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Originally Posted by Bogdan
I am wondering where the best place is to incorporate cheaply and easily open a bank account.
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You need to provide more information than this.
If you are just looking to open a business bank account, you simply need to swing by your local county clerk's office (if U.S. based). You pay something like $10-25.00 typically, and register a company name. This would be a D.B.A. (doing business as). You can then take that form to the bank, and open up a business checking account.
Now, if you want to go an LLC and Fed Tax ID route, that is a different enterprise. I would recommend you open up the yellow pages, and look for a lawyer who can do this for you. It is anywhere from $350-500.00 all depending, so feel free to shop around. You can also do this (I'm told) with that legalzoom website as well.
Either way, this is a bit more pricey, but you will have an LLC and Fed Tax ID so you do not need to provide your SSN. Once you get this finalized, you take those forms to the bank, and open up a business bank account under the new LLC name and FTI.
The main issue here is time. How quickly you want to get set up, and the legal structure you prefer or are wanting this business to be established as. If this is a long term business, and you plan to be doing it for awhile, I would recommend you spend a few bucks to go the LLC route.
Good luck toots.