Creating a business account?

[FRANK BACON]

I have a individual, stealth, ebay and paypal account. I would like to change it over to a business account if this is possible. I would like to pay taxes in 2015 so this is why I would like to add the EIN.

If this is not possible would it be ideal to open a new account as business and if so do they give you a starting selling limit? If the limit is low what is the best way to increase it? Since I have in the past with the individual account have had to provide personal information to have it increased.

Thank you for any advice.

[shoyru]

well i think its easy , you just login to account go to upgrade near status personall , put your business + fone + address and you done , you got a paypal business , even your paypal is business ebay still dont increase your selling limit , not effect at all , you need more feedback on ebay for more selling limit also you can call them for ask , tell them about your business and maybe ....

[yankee]

I suggest never adding the EIN until paypal demands it.

[yankee]

Also, you should pay your taxes. Whatever entity the funds are withdraw into is responsible for that income.

[yankee]

So to clarify, I dont add EIN to any accounts that dont have very high limits and have a business model that I expect to last for years but any funds I withdraw come into my companies accounts. Taxes are still paid etc..