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Can use paypal business account without having a company!
 

Hi everyone,

My question is: can i open new paypal business account without having a company name!

and is paypal business account work well with ebay or is there is a risk to use paypal business account!

so please anyone let me know if it's okay to open business account or just use personal account!

Re: Can use paypal business account without having a company!
 

Both types of accounts are equally effective in regards to receiving payments. There isn't much benefit in using a business account rather than a personal.

It's possible to open a business account without a "business name", but you will first have to get a "sole proprietor" EIN from the IRS. Then you would register using your name + EIN by telling Paypal during registration you will be operating as a sole proprietor. Frankly though I don't recommend doing this, because a sole proprietor will be held responsible for any debt your "business" incurs.

If I were you, I would either use stealth personal accounts or incorporate a multi-member LLC and register for a business account using your EIN.

Re: Can use paypal business account without having a company!
 

Why are you so eager to open a business account?

Open a personal account and see if it lasts longer than 3 months. Then if all goes well, get an EIN and upgrade.
Why is everyone so eager to fly before crawling?

Re: Can use paypal business account without having a company!
 

'Cos some of us crawl, then walk, then FLY!

:juggle: