
Based on looking at the website, Bizzfly.co appears to be a service designed to help entrepreneurs register businesses in the UK and USA, secure Employer Identification Numbers EINs, open business bank accounts, and establish payment gateways like Stripe.
The core promise is to simplify the often-complex paperwork involved in launching an online business, allowing founders to focus on their core operations.
They position themselves as an affordable and efficient solution for global entrepreneurs looking to expand into these markets, particularly those from “non-supported countries” seeking to establish a verified Stripe account legally.
Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.
IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.
Bizzfly.co Review & First Look
Upon a detailed examination of Bizzfly.co’s online presence, the service presents itself as a streamlined solution for international entrepreneurs aiming to establish a business presence in the UK or USA.
Their primary offering revolves around simplifying the bureaucratic hurdles of company formation, obtaining essential tax IDs, setting up business banking, and facilitating access to payment processing platforms like Stripe.
The website highlights key aspects such as speed, affordability, and extensive customer support, emphasizing a “set it and forget it” approach for their clients.
This service model is particularly appealing to those who might find international business registration daunting or are located in regions where direct access to these services is challenging.
What Bizzfly.co Claims to Offer
Bizzfly.co clearly outlines its service offerings, which include: Elcomercio24.com Reviews
- Company Formation: Assisting with the registration of UK Private Limited Companies or US LLCs. They claim to handle all paperwork quickly on behalf of the client.
- Employer Identification Number EIN: For US LLCs, they manage the application process for an EIN, which is crucial for opening US bank accounts.
- Business Bank Accounts: They state they will open business bank accounts, specifically mentioning Wise for UK entities and Mercury or Relay Financial for US entities, removing the burden of application and approval from the client.
- Payment Gateway Guidance & Support: A notable claim is their assistance in opening “verified Stripe from non-supported countries legally,” including website compliance audits to meet Stripe’s standards.
Initial Impressions on Transparency and Claims
The website’s design is clean and user-friendly, with a clear step-by-step process outlined for prospective clients.
They provide testimonials and highlight their “advantages” like quick service, low cost, and strong communication.
However, it’s important to approach such claims with a critical perspective.
While convenience is attractive, the specifics of “legal” access to services like Stripe from “non-supported countries” need thorough scrutiny to ensure full compliance and avoid any potential missteps down the line.
Entrepreneurs should independently verify the exact legal implications and requirements. Securityteam.ie Reviews
Target Audience and Market Position
Bizzfly.co clearly targets entrepreneurs and small business owners, especially those outside the UK and USA, who are looking to tap into these markets.
Their messaging positions them as a cost-effective alternative to more expensive services, aiming to democratize access to international business infrastructure.
This market niche is significant, with global e-commerce and remote work accelerating the demand for such cross-border business solutions.
Data from the World Bank indicates that establishing a business can involve numerous procedures and take considerable time, making services like Bizzfly.co appealing for their promise of efficiency.
For instance, the average time to start a business globally can range from a few days to several weeks, depending on the country and complexity. Softwareexpert.dk Reviews
Bizzfly.co Features and Service Breakdown
Bizzfly.co’s core value proposition lies in its ability to consolidate several critical business setup tasks into a single service.
They aim to be a one-stop shop for entrepreneurs seeking to establish a legal and operational presence in the UK or USA.
The website details a comprehensive suite of features, each designed to simplify a specific aspect of the company launch process.
Understanding these features in depth is key to evaluating the overall utility and effectiveness of the service.
Company Formation and Legal Structure
One of Bizzfly.co’s primary services is the formation of legal business entities. Smmboost.net Reviews
- UK Private Limited Company LTD: This structure is popular for its limited liability protection, meaning the personal assets of the owners are separate from the business’s debts. It requires registration with Companies House.
- US Limited Liability Company LLC: An LLC offers similar liability protection to its owners while providing flexible tax treatment it can be taxed as a sole proprietorship, partnership, or corporation. Each state in the US has its own LLC laws and registration requirements.
Bizzfly.co claims to handle all necessary paperwork and filings for these structures, aiming for a rapid processing time so businesses can become operational quickly.
Employer Identification Number EIN Procurement
For US LLCs, an EIN is a federal tax identification number issued by the IRS, equivalent to a Social Security Number for individuals. It’s essential for various business activities.
- Necessity: An EIN is typically required to open a US business bank account, file federal and state taxes, and hire employees.
- Bizzfly.co’s Role: They offer to prepare and submit the EIN application to the IRS on behalf of their clients. They acknowledge that the timeline for this stage is dependent on IRS processing, which can vary significantly, especially for non-resident applicants.
