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stealth business accounts dba question
 

hi all,

i'm one week with my stealth accounts now. sort of try to run test accounts first, before try to register them all as business to get EIN.

Question: can i just open accounts with a whatever dba and claim them to be LLC, then later on, when it runs good and time is ripe, i then go to register that same named dba/llc, and add the paperwork when asked?

that case i save money and time - coz within 6 months you probably won't know if the account will go strong, you might kill it by beginner mistake, right? i heard ebay and paypal doesn't care, if you say you are a llc, then you are. i just did one, they didn't ask any questions. guess it's just a bit headache when it comes to an identity check down the road, depends on what proof they will ask. but if it only takes a few days to get your reall llc ready, it won't be a problem right?

Any guru give me advice? what paperwork would ebay/paypal ask? thanks!

I have LLC and they never asked me for anything besides the usual invoices

Yes, invoices are important, I use the free software, open office.org, it's a whole suite of products like microsoft office, but not a $299 price tag.has a writer,excel,etc.

thanks that's good to know! i read on this forum following:"And to upgrade or open business account, they required copies of State business license, EIN form from IRS, Articles of Organization filed with state, suppliers, physical address". was not sure if it is individual case.

so do you think my plan is ok? like not to register now but register when get asked from paypal/ebay?

paypal tend to ask for this type of info B4 ebay does.

Consider having everything in order to reduce any down time whilst you get the correct paperwork done.

:pop2:

Seems like the advice is set for you - hope it works out

thanks, i know it is the best to have all the paperwork ready before hand, but can't bother to register like 5 or 10 llc for all accounts, thought to observe a bit. like invoices i have no problem, kinda wondering what else they will ask.

They won't ask anything if you don't have too many problems.

Add tax id to aged accounts that have the request. It's silly to add before imo.