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JuiceMonkey 03-04-2007 02:26 PM

Questions: Canadians setting up businesses/bank accounts in US?
 
I am looking to get a business bank account setup in the states.. I'm guessing I need a DBA and business license to get the bank account?

I am a canadian living in canada, but I am able to travel to the states fairly easily (hour drive or less).. has anyone ever tried to do something like this?

FetishWeb 03-04-2007 04:28 PM

Quote:

Originally Posted by JuiceMonkey (Post 12013997)
I am looking to get a business bank account setup in the states.. I'm guessing I need a DBA and business license to get the bank account?

I am a canadian living in canada, but I am able to travel to the states fairly easily (hour drive or less).. has anyone ever tried to do something like this?


Pre-patriot act this was a breeze.

They all interpret the rules differently but you shouldn't need more than to fill out a W8 to get a tax id. Might take a lot of shopping around to find a bank that isn't full of retards that know how to do everything.

If you get a DBA or incorporate in the US you are going to have a lot of unnecessary tax complications.

JuiceMonkey 03-04-2007 07:03 PM

Quote:

Originally Posted by FetishWeb (Post 12014822)
Pre-patriot act this was a breeze.

They all interpret the rules differently but you shouldn't need more than to fill out a W8 to get a tax id. Might take a lot of shopping around to find a bank that isn't full of retards that know how to do everything.

If you get a DBA or incorporate in the US you are going to have a lot of unnecessary tax complications.

I am looking to setup some merchant processing in the states.. I have everything worked out as long as I have a US business bank account, and a US business addy (have that)... I can get the account with a tax id?

JuiceMonkey 03-05-2007 01:55 PM

up we go :)

JuiceMonkey 03-09-2007 04:04 PM

one last hoorah


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