Business Bank Account Opening
Having a dedicated business bank account is crucial for separating personal and business finances, simplifying accounting, and establishing financial credibility.
- Partner Banks: Bizzfly.co explicitly mentions working with specific fintech banking platforms:
- Wise formerly TransferWise: For UK companies, known for its international money transfers and multi-currency accounts.
- Mercury: For US companies, a popular banking platform designed for startups and e-commerce businesses, often favored for its online-first approach and integrations.
- Relay Financial: Another US-based business banking platform, also geared towards small businesses and online operations.
- Service Scope: They claim to manage the application process to help clients secure these accounts, removing the administrative burden. Obtaining bank accounts, especially without a physical presence, can be complex, and a service that facilitates this is highly attractive.
Payment Gateway Setup Stripe
Perhaps one of the most distinctive and highly sought-after features is Bizzfly.co’s assistance with setting up a verified Stripe account, particularly for clients in countries not directly supported by Stripe.
- Stripe’s Importance: Stripe is a leading online payment processing platform, enabling businesses to accept credit card payments, handle subscriptions, and manage online transactions. Its global reach and developer-friendly tools make it a go-to choice for online businesses.
- “Non-Supported Countries” Challenge: Many entrepreneurs from certain regions face significant hurdles in setting up Stripe accounts due to geographical restrictions, regulatory compliance, or lack of local entity requirements.
- Bizzfly.co’s Approach: They claim to help clients “open verified Stripe legally” by ensuring the underlying company formation and documentation meet Stripe’s compliance standards. This includes:
- Website Compliance Audit: Reviewing the client’s website to ensure it aligns with Stripe’s terms of service and best practices, providing guidance on necessary changes.
- Document Preparation: Assisting with the compilation and submission of all required legal and business documents for Stripe verification.
This specific feature highlights a significant pain point for many global online businesses and positions Bizzfly.co as a potential solution for overcoming these geographical barriers. Eu.wotblitz.com Reviews
Bizzfly.co Pricing
When considering any service, especially one that impacts your business’s foundational structure, understanding the pricing model is paramount.
Bizzfly.co aims to be an affordable option, claiming to save entrepreneurs money compared to “other expensive services out there.” Their pricing structure is presented through flexible packages, although the specific details of these packages are not immediately visible on the main page, requiring users to click “See Pricing.”
Overview of Pricing Philosophy
Bizzfly.co’s stated philosophy is to offer “best service at affordable price.” They emphasize that by charging less, businesses can allocate more funds towards their core operations.
This suggests a competitive pricing strategy aimed at attracting budget-conscious entrepreneurs, particularly those launching new ventures who may have limited capital.
The concept of “flexible packages” implies different tiers of service, likely correlating with the range of features included. Kddi.com Reviews
What to Look For in Their Packages General Expectations
Typically, services of this nature offer tiered pricing that might include:
- Basic Package: Covering fundamental company formation e.g., LLC or LTD registration only.
- Standard Package: Adding essential services like EIN application.
- Premium Package: Encompassing a full suite of services, including company formation, EIN, business bank account setup, and payment gateway assistance like Stripe.
- Add-on Services: Potentially offering à la carte options for specific needs, such as virtual office addresses, registered agent services, or ongoing compliance support.
The Importance of Transparent Pricing
For any entrepreneur, especially one committed to ethical dealings, transparent pricing is non-negotiable.
Hidden fees or unexpected charges can significantly impact a business’s budget and trust in a service provider.
Bizzfly.co claims “No Hidden Fees,” which is a positive indicator. However, it’s always advisable to:
- Review all package details: Carefully read the fine print of each package to understand exactly what is included and what might incur additional costs.
- Ask about recurring fees: Determine if any services are subscription-based or require annual renewals e.g., registered agent services.
- Clarify timelines and guarantees: Understand if pricing is tied to service completion guarantees or specific timelines, and what happens if delays occur.
Value for Money Perspective
From a value perspective, if Bizzfly.co genuinely simplifies the process of setting up a legal entity, obtaining an EIN, and accessing critical financial tools like business bank accounts and payment gateways, its services could be highly valuable. Drdawnchiropractic.com Reviews
The administrative burden and potential for errors when navigating these processes independently can be substantial.
For example, hiring legal counsel and accountants separately for each step could easily exceed the cost of an integrated service like Bizzfly.co.
The key is whether their execution lives up to their claims of efficiency and legal compliance.
How to Cancel Bizzfly.co Subscription
For any service, especially one involving ongoing support or recurring elements, understanding the cancellation process is vital.
