Recent content by tomwis

I cannot get it to work. As if PayPal (Business Account for my Delaware LLC) required US-address for my Revolut Visa. Which I don't have of course. Then, going into the confirmation with Revolut, it gets not confirmed :(

Is it possible to transfer $$ from PayPal US (Business Account) to Revolut (in Lithuania)? Either via IBAN or to Revolut's card? If yes, then I cannot figure it out...

I have registered an LLC in Delaware a few years ago, it did zero business, so I closed it. I would like to relaunch this LLC instead of setting up a new one for my new business, because it already had EIN, which is valid today. I'm non-resident foreigner. What is the procedure, what do I need...

Have you managed to get that ITIN? Did you go $499 or DIY route? How long did it take?

I had registered some LLCs in the past (for example I have EIN), so maybe I got ITIN somewhere along the way. But I cannot find it in any documents I've got. So is there any way to check it? Or a Fast Track to obtain it? I'm a non-resident alien for the US IRS.

I have instant access to only first $500 earned every month. PayPal puts the rest on hold for 21 days. Is there some legitimate way to get rid of this limit? Or at least move this limit higher? I don't want solutions like "ask customers to confirm" or "as customers for review", I've read...

Thanks Martin, that's some good explanation there.

If this is so standard, then why nobody at Wise nor PayPal support even mentioned that? Do you guys know any link (on PayPal I assume) under which I could read more about this procedure?

My setup is this: 1. I collect payments from customers via PayPal 2. Then I send them from PayPal to Wise 3. From Wise to my bank in home country. Yesterday I have noticed payment went out from my Wise account to PayPal! but I didn't authorize. It turns out there was a "Direct Debit" set up on...

Delaware LLC (non-resident, single member LLC) is said to protect identity of the real owner from public eyes, but is there really no workaround? Ways that come to my mind (apart from performing the obvious Google search): 1. checking in official Delaware Division of Corporations or other...

"We charge for outgoing domestic and international wires ($10 and $50, respectively)" - 2x / 2.5x more expensive than Mercury.

Interesting, I heard some good words about moving money through Puerto Rico. But is it useful in my case? I don't think Stripe would accept connecting Puerto Rico bank for a US LLC.

Thanks @Sols and @eadeveloper. I ddn't realize it is that difficult. Can anybody share some bad experiences about Transferwise then? Also - what about Payoneer?

With which bank should I open an account? The main goal is to be able receive funds from Stripe and transfer them to my home country in Europe. This is a single-member non-resident LLC for pass-through taxation. I think the requirements are: 1. easy to setup (without travelling to the USA...

That looks promising, thank you. Can I also change company details this way? (Company name, EIN, bank account)