Setting up EIN/LLC for PayPal - eBay Suspended & PayPal Limited Forums
eBay Suspension & PayPal Limited Forums  
Join Today
Register Subscribe
     

Registration is fast, simple and absolutely free so please, join our community today!


Go Back   Home > Marketplace Discussions > PayPal Talk

PayPal Talk PayPal Forums. General issues related to PayPal.

Reply
 
Thread Tools
  #1  
Old 05-16-2019
Junior Member
 
Join Date: Dec 2010
Posts: 10
Thanks: 6
Thanked 1 Time in 1 Post
Activity: 0%
Longevity: 69%
iTrader: (1)
Default Setting up EIN/LLC for PayPal

Hey Guys,

I've searched the forum and found some information, but a lot may possibly be outdated, so I wanted to pose the question here.

I'm getting tired of the tax limit, and setting up new PP accounts is becoming more and more of a pain in the rear every month, so I'm looking into getting and providing an EIN.

Is it still possible to upgrade to business and provide an EIN for a stealth account? Will they immediately ask for my SSN, as well? How do you deal with this?

Thanks!
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 05-16-2019
nyc's Avatar
nyc nyc is offline
Senior Member
 
Join Date: Feb 2013
Posts: 623
Thanks: 197
Thanked 96 Times in 63 Posts
Activity: 4%
Longevity: 52%
iTrader: (1)
Default Re: Setting up EIN/LLC for PayPal

Yes it's possible to upgrade to a business and add ein info.

They don't ask for your full ssn but they ask for the last four, you can get creative and decide what to do here.

Just make sure your LLC is organized and formed a month or two ahead before uploading it on PP, they will confirm your taxpayer status by either ein/itin/ssn.

Also from what I've seen recently, after upgrading from personal to business, there's a notification in PayPal that requires you to provide documentation to confirm your business (confirm business name/ein, and business address I believe). So far this hasn't had any impact on the PayPal account but I've seen if your taxpayer info doesn't match then pp will temporarily restrict your account. It's no big deal to be honest because you can conduct business as usual but it is a temporary restriction.

You'll see the confirm your taxpayer status screen when you go into settings> account owner information or something like that.
__________________
I'm a hustler's hope, I'm not his pipe dreams.
Reply With Quote
The Following User Says Thank You to nyc For This Useful Post:
OFFICE (05-16-2019)
  #3  
Old 05-16-2019
Junior Member
Threadstarter  
 
Join Date: Dec 2010
Posts: 10
Thanks: 6
Thanked 1 Time in 1 Post
Activity: 0%
Longevity: 69%
iTrader: (1)
Default Re: Setting up EIN/LLC for PayPal

Thanks for your help, NYC.

So it will accept my real last 4 ssn with my stealth name? Or should I just be creative?
Reply With Quote
  #4  
Old 05-16-2019
nyc's Avatar
nyc nyc is offline
Senior Member
 
Join Date: Feb 2013
Posts: 623
Thanks: 197
Thanked 96 Times in 63 Posts
Activity: 4%
Longevity: 52%
iTrader: (1)
Default Re: Setting up EIN/LLC for PayPal

You're welcome.

Just use the last 4 of your EIN. That's what I've been doing for a few years now and I haven't faced any show stopping issues.
__________________
I'm a hustler's hope, I'm not his pipe dreams.

Last edited by nyc; 05-16-2019 at 04:06 PM. Reason: Courteous grammar.
Reply With Quote
The Following User Says Thank You to nyc For This Useful Post:
OFFICE (05-16-2019)
  #5  
Old 05-16-2019
bman707's Avatar
Senior Member
 
Join Date: Mar 2019
Posts: 743
Thanks: 45
Thanked 108 Times in 97 Posts
Activity: 0%
Longevity: 4%
iTrader: (0)
Send a message via Skype™ to bman707
Default Re: Setting up EIN/LLC for PayPal

yes EINS work at the moment best way to go instead of keep switching accounts good luck
__________________
Set Your Expectations Higher Then Your Goals

Fresh Secure US/UK/Canada IP Address : https://secure.ipburger.com/aff.php?aff=191
Reply With Quote
Reply



Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Need help setting up a vps for a paypal act ITVS Paypal Limited 3 09-28-2016 01:12 AM
Setting up first paypal djb2 UK PayPal Talk 2 03-16-2014 04:07 PM
Setting up a new paypal account - How? Blue_johnny UK PayPal Talk 2 11-27-2011 09:45 AM
Help about Setting Up a New eBay/PayPal will123 UK eBay & Paypal 10 10-12-2011 03:51 PM
Setting up New PayPal at work nlikens PayPal Talk 5 12-01-2010 11:29 AM


Aspkin Group

All times are GMT -5. The time now is 05:32 AM.


Stop the guessing games and learn how you can quickly and easily get back on eBay today!
Read the best selling step-by-step eBay Suspension guide eBay Stealth!
Amazon Suspension? Read Amazon Ghost to get back on Amazon!
vBulletin® Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Ad Management by RedTyger
no new posts