While Bizzfly.co primarily focuses on one-time business setup services, there might be scenarios where a “subscription” implies ongoing registered agent services, virtual office, or post-formation support that could necessitate a cancellation. Skywindowsnj.com Reviews
The website’s main page doesn’t explicitly detail a cancellation policy for general services or “subscriptions,” but it’s a critical aspect for clients to consider.
Identifying Subscription-Based Services
It’s important to differentiate between the initial one-time company formation fees and any potential recurring services.
- One-time services: Company registration, EIN application, and initial bank/Stripe setup are typically one-off fees.
- Potential subscription services:
- Registered Agent Service: Required for US LLCs and UK LTDs to receive legal and tax documents. This is often an annual recurring fee.
- Virtual Office Address: If provided, this usually involves a monthly or annual subscription.
- Ongoing Compliance Support: Some providers offer annual compliance reminders or filing assistance as part of a subscription.
General Steps for Cancellation Assumed Process
Without specific instructions on the Bizzfly.co website, a standard cancellation process for similar online services usually involves:
- Reviewing Terms of Service ToS: The most crucial first step is to locate and thoroughly read Bizzfly.co’s official Terms of Service or User Agreement. This document should outline all cancellation policies, refund eligibility, and required notice periods.
- Contacting Customer Support: The most direct method for initiating a cancellation is usually through the service provider’s customer support channels. Bizzfly.co highlights “Top-Notch Communication” and responsive support, suggesting this would be the primary avenue.
- Look for: Email support addresses, live chat options, or a dedicated support ticket system mentioned on their “Contact Us” page.
- Prepare Information: Have your account details, order number, and specific service you wish to cancel ready.
- Written Request: It is always advisable to submit a cancellation request in writing e.g., via email or support ticket to create a clear record of your request, the date, and the specific service being terminated.
- Confirmation: Ensure you receive a confirmation of cancellation from Bizzfly.co. This confirmation should ideally state that the service has been terminated and specify any final billing dates or prorated refunds.
Potential Implications of Cancellation
Cancelling services, especially those integral to your business’s legal standing, can have implications:
- Maintaining Legal Compliance: If you cancel a registered agent service, you will need to appoint a new registered agent immediately to maintain compliance with state/country laws. Failure to do so can lead to penalties or administrative dissolution of your company.
- Service Disruption: Cancelling a virtual office might mean losing a professional business address.
- Refund Policy: Understand if any prorated refunds are applicable, especially for annual subscriptions cancelled mid-term. Most services will have a specific refund policy outlined in their ToS.
Bizzfly.co Alternatives
For entrepreneurs seeking to establish a business presence in the UK or USA, Bizzfly.co is one option, but the market offers several alternatives. Dogmaster.co Reviews
These alternatives vary in their scope of services, pricing models, and target audiences.
Exploring these can help entrepreneurs find a solution that best fits their specific needs, budget, and ethical considerations.
Major Competitors and Their Offerings
- LegalZoom: One of the most well-known online legal service providers in the US.
- Strengths: Comprehensive legal services beyond just business formation e.g., intellectual property, legal advice. Strong brand recognition and established customer base. Offers registered agent services, compliance, and various legal documents.
- Considerations: Often perceived as more expensive than some niche providers. While broad, it might not specialize as deeply in international client needs or specific payment gateway setups for “non-supported countries” like Bizzfly.co.
- Incfile: A popular choice for US LLC and C-Corp formations, known for offering a free registered agent service for the first year.
- Strengths: Very competitive pricing for basic formations, good for startups on a tight budget. Focuses heavily on US formations. User-friendly platform.
- Considerations: Services are primarily US-centric. less focus on UK formations or specialized international payment gateway assistance.
- ZenBusiness: Another highly-rated service for US business formation, offering a range of packages that include registered agent services, operating agreements, and compliance alerts.
- Strengths: Strong emphasis on customer support and user experience. Comprehensive packages for various stages of business growth.
- Considerations: Primarily US-focused, similar to Incfile, it may not cater to UK formations or the unique challenges faced by international clients from “non-supported” regions for payment processing.
- Stripe Atlas: Directly from Stripe, this service helps entrepreneurs incorporate a US company typically a Delaware C Corp or LLC and set up a US bank account and a Stripe account.
- Strengths: Direct integration with Stripe, making payment gateway setup seamless. Geared specifically towards online businesses and startups. Reputable financial tech company behind it.
- Considerations: Often more expensive than basic formation services. Primarily focuses on US entities and might not be suitable for UK company formations. Its specific requirements and processes might still pose challenges for clients from certain “non-supported” countries without a clear legal pathway.
