Receiving and withdrawing, country by country
In many countries, PayPal limits whether you can receive money or withdraw it.
Cleared by the LLC
Built for · PayPal access
A US LLC to open a PayPal Business account from abroad
PayPal exists in most countries but works properly in fewer. Founders whose home account can't receive money, can't withdraw it or can't be opened form a US company to open a US business account instead.
01 · Why a US company
What it does for founders who need PayPal.
A US PayPal Business account is opened for the US company and its EIN, receives dollars, and withdraws to the company's US bank account.
Read the full explanation
A US PayPal Business account is opened for the US company and its EIN, receives dollars, and withdraws to the company's US bank account. For founders where PayPal can only send, only receive or isn't available at all, it's a working version of something their customers already use.
- 01
Receive and withdraw, in dollars
A US PayPal Business account withdraws to the company's US bank account.
PayPal withdrawal payout+1,940.00 USD - 02
A checkout they already use
Customers who pay with PayPal can pay the company.
AccountPayPal Business · US - 03
The details PayPal asks for
The EIN and a US bank account, with ID for the owner.
EINOn file - 04
Two processors, not one
PayPal limits new accounts more readily than Stripe, so founders run the two side by side.
Stripe · PayPalSeparate accounts
02 · What stands in the way
Three things in the way, and one way through.
An EIN, ID and US contact details
PayPal's US business onboarding asks for the EIN and ID for the owner, and can ask for a US address, a US phone and an SSN or ITIN.
Cleared by the LLC
New accounts are watched closely
PayPal places limits and reserves on new accounts, and on dropshipping stores in particular.
Cleared by the LLC
A US LLC, with its EIN and a US bank account.
What PayPal's US onboarding asks of the company, ready before you apply.
Start a company03 · Your options
Three ways to use PayPal from abroad.
PayPal exists almost everywhere, but in many countries it can only send, or only receive. A US business account receives and withdraws in dollars, after a closer look.
| PayPal in your own country | A payout service beside it | A US LLC with US PayPal BusinessWhat we set up | |
|---|---|---|---|
| Receiving and withdrawing | A cost or a limit: Depends on your country | Neutral: Receives, then moves money home | Works in your favour: Receives, and withdraws to a US bank |
| Fee a checkout sale | Neutral: Your country's PayPal rate | A cost or a limit: PayPal's rate, plus the service's fee | Neutral: 3.49% + 49¢ in the US |
| Currency conversion | A cost or a limit: On most payments | A cost or a limit: On most payments | Works in your favour: None on dollar sales |
| A new account's first payments | A cost or a limit: Can be held | A cost or a limit: Can be held | A cost or a limit: Can be held up to 21 days |
| Who a dispute reaches | A cost or a limit: You | A cost or a limit: You | Works in your favour: The LLC |
| Yearly US filing | Works in your favour: None | Works in your favour: None | A cost or a limit: Form 5472, and Wyoming's report |
Works in your favourNeutralA cost or a limitMost founders run PayPal beside Stripe, not instead of it. Buyers who want PayPal find it, and a hold on one doesn't stop the business.
PayPal in your own country
- Receiving and withdrawing
- Depends on your country
- Fee a checkout sale
- Your country's PayPal rate
- Currency conversion
- On most payments
- A new account's first payments
- Can be held
- Who a dispute reaches
- You
- Yearly US filing
- None
A cost or a limit:
Neutral:
A cost or a limit:
A cost or a limit:
A cost or a limit:
Works in your favour:
A payout service beside it
- Receiving and withdrawing
- Receives, then moves money home
- Fee a checkout sale
- PayPal's rate, plus the service's fee
- Currency conversion
- On most payments
- A new account's first payments
- Can be held
- Who a dispute reaches
- You
- Yearly US filing
- None
Neutral:
A cost or a limit:
A cost or a limit:
A cost or a limit:
A cost or a limit:
Works in your favour:
A US LLC with US PayPal BusinessWhat we set up
- Receiving and withdrawing
- Receives, and withdraws to a US bank
- Fee a checkout sale
- 3.49% + 49¢ in the US
- Currency conversion
- None on dollar sales
- A new account's first payments
- Can be held up to 21 days
- Who a dispute reaches
- The LLC
- Yearly US filing
- Form 5472, and Wyoming's report
Works in your favour:
Neutral:
Works in your favour:
A cost or a limit:
Works in your favour:
A cost or a limit:
Works in your favourNeutralA cost or a limitMost founders run PayPal beside Stripe, not instead of it. Buyers who want PayPal find it, and a hold on one doesn't stop the business.
