Before transitioning into tech, he spent years as a commercial real estate professional closing deals totaling over 100,000 square feet, giving him firsthand experience with business formation and entity structuring. He built MyStateLLC to provide the free, state-specific LLC guidance he wished existed when forming his own companies.
What Stripe requires from an LLC
- Legal entity name. Your LLC's exact registered name as it appears on your formation document.
- Employer Identification Number. Stripe requires the business EIN for US entities.
- Business address. A US business address for the entity.
- Representative & owner identity. Government ID and details for the account representative and any 25%+ beneficial owners.
- Payout bank account. A US bank account to receive payouts.
Stripe verification by state
Frequently Asked Questions
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