diff --git a/src/config.js b/src/config.js
index cc12b4d5..57d0ad06 100644
--- a/src/config.js
+++ b/src/config.js
@@ -1,10 +1,6 @@
 import * as custom from './marketplace-custom-config.js';
 import defaultLocationSearches from './default-location-searches';
-import {
-  stripePublishableKey,
-  useDeprecatedLegalEntityWithStripe,
-  stripeSupportedCountries,
-} from './stripe-config';
+import { stripePublishableKey, stripeSupportedCountries } from './stripe-config';
 
 const env = process.env.REACT_APP_ENV;
 const dev = process.env.REACT_APP_ENV === 'development';
@@ -212,7 +208,6 @@ const config = {
   stripe: {
     publishableKey: stripePublishableKey,
     supportedCountries: stripeSupportedCountries,
-    useDeprecatedLegalEntityWithStripe,
   },
   canonicalRootURL,
   address: {
diff --git a/src/forms/PayoutDetailsForm/PayoutDetailsFormCompany.js b/src/forms/PayoutDetailsForm/PayoutDetailsFormCompany.js
deleted file mode 100644
index a8885c4c..00000000
--- a/src/forms/PayoutDetailsForm/PayoutDetailsFormCompany.js
+++ /dev/null
@@ -1,235 +0,0 @@
-import React from 'react';
-import { bool, string } from 'prop-types';
-import { compose } from 'redux';
-import { FormattedMessage, injectIntl, intlShape } from 'react-intl';
-import { FieldArray } from 'react-final-form-arrays';
-import {
-  ExternalLink,
-  FieldTextInput,
-  IconAdd,
-  IconClose,
-  InlineTextButton,
-} from '../../components';
-import * as validators from '../../util/validators';
-
-import PayoutDetailsAddress from './PayoutDetailsAddress';
-import PayoutDetailsBankDetails from './PayoutDetailsBankDetails';
-import PayoutDetailsPersonalDetails from './PayoutDetailsPersonalDetails';
-import { stripeCountryConfigs } from './PayoutDetailsForm';
-import css from './PayoutDetailsForm.css';
-
-// In EU, there can be a maximum of 4 additional owners
-const MAX_NUMBER_OF_ADDITIONAL_OWNERS = 4;
-
-const PayoutDetailsFormCompanyComponent = ({ fieldRenderProps }) => {
-  const {
-    id,
-    disabled,
-    form,
-    intl,
-    values,
-    form: {
-      mutators: { push },
-    },
-  } = fieldRenderProps;
-  const { country } = values;
-
-  const companyNameLabel = intl.formatMessage({ id: 'PayoutDetailsForm.companyNameLabel' });
-  const companyNamePlaceholder = intl.formatMessage({
-    id: 'PayoutDetailsForm.companyNamePlaceholder',
-  });
-  const companyNameRequired = validators.required(
-    intl.formatMessage({
-      id: 'PayoutDetailsForm.companyNameRequired',
-    })
-  );
-
-  const companyTaxIdLabel = intl.formatMessage({
-    id: `PayoutDetailsForm.companyTaxIdLabel.${country}`,
-  });
-  const companyTaxIdPlaceholder = intl.formatMessage(
-    {
-      id: 'PayoutDetailsForm.companyTaxIdPlaceholder',
-    },
-    {
-      idName: companyTaxIdLabel,
-    }
-  );
-  const companyTaxIdRequired = validators.required(
-    intl.formatMessage(
-      {
-        id: 'PayoutDetailsForm.companyTaxIdRequired',
-      },
-      {
-        idName: companyTaxIdLabel,
-      }
-    )
-  );
-
-  const showPersonalAddressField =
-    country &&
-    stripeCountryConfigs(country).companyConfig &&
-    stripeCountryConfigs(country).companyConfig.personalAddress;
-
-  const showAdditionalOwnersField =
-    country &&
-    stripeCountryConfigs(country).companyConfig &&
-    stripeCountryConfigs(country).companyConfig.additionalOwners;
-
-  const hasAdditionalOwners = values.company && values.company.additionalOwners;
-  const hasMaxNumberOfAdditionalOwners =
-    hasAdditionalOwners &&
-    values.company.additionalOwners.length >= MAX_NUMBER_OF_ADDITIONAL_OWNERS;
-
-  const additionalOwnersInfoLink = (
-    <ExternalLink
-      href="https://support.stripe.com/questions/owners-and-directors"
-      className={css.termsLink}
-    >
-      <FormattedMessage id="PayoutDetailsForm.additionalOwnersInfoLink" />
-    </ExternalLink>
-  );
-
-  return (
-    <React.Fragment>
-      {country ? (
-        <React.Fragment>
-          <div className={css.sectionContainer}>
-            <h3 className={css.subTitle}>
-              <FormattedMessage id="PayoutDetailsForm.companyDetailsTitle" />
-            </h3>
-            <FieldTextInput
-              id="company.companyName"