Niche Alternatives and Direct Competitors
Beyond the large players, there are many smaller, niche service providers that might offer similar or specialized services. These often include:
- Local Incorporation Agents: In both the UK and USA, numerous local registered agents and incorporation services can handle company formation. These might offer more personalized, hands-on support but often come at a higher cost.
- Virtual Office Providers with Incorporation Services: Some virtual office providers have expanded to offer basic incorporation assistance as part of a broader package.
- Specialized Fintech Consultancies: For the specific challenge of setting up payment gateways from challenging jurisdictions, some consultancies might offer bespoke solutions, though these are typically more expensive and tailored.
Choosing the Right Alternative Ethical Considerations
When evaluating alternatives, Muslim entrepreneurs should consider several factors beyond just price and features:
- Compliance and Legality: Ensure the service adheres strictly to all legal and regulatory requirements in both the country of incorporation and the client’s home country. Avoid any service that suggests bypassing regulations or engaging in ambiguous practices.
- Transparency: Look for providers with clear pricing, service descriptions, and terms of service.
- Support and Communication: Reliable customer support is crucial, especially when dealing with complex international legal and financial matters.
- Alignment with Islamic Principles:
- Avoid Riba Interest: When setting up bank accounts, investigate whether the recommended banks primarily operate on an interest-based system. While completely avoiding interest in global finance can be challenging, opting for Sharia-compliant banks or ethical finance options where available is preferable.
- Ethical Business Practices: Ensure the service provider itself operates with integrity and does not promote or facilitate any activities that are considered unethical or unlawful in Islam.
- Sharia-Compliant Financing: Prioritize alternatives that facilitate access to halal financing options, such as Murabaha, Mudarabah, or Ijara, rather than conventional loans or credit lines that involve Riba.
Ultimately, the choice of an alternative should be a deliberate one, balancing convenience and cost-effectiveness with adherence to ethical and religious principles. Demainretro.com Reviews
How to Cancel Bizzfly.co Free Trial
While Bizzfly.co’s primary services seem to be one-time transactions for company formation and setup, some online service providers offer “free trials” for certain aspects, such as a trial period for registered agent services, virtual office access, or initial consultations.
If Bizzfly.co does offer a free trial, understanding how to cancel it is crucial to avoid unintended charges.
This is especially important for financial prudence and managing business expenses responsibly.
Determining if a Free Trial Exists
The Bizzfly.co homepage does not explicitly mention a free trial for its core services.
Most of its offerings company formation, EIN, bank account, Stripe setup are typically presented as paid packages. All-you-want.nl Reviews
However, if a free trial were to exist, it would most likely be for:
- Premium features: Access to a higher tier of features for a limited period.
- Consultation services: A free initial consultation that might transition into a paid advisory service.
- Registered agent service: Some providers offer the first year of registered agent service for free.
- Dashboard access: A trial period to explore their client dashboard or specific tools.
It’s essential to check the specific offer or package you signed up for to confirm if a free trial was part of it and what its duration and terms are.
General Steps for Cancelling a Free Trial Standard Practice
Assuming Bizzfly.co follows standard online service practices, the cancellation process for a free trial would typically involve:
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Locate Trial Terms: The most critical first step is to find the terms and conditions of the specific free trial you enrolled in. This information is usually found:
- In the email confirming your free trial signup.
- On the pricing page or the specific offer page where you initiated the trial.
- Within the Terms of Service ToS section of the Bizzfly.co website.
- Key information to look for: Trial duration, auto-renewal clause, cancellation deadline, and specific instructions for cancellation.
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Access Your Account Dashboard: Many online services allow users to manage subscriptions and trials directly from their account dashboard. Peppapigworld.co.uk Reviews
- Look for sections like: “Billing,” “Subscriptions,” “My Plan,” or “Account Settings.”
- Within these sections, there is usually an option to “Cancel Subscription” or “Manage Plan.”
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Contact Customer Support If Self-Service Not Available: If you cannot find a self-service option in your account or if the terms require it, reaching out to Bizzfly.co’s customer support is the next step.
- Channels: Utilize their stated communication channels, such as email e.g., [email protected] if available, live chat, or a dedicated support ticket system.
- Provide Details: Clearly state that you wish to cancel your free trial, providing your account username/email and any relevant trial identification numbers.
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Confirm Cancellation: Always seek a confirmation from Bizzfly.co that your free trial has been successfully cancelled. This might be an email confirmation or a notification within your account dashboard. This step is vital to avoid being charged once the trial period ends.
Avoiding Unwanted Charges
The primary reason for timely free trial cancellation is to prevent automatic conversion to a paid subscription and subsequent charges.
