Paypal business type selection
ultra23
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Posted on
Sep-02-2022
09:17 AM
Hello,
I,am opening a business paypal with my private limited company in the UK , however i,am not sure what to choose as the paypal business type : would it be a sole proprietorship or a private corporation or else?
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1 REPLY 1
PayPal_RachelK
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Sep-06-2022
01:18 AM
Hi @ultra23,
Thank you for your post!
When creating a PayPal account, you must choose the business type that matches company you run. If you have a Private Limited Company, then you must choose Private Corporation.
The correct business type is required for verification in the future.
I hope this helps!
- Rachel
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