-              name="company.companyName"
-              disabled={disabled}
-              type="text"
-              autoComplete="company-name"
-              label={companyNameLabel}
-              placeholder={companyNamePlaceholder}
-              validate={companyNameRequired}
-            />
-
-            <FieldTextInput
-              id="company.companyTaxId"
-              name="company.companyTaxId"
-              className={css.taxId}
-              disabled={disabled}
-              type="text"
-              autoComplete="company-tax-id"
-              label={companyTaxIdLabel}
-              placeholder={companyTaxIdPlaceholder}
-              validate={companyTaxIdRequired}
-            />
-          </div>
-
-          <PayoutDetailsAddress
-            country={country}
-            intl={intl}
-            disabled={disabled}
-            form={form}
-            fieldId="company.address"
-          />
-
-          <PayoutDetailsBankDetails country={country} disabled={disabled} fieldId="company" />
-
-          <PayoutDetailsPersonalDetails
-            intl={intl}
-            disabled={disabled}
-            values={values}
-            country={country}
-            fieldId="company"
-          />
-
-          {showPersonalAddressField ? (
-            <PayoutDetailsAddress
-              className={css.personalAddressContainer}
-              country={country}
-              intl={intl}
-              disabled={disabled}
-              form={form}
-              fieldId="company.personalAddress"
-            />
-          ) : null}
-
-          {showAdditionalOwnersField ? (
-            <div className={css.additionalOwnerWrapper}>
-              <FieldArray id={id} name={'company.additionalOwners'}>
-                {({ fields }) =>
-                  fields.map((name, index) => (
-                    <div className={css.additionalOwnerWrapper} key={name}>
-                      <div
-                        className={css.fieldArrayRemove}
-                        onClick={() => fields.remove(index)}
-                        style={{ cursor: 'pointer' }}
-                      >
-                        <span className={css.additionalOwnerLabel}>
-                          <IconClose rootClassName={css.closeIcon} size="small" />
-                          <FormattedMessage id="PayoutDetailsForm.additionalOwnerRemove" />
-                        </span>
-                      </div>
-                      <PayoutDetailsPersonalDetails
-                        intl={intl}
-                        disabled={disabled}
-                        values={values}
-                        country={country}
-                        fieldId={`company.additionalOwners.${index}`}
-                      />
-                      {showPersonalAddressField ? (
-                        <PayoutDetailsAddress
-                          className={css.personalAddressContainer}
-                          country={country}
-                          intl={intl}
-                          disabled={disabled}
-                          form={form}
-                          fieldId={`company.additionalOwners.${index}`}
-                        />
-                      ) : null}
-                    </div>
-                  ))
-                }
-              </FieldArray>
-
-              {!hasAdditionalOwners || !hasMaxNumberOfAdditionalOwners ? (
-                <React.Fragment>
-                  <InlineTextButton
-                    type="button"
-                    rootClassName={css.fieldArrayAdd}
-                    onClick={() => push('company.additionalOwners', undefined)}
-                  >
-                    <span className={css.additionalOwnerLabel}>
-                      <IconAdd rootClassName={css.addIcon} />
-                      <FormattedMessage id="PayoutDetailsForm.additionalOwnerLabel" />
-                    </span>
-                  </InlineTextButton>
-                  <p className={css.additionalOwnerInfo}>
-                    <FormattedMessage
-                      id="PayoutDetailsForm.additionalOwnerInfoText"
-                      values={{ additionalOwnersInfoLink }}
