Tagged Questions

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0answers
15 views

Addresses, Bank AC, Foreign Qualification : SMLLC operating outside US, doing business in US through internet?

I am Single member LLC operating from India. While incorporating there are some addresses to be filled up. Registered Agent : That would be simply RA's address. It will be provided by them. No ...
0
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1answer
65 views

Using a New Personal Bank Account for an LLC?

Business Structure: LLC Country: US State: Texas City: Austin Income: So far? $0 I am forming an LLC and was looking into "business" checking accounts, and most charge some kind of fee. Either ...
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3answers
156 views

Transferring money out of LLC business account to a personal account to pay a international supplier to avoid wire transfer fee

Our newly formed LLC (2 members) has a business checking account. It has a rather high international wire transfer fee for sending out payments from the US to overseas ($45). My partner suggested ...
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3answers
90 views

How do I pick a bank for my LLC (USA)?

I want to open a business bank account for my LLC to keep my finances separate. How, in general, should I go about shopping for a bank account? Relatedly, are there any particular banks that excel ...
1
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0answers
98 views

US bank account for LLC [closed]

I am from India and want to setup LLC in USA. I am unable to visit to USA.Is there a way that my friend (who is in USA) open a business account in USA for my LLC. To do so, I can include him in my ...
1
vote
1answer
242 views

Can a bank account accept checks written to two different business names?

Is it possible for a bank account to accept checks written to two different parts of an LLC? For example, I have ABC LLC, which operates at ABC.com, and I accept checks using both the ABC and ABC ...
1
vote
1answer
119 views

LLC formed in WY, registered as Foreign LLC in CA, where to open business bank account?

Online, home-based company. Should I open a business bank account in WY or CA? Does this even matter? What different things do I need to be considering when making this decision?
0
votes
1answer
225 views

Does opening a bank account for an llc make a person personally responsible for the account?

I've asked a bank what they require in order to open a bank account for an llc, and the main thing was a "certificate of good standing". Since the "certificate of good standing" or even the "article ...
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3answers
201 views

Business Expense Question: Paying Rent

I have an LLC set up, and am learning my way with regards to keeping books etc. I was told recently that I can use the business bank account to pay up to 50% of my rent (being that I am the owner, and ...
5
votes
4answers
897 views

How to register LLC in USA or LTD in UK and bank account, for foreigner?

I am from Serbia, Europe (Not Europe Union country). I develop Android apps and would like to sell them on Android market. I can not register for Google merchant account from Serbia so I need business ...
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vote
2answers
165 views

How can I transition my personal funds to my LLC funds?

I am registering for an LLC after freelancing on the side. My current clients are writing checks to my name. Do I just simply cash these checks into my business account going forward?
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2answers
218 views

Can a personal checking account be opened to make purchases in an LLC?

I am wondering what is the best bank to use for opening a developer account with apple for selling apps. I have seen that many banks charge $0.40 for transactions which would make no business sense ...
3
votes
2answers
271 views

When doing business in multiple countries, how should an LLC structure bank accounts?

Should there be separate accounts open at a bank in each country? Should they all be with one bank that has branches in each country, how is that typically done?
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2answers
855 views

Separate Personal Bank Account for a LLC

I understand that you always want to use a business banking account for your LLC lest you lose legal protections by intermixing personal money with business money. Does the same apply if I were to ...
4
votes
2answers
1k views

Claiming Laptop as LLC expense

I don't have a separate bank account for my LLC (I am sole owner). I am planning to buy a new laptop. How do I claim it as an LLC expense, come tax time? Related questions: What are pros/cons of ...