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Old 10-29-2014
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Default Limits for Business Accounts?

Hey ev1!

I'd like to know if anyone can estimate the soft limits of new UK Business / LLC PayPal accounts?

New business account, uploaded w8bene form & company registration papers.
Then account got limited while buying some items. Limit was bcos of too many transactions, not the amounts spent.
Card confirmed, identity confirmed, now the account is good to go and VERIFIED with PayPal.

So since the account is verified and is a business account, how do you estimate the receiving limits if I don't have any complaints/disputes?
I'm selling outside eBay at the moment.

Is there an untold limit where I need to enter any additional data like VAT number or something else?

Last edited by nandika; 10-29-2014 at 04:16 AM.
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Old 10-29-2014
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Default Re: Limits for Business Accounts?

You will need to provide docs to remove the EU limits, which are just over £1900 at the moment.
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Old 10-29-2014
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Default Re: Limits for Business Accounts?

those are all different limits.

VAT info is needed for tax. You need to get a tax accountant to help there. Here's the UK figures
https://www.gov.uk/vat-registration-thresholds

Anti-money laundering limits for UK are £1900 and for EU countries, the amount is 2500 euros ( give or take)
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Default Re: Limits for Business Accounts?

If i have provided docs when i was limited (photoid, company papers), will i need to upload it again for the £1900 limit?

I won't be over £81K so vat is not needed i guess.
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