I'm in the UK with a US (Florida) based LLC. Yesterday I finally (after many weeks of back and forth with the IRS - you really do have to keep bugging them.) got my EIN number and was able to open a business bank account with Mercury using my registered agent address and my UK home address. No issues opening the account this way and it literally got approved in minutes. Just to see if I could, I tried the same information with Relay and it wouldn't let me use the registered agent address with a UK home address, it wanted a US residential address. As I have the Mercury account I will leave it at that but thought I would share me recent experience.
Hi Liam, Thank you for this reply. I live in the UK and already have an EIN number because I sell books on Amazon. However, I want to start a company in America. Is all I need to do: 1. set up an LLC, or a C corp, 2. have my registered agents address. Then I can get a mercury Account? Kind regards, Mark
@@markllewhellin4571 Yes, but depending on the address you have. Mercury might not accept, some of them are flagged. James has a video on that were he uses a tool called Smarty to check if the address is good
As a non-resident multi-member LLC (B2B SaaS) registered in Delaware or Wyoming, we want to use a Virtual Mailing / Business Address of another state, only to display on the website, with no physical presence or office activity there, e.g. California or Atlanta (sales are within the economic nexus threshold). Do we need to register as a foreign LLC and any other formalities related to this? Thanks
Great videos and knowledge!! If I use a friends address to open a bank account , can anybody show up at his house , like lawyers , the irs , if they are looking for me ? ( I hope it never happens but I wouldn’t like to bother them…) ; also if any non resident taxes declaration needs to be made, like W8B or any other… , do I need a USA address ? The same as my friends would be good ? Thank you !!
great video! what would you recommend for tiktok? I have a LLC i have a bank account with Mercury so all I need now is proof of adress. Whats your advice ? cheers
What if i use my cousin real home address for both the residential and business address is this recommended, or would you suggest using a virtual commercial address for the business address?
I used a registered agent to open an LLC in Wyoming recently. I am a non-US citizen but now that Relay does not accept Registered agent address, I am planning to try Mercury because I have a Shopify Store and already got EIN. I am listening to your videos but can you clarify how I can get my aunt in the US to give me proof of address? Would she need to put my name on a bill or something else?
In the case of TruLease physical business address, is it considered a fixed place of business in the US and would be subject to taxes for Foreign owned LLC even if the business it self is conducted outside the US?
Services are sourced where they are performed. This is all just paper it doesn't impact the actual facts and circumstance of your business especially if you aren't there
Hello James, I also form companies im the USA and facing issues in bank account opening. Can you suggest some cheap options or we can enter into a arrangement. Looking forward to connect with you.
If I get proof of personal address to open a personal bank account, and then get a bank statement and use it to open my business account, does the business address in the Articles and EIN need to match my personal address in the bank statement?
i got a question for you,i m italian soon i back to florida i buy a van for live inside with all the comfort i used to have chase bank years ago,but i need reopen my bank account and get again florida driver license and start again my immigration process so i need to have address for drive license dmw and immigration process...i can't put down i m living in post office :-) how i can deal with this?
Wouldn't having a US address cause my foreign-sourced business's income to be effectively connected (due to rent generally, but not sure how these methods work) and thus cause me to pay income taxes?
Im planning to be in new york on november via b1/b2 visa, and i want to open bank account from bank of america or chase for personel usage and for investing in the us. However, i dont have relative or friend to help me about adress either utility. Can you help me about that, and do you have service about that? Thank you
Hi ! Thanks for the helpfull video. If i will open an business address at my relatives in the US and then i will go bankrupt or a lawsuit ,they can go for that house for address associated to my business?
First: I have a question before I open a company with you. I want to know information about taxes in detail so that I can know and understand what to do for the money that I pay you. What are the forms that we must submit to the IRS for a limited liability company that is not resident in America, and for an individual? One? I am Egyptian and do not reside in America, but I will open a limited liability company in the state of Wyoming. My type of business is e-commerce, and I target the American market... Second: What do I need to provide to the bank and taxes (virtual mailing address or virtual business address)? Do you understand me * * Please answer all of these questions so that you can be reassured and the company will open with you as quickly as possible Thanks...
@@JamesBakerCPAi have my address associated with CMRA and unfortunately got it registered with IRS. Should i buy a new address and then re register with IRS? I want to open bank account and do ecomerce..Plz reply soon
hi, since I have relatives in the US, can my relative accompany me when I visit Chase or any local credit union branch and bring his/her utility bill in their name and inform the bank personnel that I live with them in that address? or do you recommend that I get a postpaid line first under my name?
Hey James I have an LLC through an agent my client is only going to pay by cheque I have neo bank account with mercury and payoneer. Is there a way to get the physical check clear ?
I am personally frustrated with all this proof of address stuff. It is really frustrating when you have to move quickly or often or trying to reestablish yourself in a different region in the country. A physical address is in all practically a fiction. When many people move they live of of their cars for a time. Post offices need to add identity verification as a service. Then you mail an address verification check to see if people actually can receive mail. If something needs greater security then they can require you to verify your identity at a local post office along with the verification letter. And why wouldn't verification at a bank be legitimate? Show your real face and take scanned fingerprints in person.. or a retnal scan.. And other stuff. In person!!!
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I'm in the UK with a US (Florida) based LLC. Yesterday I finally (after many weeks of back and forth with the IRS - you really do have to keep bugging them.) got my EIN number and was able to open a business bank account with Mercury using my registered agent address and my UK home address. No issues opening the account this way and it literally got approved in minutes. Just to see if I could, I tried the same information with Relay and it wouldn't let me use the registered agent address with a UK home address, it wanted a US residential address. As I have the Mercury account I will leave it at that but thought I would share me recent experience.
Thanks for sharing! You were a bit lucky with mercury. Relay has been more annoying for sure
Hi Liam, Thank you for this reply. I live in the UK and already have an EIN number because I sell books on Amazon. However, I want to start a company in America. Is all I need to do:
1. set up an LLC, or a C corp, 2. have my registered agents address. Then I can get a mercury Account? Kind regards, Mark
@@markllewhellin4571 Yes, but depending on the address you have. Mercury might not accept, some of them are flagged. James has a video on that were he uses a tool called Smarty to check if the address is good
@g.1771 Thank you for that information, I really appreciate it 😊
Is it possible to send me the video link about the smarty tool please 🙏
@@markllewhellin4571 th-cam.com/video/XIIW4TNBDhc/w-d-xo.htmlsi=YELqxGN7yDiCeuSQ
Love the Saul Goodman vibes 😁
I'm an expat. Need an account in the US to get SS checks. Friends let me use their US addresses. Not work. Need a lease, bills etc.
Once I've submitted a proof of address to lest say Relay, can I cancel my address service provider or will Relay ask for it in the future?
I have an LLC. Your video is helpful
You're an angel
As a non-resident multi-member LLC (B2B SaaS) registered in Delaware or Wyoming, we want to use a Virtual Mailing / Business Address of another state, only to display on the website, with no physical presence or office activity there, e.g. California or Atlanta (sales are within the economic nexus threshold). Do we need to register as a foreign LLC and any other formalities related to this? Thanks
Great videos and knowledge!! If I use a friends address to open a bank account , can anybody show up at his house , like lawyers , the irs , if they are looking for me ? ( I hope it never happens but I wouldn’t like to bother them…) ; also if any non resident taxes declaration needs to be made, like W8B or any other… , do I need a USA address ? The same as my friends would be good ? Thank you !!
great video! what would you recommend for tiktok? I have a LLC i have a bank account with Mercury so all I need now is proof of adress. Whats your advice ? cheers
Many thanks, wonderful assistance
What if i use my cousin real home address for both the residential and business address is this recommended, or would you suggest using a virtual commercial address for the business address?
I used a registered agent to open an LLC in Wyoming recently. I am a non-US citizen but now that Relay does not accept Registered agent address, I am planning to try Mercury because I have a Shopify Store and already got EIN. I am listening to your videos but can you clarify how I can get my aunt in the US to give me proof of address? Would she need to put my name on a bill or something else?
Watch the video and just get your own proof of address. Maybe your aunt can help you get a phone there. Or just get your own tello phone
Hey ! Any updates please ? Did it work with mercury ?
Relay is Horrible.
They turned down my EIN with the Same Address
And do not accept virtual
They don't accept virtual addresses. We use our different offices for our clients and once you are open ive been having a great experience
In the case of TruLease physical business address, is it considered a fixed place of business in the US and would be subject to taxes for Foreign owned LLC even if the business it self is conducted outside the US?
Good question
That's a very good question, what's your opinion about it James?
Services are sourced where they are performed. This is all just paper it doesn't impact the actual facts and circumstance of your business especially if you aren't there
Hello James, I also form companies im the USA and facing issues in bank account opening. Can you suggest some cheap options or we can enter into a arrangement. Looking forward to connect with you.
Thanks James.My brother want to open LLC ,bank account
If I get proof of personal address to open a personal bank account, and then get a bank statement and use it to open my business account, does the business address in the Articles and EIN need to match my personal address in the bank statement?
Is this just for opening a bank account? Do I need that address on ongoing basis for the same bank account ?
