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.
Paypal documents - USA LLC
- Thread starter bizhero
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I don't have SSN, jut EIN. For proof of address I have a virtual office, what I can send to them?
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.
Hi,
May I ask what is your business?
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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.
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 to believe PayPal would not accept ITIN and cut off a huge part of the US ppopulation
You can try to open an account online and you'll see. I also called several times and they confirmed by phone the same.
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