Multiple business PayPal accounts with different tax payer IDs
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Hello,
I understand that we can have one consumer account and 1 business account. My question is how PayPal determines ownership of these accounts. For example, if I own 2 LLCs, they are separate entities from me. It is frowned upon to commingle funds from my personal accounts and these two LLCs so the suggestions that have been made to use 1 PayPal account for many businesses actually can put a company in a legal issue. So my question is if I have a business account with my social security number and another business account with my LLC's tax payer ID, is that considered me having two accounts or will Paypal consider that only having one account because the LLC is not me, it's a separate entity?
Thank you.
- Labels:
-
Manage settings
-
Update profile info
Haven't Found your Answer?
It happens. Hit the "Login to Ask the community" button to create a question for the PayPal community.
- How does someone who don't have or want a PayPal account send money to my PayPal account? in My Money Archives
- it says that I cant transfer the money to my Paymaya account? why is that? can someone help me? in My Money Archives
- PayPal took money from my account because buyers card issuer took it in Payments Archives
- transfer funds doesn't appear in my business acocunt in My Money Archives
- Withdrew money, different amount hit my bank account. in My Money Archives