r/llc

I own a small online personal training business.

I've formed my LLC and have a business checking account from which the monthly subscription charges are pulled.

The online platform I use to deliver my services pays out monthly via PayPal. Up to this point, I have accepted the money via my personal PayPal account.

My question: if I accept the money via my personal PayPal account but then deposit it into my business checking, do I maintain separation since the money ultimately ends up in the hands of the business?

Any help here would be appreciated. Thanks!

1 - I live in NJ
2 - Created a single member LLC in Arkansas
3 - Used a registered agent in Arkansas and as principal address on the Certificate of Organization filed with the state of Arkansas.
4 - there will be no physical location or office. Managed out of my home in NJ.
5 - no business will be done in NJ. Only in Arkansas.

My question is - how do I answer these two questions on the IRS website EIN application.

Please select the state/territory where the business is physically located. - should this be Arkansas where the LLC was created or New Jersey where I live?

Where is the Single Member Limited Liability Company (LLC) physically located?" - this is asking for a specific address. Should I use the registered agent address in Arkansas or my personal address in NJ?

Im staring my own Functional Nutrition Practitioner health and wellness business (no medical insurance will be taken and I do not diagnose) where I am the sole owner and employee. What company is better to go with to form my LLC? Theres legal zoom, Taylor brands, zen business, etc. Im in NY if that makes a difference. I want whoever i go with to be on top of any legal paperwork for me when needed. Any insight would be much appreciated. Thank you!

Hey guys,

I am the owner of an Foreign owned LLC for the past 5+ years, being using Mercury with no issues. I have Mercury CashBack Credit Card which works just fine, I was thinking recently to get AMEX Business, just for the benefits of it, the issue is they require ITIN or SSN to apply for one.

Does anyone have any experience with AMEX as a non resident owner of an LLC?
Do you have any recommendation for another business card I can apply for?

Hey everyone, I'm a non-US resident with a Wyoming single-member LLC. Mercury just rejected my application without giving me a specific reason.

For anyone who has been in a similar situation, what alternative business banking/payment solution did you use that actually worked?

I'd really appreciate hearing from people who actually went through this and found a working solution.

Thanks in advance to everyone.

Kind of a couple questions if my business was called John Smith Excavation LLC can my Facebook page or the stickers on my work truck say for example JS Excavation? Do I need a dba for this or what?

Starting a new consultancy firm with another partner who is based in another state than I am.

Looking for reccos on banking options.

Requirements:
- No monthly fees
- Virtual debit card creation
- Xero integration
- There if something goes wrong and not non existent support

I like the look of Mercury, and I understand they are Fintech and the FDIC insurance is through partner banks.

I’ve also looked into what appears to be a newer bank, Grasshopper Bank, that has the FDIC charter themselves.

Any experience with these, or other options with positive experiences?

We need to urgently update the owners and officers for my California LLC. What is the most efficient and fastest way to get this done? Is there a fee involved?? Is there paperwork I need to fill out?

I tried to start a business 2yrs ago. Got my llc, fed ein #, bank account, resale permit with state. Couldn't get it going so I closed it earlier this year & closed fed ein # too.

Now I'm trying to get the business going again. I realized after the fact that my home addy was public for my original llc. I don't want people seeing this, would I have to file for an LLC in Delaware to keep it private? Can I use my same business name again or do I have to change it? Is it possible to make my llc one name and keep my business name the same and have it under my llc somehow?

Do I need to file for a new resale permit with the state?

Sorry to be kind of all over the place. I'm a bit overwhelmed trying to figure this all out again.

Can I use a co-working space as my physical office, so long as it is at a separate location from my registered agent?

I formed a single-member LLC in California through a registered agent in July of this year. I got an EIN and filed the Statement of Information, but I never actually did anything with it, no bank account, money contributed, purchases, income, expenses, assets, employees, or any other transactions.

I decided to close it and filed through bizfile. Since it was less than 12 months old, I selected “Termination – Short Form – CA LLC”, and it was approved immediately.

Now I'm confused about the FTB side. From what I understand, I still need to file a final Form 568, but the 2026 Form 568 isn't available yet. I contacted the FTB chat and they told me I'd have to wait until after the calendar year ends for the form to become available.
Is that actually correct?

For the federal side, since it was a single-member LLC, I believe it would normally be reported on my personal 1040 under Schedule C. But since the LLC had literally zero activity, is there even anything I need to file on Schedule C?

I'm also waiting to file the Form 568 so I can close things out with the IRS and get rid of the EIN I received.

Hi all, hoping to get some clarity from folks who've been through a similar setup.

My situation: I'm a US citizen (so I have an SSN) but I'm a tax resident of India, where I live and work. I'm forming a single member Wyoming LLC for a portfolio of software products. Plan is to file through Northwest Registered Agent (their $39 formation package) with the Wyoming Secretary of State, then get the EIN myself online and open a Mercury business account.

Question 1: Payment for registration. My CA in India told me not to use my personal Indian card to pay Northwest or the Wyoming SOS. His reasoning: acquiring an interest in a foreign entity is a capital account transaction under FEMA (India's forex law), and those can't be done via credit card. They have to be routed through an authorised bank. Has anyone in a similar cross-border situation dealt with this? I no longer have an active US account. What payment process did you follow for the initial formation costs before you had any US account?

Question 2: ODI process with Indian banks. For those who've done this from India: what does the Overseas Direct Investment (ODI) process actually look like in practice with ICICI or HDFC? Which desk or branch do you approach, what's the Form FC filing experience like, how long does it take, and what documents did the bank ask for? Any gotchas with the annual APR filing afterward?

Question 3: What else should I be mindful of? Dual US-India exposure means I'm already tracking: FBAR, Form 8938, Schedule FA on my Indian ITR, quarterly estimated taxes both sides, and the FEMA rule that resident individuals can't hold subsidiaries under a controlled foreign entity. Anything else that bit you that I should know about before Day 1?

Thanks in advance for any inputs, genuinely appreciate this community.

I’m building a consumer mobile app targeting US and global customers, while development and operations are handled overseas.

Does having a US LLC and positioning it as a US-based brand actually help with customer trust, sales or growth?

Or do customers generally not care where the company is registered as long as the product is good?

Would love to hear from founders who have faced this decision.