US PayPal Account

Once your US company is formed, we can easily open an account for you. One option is a US business account with PayPal.

A US PayPal account costs $500. Please note up front that this add-on service can only be ordered together with a US company formation.

You can find more on opening a US business account here.

What is a PayPal account?

PayPal is an online payment service that lets you send and receive money over the internet. It works much like a bank account: you can hold funds and make payments using your email address. Beyond online payments, PayPal also offers services such as credit card processing, merchant accounts and payment protection. 

For an overview of the ways to transfer money between the USA and Europe , click here.

What are the benefits of a PayPal business account?

A PayPal business account is quick to open and comes with plenty of advantages.

With your PayPal business account, you can accept online payments from customers and merchants right away. And of course you can also send money to all kinds of recipients and accounts.

Setting up the PayPal account:

All we need is an email address of your choice. It links the company's business account to your business.

Distributions of the profits your company earns are ultimately paid into the regular US business bank account that we open for you as part of forming the company.

For your US company's PayPal business account, you need a US tax number for foreigners, known as an ITIN. With ITIN Express, we're happy to handle the application for you. For applications from abroad, the IRS quotes 9 to 11 weeks until you are notified of the application status.

Find out about your options for opening an account in the USA here. Learn more about banking for your US company here.


Here you'll find more on moving to the USA, including health insurance and your Social Security number.

In short

• A US business account with PayPal is an option for your newly formed US company, as an add-on to the formation.
• With the PayPal business account, you accept online payments from customers right away and send money to other recipients.
• Profit distributions go through the company's regular US business bank account.
• You need an ITIN for the account; for applications from abroad, the IRS quotes 9 to 11 weeks until notification.

How we help you

• US Company FormationLLC, Inc or LP in Delaware, Florida, California, New York, Texas or Wyoming.
• US Bank Account OpeningYour own access to the American financial system, even without an SSN.
• ITIN ExpressYour ITIN through our special procedure, no tax return needed.
• Form an LLCThe US LLC with a permanent establishment, turnkey in six states.
• Form a CorporationThe US corporation (Inc) for growth, investors and your visa.