Can I get a US government issued document as a US LLC owner?
i got a question for you,i m italian soon i back to florida i buy a van for live inside with all the comfort
i used to have chase bank years ago,but i need reopen my bank account and get again florida driver license and start again my immigration process so i need to have address for drive license dmw and immigration process...i can't put down i m living in post office :-) how i can deal with this?
Wouldn't having a US address cause my foreign-sourced business's income to be effectively connected (due to rent generally, but not sure how these methods work) and thus cause me to pay income taxes?
No only if services are performed in the US this is just a mailing address you aren't actually there
I need a US adress for a ITIN. How can I get a adress?
Im planning to be in new york on november via b1/b2 visa, and i want to open bank account from bank of america or chase for personel usage and for investing in the us. However, i dont have relative or friend to help me about adress either utility. Can you help me about that, and do you have service about that? Thank you
Can I use the residential address from anytime mailbox as both my home address and company address?
Can try!
Wise Business or Mercury for a non resident?
I would suggest Relay Financial
@@keturahallan7220 For personal or for business banking?
Hi !
Thanks for the helpfull video.
If i will open an business address at my relatives in the US and then i will go bankrupt or a lawsuit ,they can go for that house for address associated to my business?
They may use it to find you if you default on loans and all that sure
First: I have a question before I open a company with you. I want to know information about taxes in detail so that I can know and understand what to do for the money that I pay you. What are the forms that we must submit to the IRS for a limited liability company that is not resident in America, and for an individual? One?
I am Egyptian and do not reside in America, but I will open a limited liability company in the state of Wyoming. My type of business is e-commerce, and I target the American market...
Second: What do I need to provide to the bank and taxes (virtual mailing address or virtual business address)?
Do you understand me
* * Please answer all of these questions so that you can be reassured and the company will open with you as quickly as possible
Thanks...
Hi, if I use a "valid CMRA" would that be an issue from the bank in opening my business account?
Yes if you don't have a US personal address it will typically be an issue
@@JamesBakerCPAi have my address associated with CMRA and unfortunately got it registered with IRS. Should i buy a new address and then re register with IRS? I want to open bank account and do ecomerce..Plz reply soon
As a Pakistani citizen and a non-US resident, finding a bank account that I can remotely open even with a US address seems impossible. Any advice?
we pakistani are fuc*ed up everywhere bro i also have tried in alot of banks
try wise or payoneer
I wanted to buy Hiscox insurance but they don't accept prepaid cards if anyone wants to help me I'll reward them it's urgent please.
And how can I get a utility bill for address bought from anytime mailbox?
Call utilities and see how it goes. Try to order
hi, since I have relatives in the US, can my relative accompany me when I visit Chase or any local credit union branch and bring his/her utility bill in their name and inform the bank personnel that I live with them in that address? or do you recommend that I get a postpaid line first under my name?
Get a Vonage bill in your name it's 9.99
Hi j , is ipostal1 ok to sign up for proof of address ? And can i use residential address same asy business address
@Redcapsseed let us know how that goes!
@@Redcapsseeddid this work? Considering to use it to open my bank account with itin
Hey James let’s say my LLC is formed
In TX can I use a NC address cause I have family in NC but my LLC is already formed In TX
This can work for sure
@@JamesBakerCPA thanks
what if i am from Jamaica and trying to start a start up but I don't have access to America could I still get a LLC and a bank account
Did you watch the video? Yes you can!
@@JamesBakerCPA 😂
I have done this so yea you can
Does this need to be the same address I put when I opened my LLC?
So when I opened my LLC I had to put a US adress as my company address and I used a shipito address, that won’t work for a bank account
Yes
Is Tello not good enough? I bought Tello connection.
the actual bill may work. Worth a try
@@JamesBakerCPAit worked for Relay. Thanks
Hey James I have an LLC through an agent my client is only going to pay by cheque I have neo bank account with mercury and payoneer. Is there a way to get the physical check clear ?
Hmm random address generator. 😂😂😂😅 POV: Your bank sends statements to Walmart
Lol
😂😂😂😂
I am personally frustrated with all this proof of address stuff. It is really frustrating when you have to move quickly or often or trying to reestablish yourself in a different region in the country.
A physical address is in all practically a fiction. When many people move they live of of their cars for a time.
Post offices need to add identity verification as a service. Then you mail an address verification check to see if people actually can receive mail. If something needs greater security then they can require you to verify your identity at a local post office along with the verification letter. And why wouldn't verification at a bank be legitimate?
Show your real face and take scanned fingerprints in person.. or a retnal scan.. And other stuff. In person!!!