-                    />
-                  </p>
-                </React.Fragment>
-              ) : null}
-            </div>
-          ) : null}
-        </React.Fragment>
-      ) : null}
-    </React.Fragment>
-  );
-};
-
-PayoutDetailsFormCompanyComponent.defaultProps = {
-  id: null,
-  disabled: false,
-};
-
-PayoutDetailsFormCompanyComponent.propTypes = {
-  id: string,
-  disabled: bool,
-
-  // from injectIntl
-  intl: intlShape.isRequired,
-};
-
-const PayoutDetailsFormCompany = compose(injectIntl)(PayoutDetailsFormCompanyComponent);
-
-export default PayoutDetailsFormCompany;
diff --git a/src/forms/PayoutDetailsForm/PayoutDetailsFormIndividual.js b/src/forms/PayoutDetailsForm/PayoutDetailsFormIndividual.js
deleted file mode 100644
index 55ffe0c9..00000000
--- a/src/forms/PayoutDetailsForm/PayoutDetailsFormIndividual.js
+++ /dev/null
@@ -1,48 +0,0 @@
-import React from 'react';
-import { bool } from 'prop-types';
-import { compose } from 'redux';
-import { injectIntl, intlShape } from 'react-intl';
-
-import PayoutDetailsAddress from './PayoutDetailsAddress';
-import PayoutDetailsBankDetails from './PayoutDetailsBankDetails';
-import PayoutDetailsPersonalDetails from './PayoutDetailsPersonalDetails';
-
-const PayoutDetailsFormIndividualComponent = ({ fieldRenderProps }) => {
-  const { disabled, form, intl, values } = fieldRenderProps;
-  const { country } = values;
-
-  return (
-    <React.Fragment>
-      <PayoutDetailsPersonalDetails
-        intl={intl}
-        disabled={disabled}
-        values={values}
-        country={country}
-        fieldId="individual"
-      />
-      <PayoutDetailsAddress
-        country={country}
-        intl={intl}
-        disabled={disabled}
-        form={form}
-        fieldId="individual.address"
-      />
-      <PayoutDetailsBankDetails country={country} disabled={disabled} fieldId="individual" />
-    </React.Fragment>
-  );
-};
-
-PayoutDetailsFormIndividualComponent.defaultProps = {
-  disabled: false,
-};
-
-PayoutDetailsFormIndividualComponent.propTypes = {
-  disabled: bool,
-
-  // from injectIntl
-  intl: intlShape.isRequired,
-};
-
-const PayoutDetailsFormIndividual = compose(injectIntl)(PayoutDetailsFormIndividualComponent);
-
-export default PayoutDetailsFormIndividual;
diff --git a/src/stripe-config.js b/src/stripe-config.js
index 6753b1e0..611d9bba 100644
--- a/src/stripe-config.js
+++ b/src/stripe-config.js
@@ -7,13 +7,6 @@
 // To make Stripe connection work, you also need to set Stripe's private key in the Flex Console.
 export const stripePublishableKey = process.env.REACT_APP_STRIPE_PUBLISHABLE_KEY;
 
-// You can check your Stripe API version from Stripe Dashboard -> Developers.
-// If you are using the API version that is earlier than '2019-02-19' change this value to 'true'
-// See Stripe API changelog: https://stripe.com/docs/upgrades#api-changelog
-// NOTE: we are not supporting company accounts with new Stripe API yet!
-// The option for company accounts will be hidden if this value is set to 'false'
-export const useDeprecatedLegalEntityWithStripe = false;
-
 // Stripe only supports payments in certain countries, see full list
 // at https://stripe.com/global
 //
diff --git a/src/translations/en.json b/src/translations/en.json
index a90a1a51..3594b6b4 100644
--- a/src/translations/en.json
+++ b/src/translations/en.json
@@ -456,10 +456,6 @@
   "PasswordResetPage.resetFailed": "Reset failed. Please try again.",
   "PasswordResetPage.title": "Reset password",
   "PayoutDetailsForm.accountTypeTitle": "Account type",
-  "PayoutDetailsForm.additionalOwnersInfoLink": "Stripe support.",
-  "PayoutDetailsForm.additionalOwnerInfoText": "For Hong Kong, Singapore, and Single Euro Payments Area member countries, Stripe requires information of every person that owns at least 25% of the company. For more information, see {additionalOwnersInfoLink}",
-  "PayoutDetailsForm.additionalOwnerLabel": "Add additional owner",
-  "PayoutDetailsForm.additionalOwnerRemove": "Remove additional owner",
   "PayoutDetailsForm.addressTitle": "Address",
   "PayoutDetailsForm.bankDetails": "Bank details",
   "PayoutDetailsForm.birthdayDatePlaceholder": "dd",