Paypal documents - USA LLC

[bizhero]

Hello Guys, since I didn't find a solution for card processing for my business, I decided to start using just Paypal. The problem is that I am afraid of future account freezing due to verification. So, my question is: which documents usually Paypal asks? I am no-US resident, using a virtual office. I have company EIN.

 

[fshore]

For a US LLC they require ein and ssn. They might ask for proof of‌ address.

 

[bizhero]

I don't have SSN, jut EIN. For proof of‍ address I have a virtual office, what I can send to them?

 

[kengan]

intersted in this aswell. someone knows more how to get this to work?

 

[James2774]

You can apply for‍ an ITIN in the US which will act in place of the SSN. It can⁠ take 8 weeks or more however.

Also, try creating your personal PayPal account, and look⁤ in the dashboard, there’s an option to change it to a business account. You may⁣ just have to enter your EIN and business info at that point.

 

[Gediminas]

Hi,

May I ask what is your business?

 

[fshore]

PayPal now say they require a ssn, itin is⁣ not accepted. It might work with a itin until you are asked for verification, but⁢ then it would be a problem.

 

[James2774]

If thats the case then only US citizens could have⁠ a business paypal, where did you read that? If youre a non citizen with an⁤ LLC its not possible to have an SSN.
With the ITIN they may ask for⁣ further verification of the ITIN which would be a W9 (iirc thats the comparable tax⁢ form used by a non resident)
Not saying youre wrong that just seems hard to︀ believe PayPal would not accept ITIN and cut off a huge part of the US︁ ppopulation

 

[fshore]

You can try to open an account online and you'll see. I also called︀ several times and they confirmed by phone the same.

 

[bizhero]

I confirm‍ that as well. They require SSN.

 

[bizhero]

yeah, exactly.

 

[ZeroEx]

Better to setup and use Paypal in countries other than Canada and USA as they‌ have alot of legal requirements over there.