- Set Reminders: If you enroll in a free trial, set a reminder a few days before its expiration date to give yourself ample time to cancel.
- Check Credit Card Statements: After cancelling, monitor your bank or credit card statements to ensure no charges from Bizzfly.co appear after the trial period.
- Understand Auto-Renewal: Be aware that many free trials automatically convert to paid subscriptions unless explicitly cancelled.
Bizzfly.co vs. Competitors
When an entrepreneur considers using a service like Bizzfly.co, a natural question arises: how does it stack up against its competitors? This comparison isn’t just about price.
It’s about the breadth of services, the target audience, the quality of support, and perhaps most importantly, the alignment with ethical business practices. Kbc.ie Reviews
While Bizzfly.co carves out a niche, understanding its position relative to others helps in making an informed decision.
Bizzfly.co’s Unique Selling Proposition USP
Bizzfly.co’s primary USP appears to be its specialized focus on facilitating Stripe account verification for clients from “non-supported countries,” alongside its core company formation and banking services in the UK and USA.
This particular offering addresses a significant pain point for many international online businesses.
They aim to be a comprehensive, yet affordable, solution for global entrepreneurs who face geographical barriers to traditional financial services.
Comparison with General Business Formation Services e.g., LegalZoom, Incfile, ZenBusiness
Feature/Aspect | Bizzfly.co | LegalZoom / Incfile / ZenBusiness General |
---|---|---|
Primary Focus | UK & US company formation, EIN, bank accounts, Stripe for non-supported countries. | Primarily US company formation LLC/Corp, registered agent, basic compliance. Some offer broader legal services. |
Target Audience | Global entrepreneurs, particularly those seeking UK/US presence and struggling with payment gateways. | US-based individuals/small businesses. some international reach, but less specialized in “non-supported” country payment issues. |
Stripe Setup | Explicitly assists with verified Stripe setup for non-supported countries, including website audit. | Generally does not offer specific Stripe setup assistance, especially for non-supported regions. Clients are usually expected to set up payment gateways independently after formation. |
Bank Account | Explicitly helps open Wise UK, Mercury/Relay US accounts. | Provides EIN for US accounts, but clients typically apply directly to banks. Less hands-on assistance with the application process itself. |
Pricing | Claims “affordable,” “low cost, no hidden fees,” implying competitive rates for bundled services. | Varied, from very low basic formation fees Incfile to higher-tiered packages with more features LegalZoom. Registered agent often an extra or free for first year. |
Global Reach | Strong emphasis on serving clients from 175+ countries. | Primarily US-centric, with some ability to serve international clients for US entity formation, but less emphasis on global operational setup challenges. |
Customer Support | Claims “Top-Notch Communication,” “within the hour” response times. | Varies by provider. generally good, but specialized international support might be less pronounced. |
Comparison with Stripe Atlas
Feature/Aspect | Bizzfly.co | Stripe Atlas |
---|---|---|
Company Type | UK LTD or US LLC. | Primarily US C Corp or LLC Delaware is common. |
Bank Account | Helps open Wise UK, Mercury/Relay US. | Helps open a US bank account e.g., Mercury, Silicon Valley Bank, etc. integrated with their service. |
Stripe Integration | Facilitates verified Stripe for non-supported countries a key focus. | Direct and seamless integration with Stripe’s own platform, as it’s a Stripe product. |
Tax Filing | Not explicitly detailed. likely provides formation documents but not ongoing tax. | Includes guidance on tax filing and compliance for US entities, often with partner recommendations. |
Pricing | Positioned as affordable with flexible packages. | Generally a higher, one-time fee, but includes a robust package of formation, EIN, bank, and initial tax guidance. |
Target User | Global entrepreneurs seeking general UK/US entry, including payment gateway help. | Tech startups, SaaS companies, and digital businesses globally looking for a US corporate structure and direct Stripe integration. |
Support | Emphasizes quick communication and global reach. | Backed by Stripe’s support, often includes access to a network of legal/accounting partners. |
Ethical Considerations in Choosing a Service
For Muslim entrepreneurs, the choice between these services should also be guided by ethical considerations. Ministryofhygiene.co.uk Reviews
- Transparency and Compliance: All services should operate with full transparency and strict adherence to legal compliance. Any service that hints at loopholes or questionable practices should be avoided.
- Financial Integrity: While many global payment and banking systems involve interest Riba, prioritizing services that help connect with Sharia-compliant banks or ethical financial platforms, or at least minimize direct involvement with interest-bearing products, is important. Bizzfly.co’s use of Wise, Mercury, and Relay, which are modern fintechs, may or may not offer specific Sharia-compliant options, requiring independent verification.
