GoNomad HQ

PayPal

What are the requirements for setting up a PayPal Business account?

The requirements for setting up a Paypal business account are: US registered company and EIN (Tax ID), Valid international passport and US ITIN (the equivalent of SSN for non-residents).

Duration

What is the timeline for PayPal Business account setup?

Setting up a Paypal Business account takes 10-13 business weeks.

Pricing or cost implication

How much does it cost to set up a business Paypal account?

The cost implication is $849 – If you do not have a US-registered company and $350 – If you have an already registered US company.

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