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escrownomy

01-29-2020 02:20 PM

Could I register an LLC to bypass Paypal limit?

Yo,

Was curious, can I make a new LLC and register a business paypal under that?

Would be new address, new ip, new phone number, new EIN.

I think you still have to put your real name however, so my name would be the same. Nothing else.

Would this work longterm?

phaz0rz

01-29-2020 02:58 PM

Re: Could I register an LLC to bypass Paypal limit?

Yes. http://phazors.com/pics/image1.gif

escrownomy

01-29-2020 02:59 PM

Re: Could I register an LLC to bypass Paypal limit?

Quote:

Originally Posted by phaz0rz (Post 1065450)

Yes. http://phazors.com/pics/image1.gif

Anything special I should do?

Or just legalzoom a delaware llc, open new bank on that ein, and register the account?

JayRay

01-29-2020 03:00 PM

Re: Could I register an LLC to bypass Paypal limit?

Works Best.

phaz0rz

01-29-2020 04:16 PM

Re: Could I register an LLC to bypass Paypal limit?

Quote:

Originally Posted by escrownomy (Post 1065451)

Anything special I should do?

Or just legalzoom a delaware llc, open new bank on that ein, and register the account?

That should work. I never messed with out of state LLC's, but that's roughly how I would setup my accounts.

yankee

01-29-2020 04:20 PM

Re: Could I register an LLC to bypass Paypal limit?

Personally, I would add the EIN ONLY if and when paypal asks for it if you are using it on ebay.

degsey69

01-29-2020 04:38 PM

Re: Could I register an LLC to bypass Paypal limit?

You have to give an EIN and last 4 numbers of your SSN when opining or converting to a business account on PayPal.

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