- Value Proposition: Evaluate whether the service genuinely adds value without facilitating unnecessary complexity or engaging in practices that contradict Islamic principles.
In conclusion, Bizzfly.co distinguishes itself primarily by its explicit focus on solving the “Stripe for non-supported countries” problem, making it a potentially strong choice for a specific niche of global online entrepreneurs.
However, for those requiring broader legal services, lower upfront costs for basic formation, or direct integration with a specific ecosystem like Stripe’s own, other alternatives might be more suitable.
Always perform thorough due diligence and seek clarity on all terms and conditions before committing.
What is Bizzfly.co?
Based on the information available on its website, Bizzfly.co presents itself as an online service designed to assist entrepreneurs and small business owners in establishing and operationalizing their ventures in the United Kingdom and the United States.
Its core mission appears to be simplifying the complex and often bureaucratic processes involved in company formation, obtaining essential tax identification numbers, opening business bank accounts, and setting up critical payment gateways for online transactions. Auddict.com Reviews
In essence, Bizzfly.co aims to be a comprehensive facilitator for international entrepreneurs looking to gain a foothold in these two major global markets.
Core Services Offered by Bizzfly.co
Bizzfly.co consolidates several key services that are typically required to launch and operate a legitimate business, particularly one with an online presence:
- Company Formation: They help register legal entities such as UK Private Limited Companies LTD and US Limited Liability Companies LLC. This involves handling the necessary paperwork and filings with the relevant governmental bodies e.g., Companies House in the UK, Secretary of State in US states.
- Employer Identification Number EIN Procurement: For US LLCs, an EIN is a federal tax ID. Bizzfly.co assists in the application process for this number, which is crucial for opening US bank accounts and other financial activities.
- Business Bank Account Opening: They offer assistance in setting up business bank accounts with specific fintech partners, namely Wise for UK companies and Mercury or Relay Financial for US companies. This service is particularly valuable for international clients who might face challenges opening accounts remotely.
- Payment Gateway Setup Stripe: A notable and highlighted service is their assistance in opening and verifying Stripe accounts, especially for businesses operating from countries that are otherwise “non-supported” by Stripe directly. They claim to do this “legally” by ensuring the client’s business structure and website comply with Stripe’s standards.
The Problem Bizzfly.co Aims to Solve
Starting a business, especially internationally, can be fraught with administrative hurdles:
- Complexity of Regulations: Different countries and even different states within the US have varying legal requirements for business registration, tax IDs, and compliance.
- Bureaucracy and Paperwork: The sheer volume of forms, applications, and legal jargon can be overwhelming for non-experts.
- Geographical Barriers: Entrepreneurs outside the UK/USA often face challenges in securing local business addresses, bank accounts, and payment processing solutions. For instance, Stripe’s geographical limitations can be a significant barrier for global e-commerce businesses.
- Time and Cost: Navigating these processes independently can be time-consuming and potentially expensive if mistakes lead to delays or require legal consultation.
Bizzfly.co positions itself as a solution to these problems by taking on the administrative burden, leveraging “technology and automation” to provide “quick & simple” services at a “low cost.”
Who is Bizzfly.co For?
Based on its offerings and messaging, Bizzfly.co is primarily designed for:
- International Entrepreneurs: Individuals or small teams located outside the UK or USA who wish to establish a legal business presence in these countries.
- Online Businesses/E-commerce: Businesses that rely heavily on online payment processing like Stripe and operate remotely.
- Startups on a Budget: Those looking for an affordable alternative to traditional legal and accounting services for initial setup.
- Founders from “Non-Supported” Stripe Countries: A very specific niche they aim to serve by helping overcome payment gateway access issues.
In summary, Bizzfly.co is an online service provider that acts as an intermediary to streamline the initial setup of businesses in the UK and USA, with a particular emphasis on addressing payment gateway access challenges for a global clientele.
Bizzfly.co Pros & Cons
When evaluating any service, it’s essential to weigh its advantages against its potential drawbacks.
Based on Bizzfly.co’s website claims and the nature of its services, here’s a balanced look at the pros and cons, particularly from the perspective of an entrepreneur seeking efficient and ethically sound business solutions.
Pros Based on Website Claims
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Streamlined Company Formation:
- Efficiency: Bizzfly.co emphasizes a “quick & simple” process, leveraging technology and automation. This means less paperwork and administrative burden for the entrepreneur.
- Accessibility: It offers a single point of contact for complex international business setup, making it easier for non-residents to establish UK or US entities.
