 Re: Existing non-stealth Ebay account take over and just change name on it and add ne
You said they are giving the option to provide a EIN, so keep all contact info the same and if u haven't already upgrade to a business paypal account and go on the IRS website and get an EIN , it takes 5 minutes I have done this 3 times and u get the EIN Instantly , just fill in all your legal info on the IRS site and than opt to get the EIN electronically and they will give u a pdf with a confirmation letter of ur new EIN. Number
It says it's good right away to open bank accounts but for verifying it takes 2 weeks to get into the system.
I added the EIN. Numbers same day I received them and the accounts are 3 months strong since . So possibly the verification either doesn't take the 2 weeks or by the time paypal gets around to verifying it it's weeks later or Paypal knows that it takes a couple weeks and waits to verify
In any case go the EIN route so no personal info needs to be changed and ur business won't skip a beat and possibly down the road add ur name in as an employee and than later if u feel u need to than send all documents necessarily to switch the business contact person to ur name
If you first add ur name as an employee than maybe few months later u want to change over everything at least it's in progression and won't look as drastic
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