How To Obtain a PayPal Business Account as a Nonresident?
You can open a PayPal business account for your business as a non-resident, and you can keep on selling your items on eBay & Etsy, and your e-commerce platform. One of the most significant benefits of having a Paypal business account is that it is more common and its policies are more stable in the US when compared to other countries.You can smoothly receive your payments with a verified business PayPal account.
🚀 What is required to open a PayPal business account in the US?
The first step forming a U.S. entity. First of all, you need to have a legal business in the US if you want to open a Paypal business account, You can form your company in any state. After your company formation is done, you will receive a “certificate of formation” document. This document will verify your business. You need to have a valid address to receive your post and a registered agent address. (As Social Enterprises LLC, we can form your company as super simple, and super fast. If you read this say SocialPayPal and get % a 15 discount on our listed rate!
The second step getting Tax ID numbers; Employer Identification Number (EIN)* and Individual Taxpayer Identification Number (ITIN)**. You need to start with EIN for your company and after you receive it you need to apply ITIN since the total process will take up to 16 weeks. (As Social Enterprises LLC, we can apply and get your ITIN with 2 easy steps. Contact us at firstname.lastname@example.org
The third step applying Paypal and verifying your business. this is the most fun and easy step! While you get verified, you will receive a debit card to your business address (Yes, we do international shipping)
The last step is asking your questions before starting all these processes by email ( email@example.com) or by text or on Whatsapp ( +1 302 310 2176)
Advantages of PayPal Business Account
This steady progression provides the customers with reliance. With your business Paypal account in the US, you do not have to worry about the problems with Paypal in other countries. A reliable payment system will also help your customers remove the questions and doubts in their minds.
You can choose one of our services to start your business in the US, and you can always contact us for further information or questions.
If you have pre-sales questions, Call us at + 1 302 310 21 76 (You can also text on WhatsApp!)
* An Employer Identification Number (EIN) is also known as a Federal Tax Identification Number and is used to identify a business entity.
** An Individual Taxpayer Identification Number (ITIN) is a tax processing number issued by the Internal Revenue Service. The IRS issues ITINs to individuals who are required to have a U.S. taxpayer identification number but who do not have, and are not eligible to obtain, a Social Security number (SSN) from the Social Security Administration (SSA).