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Facilitated Access to Essential Tools:
- Business Bank Accounts: Their assistance in opening accounts with reputable fintechs like Wise, Mercury, or Relay Financial is a significant advantage, especially for international clients who might struggle to open these remotely.
- Stripe Account Verification Key USP: This is arguably their strongest selling point. For entrepreneurs in countries not directly supported by Stripe, Bizzfly.co offers a pathway to establishing a verified account “legally.” This can unlock significant e-commerce potential for businesses.
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Cost-Effectiveness:
- Affordable Pricing: Bizzfly.co claims to offer “best service at affordable price” and “low cost & no hidden fees.” This positions them as a budget-friendly alternative to traditional legal or accounting services for initial setup.
- Value for Money: If they deliver on their promise of integrating multiple services formation, EIN, bank, Stripe seamlessly, it could represent considerable savings in time and direct costs compared to managing each step independently.
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Customer Support & Global Reach:
- Responsive Communication: They boast “Top-Notch Communication,” with claims of fast response times within the hour, or a few hours at most. Reliable support is critical for international clients dealing with time zone differences and complex issues.
- Extensive Support: Their claim of “active support + service in 175+ countries” indicates a broad reach and understanding of diverse client needs.
Cons Potential Concerns and Areas for Scrutiny
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Dependence on Third-Party Processing:
- IRS Timelines for EIN: As they openly state, the timeline for EIN processing is dependent on the IRS. This means Bizzfly.co cannot control all aspects of the process, and delays could occur beyond their control.
- Bank/Stripe Approval: While they assist, the final approval for bank accounts and Stripe still rests with those respective institutions. Bizzfly.co can facilitate but not guarantee approval, especially if the client’s profile has underlying issues.
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Ethical Considerations and “Legality” of Stripe for “Non-Supported Countries”:
- Nuance of “Legally”: While Bizzfly.co states they help open Stripe “legally” from non-supported countries, entrepreneurs must understand the precise legal basis. It likely involves establishing a fully compliant UK or US entity, which then qualifies for Stripe. However, the exact mechanisms and any potential risks for clients whose ultimate operations remain in a truly “non-supported” jurisdiction require deep scrutiny. It’s crucial not to misunderstand this as a way to bypass legitimate regulatory requirements.
- Underlying Financial Systems Riba: The recommended bank accounts Wise, Mercury, Relay and payment gateways Stripe operate within conventional financial systems that inherently involve interest Riba. While Bizzfly.co isn’t creating these systems, using them means engagement with interest-based finance. For Muslim entrepreneurs, this necessitates a critical evaluation and a proactive search for Sharia-compliant alternatives where feasible, or minimizing exposure to Riba within necessity.
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Scope Limitations:
- Ongoing Compliance: Bizzfly.co appears focused on the initial setup. Entrepreneurs will need to determine if they offer ongoing compliance, tax filing assistance, or legal advisory services beyond the initial formation, or if these will require separate arrangements.
- Specific Business Needs: The service might not be suitable for highly complex business structures or those requiring specialized licenses beyond general incorporation.
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Verification of Claims:
- “No Hidden Fees”: While a positive claim, it’s always prudent to review all package details and terms of service carefully to ensure there are no unexpected charges for specific steps or future renewals e.g., registered agent services.
- Customer Testimonials: While testimonials on the site are positive, entrepreneurs should also seek independent reviews on platforms like Trustpilot, Google Reviews, or relevant business forums to get a broader perspective on customer experiences and actual delivery times.
In conclusion, Bizzfly.co presents a compelling solution for a specific market need, particularly for international entrepreneurs struggling with payment gateway access.
Its efficiency and claimed affordability are significant draws.
However, potential users, especially those guided by Islamic principles, must diligently examine the nuances of its services, particularly the “legality” of the Stripe solution and the inherent involvement with interest-based financial systems, while also independently verifying their claims through external reviews.
Bizzfly.co, based on its website, is an online service that assists entrepreneurs in establishing and managing their businesses in the UK and USA.
It simplifies the process of company formation, obtaining tax IDs like EIN, setting up business bank accounts, and crucially, facilitating access to payment gateways like Stripe, even for businesses from countries traditionally not supported by Stripe.
How does Bizzfly.co help with company formation?
Bizzfly.co handles all the paperwork and filing processes required to register a UK Private Limited Company LTD or a US Limited Liability Company LLC on behalf of its clients, aiming to expedite the setup.
Does Bizzfly.co assist with obtaining an EIN?
Yes, if you form a US LLC through Bizzfly.co, they will prepare and submit your Employer Identification Number EIN application to the IRS.
