If you consider Stripe Atlas, here's a cheaper way

@jhonkim For international founders (we are American and Canadian mix), we found out that Stripe Atlas was not straight forward.

We went with Clerky (also from YC in 2011) and it has been quite pleasant so far (we got our bank account set up afterwards with Mercury). We got our first employee last month and Clerky also was pretty straight forward to set them up and allot equity with vesting etc. for the new employee.
 

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