Hello Community! I'm the co-founder of technology startup. We are at the stage of fund raising so we need to setup US PayPal business account for our US based LLC. Some background information: - I and my partner have formed an LLC in the State of Delaware in February, 2014. It is a 50/50 co-ownership - Both co-owners are non-US residents. We are Russian citizens - We have a certificate of formation - We did NOT open US bank account yet - We currently have a Russian personal bank account and debit MasterCard - We did NOT receive EIN (employee identification number) yet - We did NOT have US physical business address yet - We have the only income source from US residents. Our startup is completely targeted on US market. - According to US-Russia tax treaty, we are going to pay US-only taxes - We don't sell any goods. We are providing an information technology services. The PayPal account is required primarily for fund raising, accepting payments for services and paying our users in some cases We are going to setup EIN as soon as we begin to receive taxable income. And we need to understand whether we already need to have US bank account and/or physical address to effectively run US business using PayPal. Our questions are: 1) Are we eligible for signing up for US PayPal business account w/o US bank account, US physical address and EIN? 2) Are we eligible to receive and send payments on US business account w/o US bank account and EIN? 3) Are we required to open US bank account before signing up for business account and receive/send payments? 4) Are we required to get EIN before signing up for business account and receive/send payments? 5) Are we required to to provide any documents other then certificate of formation before signing up for business account and receive/send payments? 6) Are there any other requirements we need to satisfy before signing up? If we required to have either US bank account or US physical address, could you please advice us a best option to sign up for PayPal business account? Thanks for attention to our matter. We appreciate any guidelines and help. Regards, Kirill Rebrov P.S. We don't have physical business address in the US, but of course we have a US registered agent in the State of Delaware.
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