Which banks does Bizzfly.co help open accounts with?
For UK companies, Bizzfly.co facilitates opening a Wise business account.
For US companies, they assist with opening accounts at Mercury or Relay Financial.
Can Bizzfly.co help me open a Stripe account if I’m from a non-supported country?
Yes, Bizzfly.co specifically highlights its service in helping clients from “non-supported countries” open a verified Stripe account legally.
They claim to audit your website for compliance and provide necessary instructions.
Is Bizzfly.co suitable for all types of businesses?
Bizzfly.co appears most suitable for online businesses, e-commerce ventures, and startups that require a UK or US legal entity, a business bank account, and crucially, a Stripe payment gateway.
What is the typical timeline for Bizzfly.co services?
While Bizzfly.co promises quick processing, they state that timelines for certain stages, like EIN procurement, depend on external factors such as IRS internal processing times.
Specific overall timelines are not explicitly detailed on the main page.
What are Bizzfly.co’s pricing models?
Bizzfly.co claims to offer “affordable price” and “flexible packages” with “no hidden fees.” Exact pricing details are not directly on the homepage and require navigating to a “See Pricing” section.
Does Bizzfly.co offer ongoing legal or accounting support?
The primary focus of Bizzfly.co, based on its website, is the initial setup: company formation, EIN, bank account, and Stripe.
It does not explicitly mention offering ongoing legal or accounting compliance services.
How does Bizzfly.co ensure “legal” Stripe setup for non-supported countries?
Bizzfly.co’s approach to “legal” Stripe setup likely involves ensuring a fully compliant UK or US legal entity is established, with a valid business address and bank account, which then meets Stripe’s requirements for registration, rather than bypassing Stripe’s geographical policies.
Are there any ethical concerns for Muslim entrepreneurs using Bizzfly.co?
While Bizzfly.co itself provides a facilitating service, the financial systems it connects to conventional banks and payment gateways inherently involve interest Riba. Muslim entrepreneurs should be mindful of this and explore Sharia-compliant alternatives where possible, or minimize engagement with interest-based elements out of necessity.
Can I cancel my Bizzfly.co service?
The website doesn’t explicitly detail a cancellation policy on its main page for one-time services.
For any potential recurring services like registered agent, you would typically need to refer to their Terms of Service and contact customer support.
What information do I need to provide to Bizzfly.co to get started?
Based on their “how it works” section, you would need to “fill out your company information on our online form,” suggesting basic business details, personal identification, and perhaps website information for the Stripe compliance audit.
Does Bizzfly.co provide registered agent services?
While not explicitly listed as a standalone feature on the main page, company formation services often include or require a registered agent.
It’s crucial to verify if this is part of their package or an additional service, as a registered agent is legally required for US LLCs and UK LTDs.
How does Bizzfly.co compare to LegalZoom or Incfile?
Bizzfly.co distinguishes itself with its explicit focus on assisting international clients, particularly with payment gateway access Stripe for non-supported countries, which is less of a focus for general formation services like LegalZoom or Incfile that primarily cater to US-based clients.
Is Bizzfly.co better than Stripe Atlas?
Bizzfly.co offers both UK and US entity formation, while Stripe Atlas focuses primarily on US C Corps/LLCs.
Bizzfly.co emphasizes broader access to payment gateways for “non-supported” regions, while Stripe Atlas is a direct product of Stripe itself, offering seamless integration.
The “better” choice depends on your specific needs UK vs. US, and direct Stripe ecosystem reliance vs. broader access.
What if my website isn’t compliant with Stripe’s standards?
Bizzfly.co states they will “audit your website for compliance with Stripe’s standard” and “give you instructions for necessary changes.” This implies they will guide you to make your website suitable for Stripe verification.
Does Bizzfly.co guarantee bank account or Stripe approval?
While Bizzfly.co assists with the application process, the final approval for bank accounts and Stripe accounts rests with the respective financial institutions.
They can facilitate the process and enhance your chances, but cannot guarantee approval.
Are Bizzfly.co’s services available globally?
Bizzfly.co states they have “active support + service in 175+ countries,” indicating a wide global reach for their client base.
What kind of customer support does Bizzfly.co offer?
Bizzfly.co claims “Top-Notch Communication,” with support agents typically responding within an hour or a few hours at most. This suggests email or ticket-based support.
How does Bizzfly.co help with tax obligations after formation?
Bizzfly.co’s website focuses on initial setup.
It does not explicitly detail ongoing tax filing assistance or advisory services.
Clients would likely need to arrange for these independently or through a separate service.
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