New Federal Requirement: Starting January 1, 2024, most business entities in the US will need to report Beneficial Ownership Information.


Australian company and LLC in Michigan

Asked by: Lizzie  — 26 January, 2013

I have an Australian company and will need to start an LLC in Michigan to get Product Liability Insurance on products that we will sell to the USA. The products are sold online and then shipped from a fulfilment house in Michigan. Will I need to open a US bank account or can I still use our Australian business bank accounts?

Answered by: admin  — 26 January, 2013


Technically, you should have no problem opening a bank account for your U.S. company in Australia. A bank might require you to present them with certified copy of Articles of Organization with Apostille, and possibly a Certificate of Good Standing, also with Apostille, but this is something you should ask them directly.

The real question is what exactly do you need the bank account for, and based on that you will be able to decide where to open it. I invite you to read our article dealing with non-U.S persons opening bank account in the U.S.

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