North America Common Law
Operating SaaS founders running Stripe first revenue, Texas (USA)
Texas has no personal or corporate income tax. Only the Texas Franchise Tax (margin tax) at 0.375%-0.75% on revenue above $1.23M. For most early stage SaaS that means $0 state tax until scale, with Stripe and Mercury onboarding in 72 hours.
No personal income taxTexas Franchise Tax onlyMargin exempt under $1.23M
Start setup {placement} 4 min · no card required
Corp tax
21%
Fastest setup
5 days
Tax treaties
68
Region
North America
What you'll need
- No resident director required
- Remote-friendly, no local office
- No substance requirement
- Minimum capital: No minimum capital
- Administrative language: English
- Legal system: Common law
Tax and treaty profile
- Corporate tax 21%
- Effective rate ~21.75%
- Tax treaties 68
- VAT rate 0%
- Withholding on dividends 30%
Key treaty partners
UKCanadaGermanyFranceJapanAustralia
Banking and payments
- Banking is straightforward
- Stripe supported
- Mercury supported
- Wise supported
- Crypto banking available
- EMI license framework available
Considerations
If Series A institutional VC is the goal
Tier-1 funds still default to Delaware case law for cap table protection and acquirer comfort. A Texas C-corp can flip later, but it's friction at the worst time.
Delaware flip likelyMargin tax complexityTier-1 VC default