04 · Step by step
From company to first PayPal withdrawal, in seven steps.
PayPal reviews new accounts closely. A clean start shortens the holds.
Step 1: Form the Wyoming LLC
We file the articles online. Wyoming approves an online filing the same day it is filed.
Same dayWe do itStep 2: Get the EIN
PayPal's US business account asks for it. Without a Social Security Number the IRS issues it by fax; the expedited EIN, $199, has us file the day the company exists and chase it.
The longest waitWe do itStep 3: Open the US bank account
In the LLC's name. PayPal withdraws to it, in dollars.
Often days, after the EINYou, with the bankStep 4: Open PayPal Business as the LLC
With the company's legal name and EIN, and your own identity and home address abroad. PayPal can ask for more, including a US address or phone and an ITIN, and you arrange those separately or answer that you don't have them.
PayPal's reviewYou, with PayPalStep 5: Expect a hold at first
PayPal holds a new seller's first payments for up to 21 days to cover complaints, and often releases them sooner. Tracking on every shipment and clear descriptions help.
The first weeksYouStep 6: Keep disputes low
Answer buyers fast, refund what you can't deliver, and describe goods exactly. A dispute keeps a hold in place until it's settled.
Every orderYouStep 7: Diary the filings
Form 5472 is due each 15 April, and Wyoming's annual report on the first day of the month the LLC was formed in.
Every yearOn your calendar
05 · The honest part
What to know before you order.
Why does PayPal limit new accounts?
The least predictable of the three
Of Stripe, PayPal and a bank, PayPal is the most likely to limit a new account and ask for documents it didn't mention at the start.
Read more
Give it the company's real details and your real identity, keep disputes low, and expect a review in the first weeks. Founders usually run PayPal alongside Stripe rather than instead of it.
Does PayPal need a US address and phone?
A US address and phone
PayPal's US onboarding can ask for both.
Read more
The registered agent's address is the company's legal address for the state. A mailing address and a US phone number for PayPal are things you arrange separately.
Sources: PayPal, US business fees; PayPal, holding received funds in a pending balance; Stripe, pricing; IRS, get an employer identification number; IRS, Instructions for Form 5472.
06 · What it costs
What it costs, line by line.
Ours from our price list, PayPal's from its US fees page.
| Cost | Amount | When | What it covers |
|---|---|---|---|
| Launch, with Wyoming's fee | $351.40 | First year | $249 to us and $102.40 to Wyoming, at cost. The LLC, the EIN and the registered agent. |
| Expedited EINOptional | $199 | Once | PayPal waits on the EIN. |
| PayPal Checkout | 3.49% + 49¢ | Each sale | The US rate. An international sale costs 1.5% more. |
| Currency conversion | 3% to 4% | When currencies differ | PayPal's spread, avoided on sales priced and paid in dollars. |
| From the second year | $309 | Every year | $249 for Launch and Wyoming's $60 minimum. Form 5472 is an accountant's fee on top. |
PayPal costs more a sale than Stripe's 2.9% + 30¢, which is why it usually sits beside Stripe rather than instead of it.
The plan that fits
Launch, usually.
PayPal asks for the EIN first. With the expedited EIN, our estimate is two to three weeks.
Launch
Fits PayPal accessFor your first company, when it needs to exist and nothing more yet.
What it covers
- Your Wyoming LLC, filed, with the state fee at cost
- The EIN PayPal asks for, without an SSN
- Guidance on the US bank account it withdraws to
A mailing address and a US phone for PayPal are arranged separately.
07 · Questions
Questions from founders who need PayPal.
If yours is not here, email us at hello@baseacross.com before you order.
PayPal says it holds a new seller's first payments for up to 21 days to cover buyer complaints, and often releases them sooner, typically in 7 to 14 days when an order has no issues. Tracking on physical goods helps.
3.49% + 49¢ for a PayPal Checkout sale in the US, 1.5% more for an international one, and a 3% to 4% spread when it converts currency. Card payments processed through PayPal are 2.99% + 49¢.
It can. Some owners are verified with a passport, and some are asked for an ITIN. We can't promise which.
A Wyoming LLC on Launch is $351.40 for the first year: $249 for Launch and $102.40 to Wyoming, at cost. After that it is $309 a year, $249 to us and $60 to Wyoming.
Ready when you are
Answer the questions. We do the filing.
It takes about four minutes. You see the whole order, Wyoming fee included, before anything is charged.
Step 1 of 10 · About four minutesNothing charged yet
You're startingLLC · WY
Start a companyLaunch · $351.40 · Wyoming fee included