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Old 06-23-2020
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Default Paypal account without a company

Is there any point in opening a company paypal without a company?

Last edited by kytrgor; 06-23-2020 at 05:22 AM.
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Old 06-23-2020
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Default Re: Paypal account without a company

Quote:
Originally Posted by kytrgor View Post
Is there any point in opening a company paypal without a company?
I guess your question is: Is there any point in opening a business paypal account without a registered business?
By law, not every business must be officially registered. It depends on your business structure and your business needs.
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Old 06-23-2020
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Default Re: Paypal account without a company

You cannot open a business account on paypal without providing an EIN.
You CAN open a personal account and later on upgrade it to a business account. Not all that difficult to get an EIN.
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Old 06-23-2020
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Default Re: Paypal account without a company

If you are in EU you can open a business account without a company, in US is different
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Old 06-23-2020
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Default Re: Paypal account without a company

Quote:
Originally Posted by Evofox View Post
If you are in EU you can open a business account without a company, in US is different
The OP's question was related to PAYPAL and BUSINESS ACCOUNT.
You can be Individual or Sole trader and have a Business.
In some states in the US, you can open a business without having to register a company (meaning without the need of EIN), which means also you can a Business bank account in these states without having to register a company.
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