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]

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

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]

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.

 

[Gediminas]

Hello Guys, since I didn't find a solution for card processing for my business,

Hi,

May I ask what is your business?

 

[fshore]

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.

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]

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

 

[fshore]

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.

 

[bizhero]

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

I confirm that as well. They require SSN.

 

[bizhero]

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

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.