While I agree that there are many confusing jurisdictional pitfalls in incorporation and banking, this isn&#x27;t one of them. SVB in particular has customers all over the nation and it is ludicrous to suggest that a state&#x27;s tax authorities would go after customers of banks based in their state as if they had jurisdiction over those customers&#x27; business conducted outside the state.<p>Law is a messy business, but they have literally taken the most typical arrangement for startups in US accelerator programs as the first template for Stripe Atlas. I can&#x27;t imagine a safer set of choices.