Call Us Now: +1 (877) 330-2677 Live Chat: ONLINE NOW            
https://d25eic0jctudgb.cloudfront.net/images/site/general/answers-to-answers-8743d0241f5d8c2c996225efe2063f89
https://d25eic0jctudgb.cloudfront.net/images/site/headlines/articles.jpg-5fa541d76bf4be9016b1176147b3bc96

Bank Account in US & Registering LLC

Asked by: Ram - 31 January, 2013
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/default.png-f1597c1da25f30f8c1a941405e8391c8 Hi,

My Name is Ram, I am from New Delhi, India.
I am running a Online Tech support Business in which we sell Annual Plans Ranging from $99 to $249.
We Offer (Remote & Voice Support) for computer problems just like Geek Squad, Iyogi etc.
Right Now I share Payment Gateway with somebody to accept payments and he charges somewhere around 25% of the sales.

So now I am thinking if possible being a Indian Citizen, Can I open a checking account in USA, integrate it with a payment gateway like authorize.net etc., Register my company in US as LLC. Then start accepting payments in my USA account, then transfer the money to my Indian account any time.

Please let me know if it is possible or not, if yes then what are the formalities, documents required, Price .

Awaiting +ve Response

Thanking You
Ram
Answered by: Robert Kowalski - 31 January, 2013
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/35.jpg-687fc92d5f6c5febcbdccb6895b08b8c Ram,

Theoretically, it is possible, but might take some time. First you would need to register a U.S. company, then open a bank account, either by coming to the U.S. or opening remotely (contact us for more details), and then you need to accumulate at least one year of banking history in order to apply for merchant account.

Then you will be able to accept credit cart payments and have them deposited into your company's U.S. bank account, with the option to wire those funds to your account in India.

Comments:

We Want To Connect With You!

Social Media is increasingly the preferred method for businesses to connect with their clients, peers and customers. We are dedicated to share information and useful tools to help you grow your business.

Like us on Facebook, follow us on Twitter, and let's begin the exchange to Help Grow America One Business at a Time - starting with yours!

https://d25eic0jctudgb.cloudfront.net/images/site/general/payment-methods-footer-052a63251a379d6e5ece1801f07470fc Official PayPal Seal SecurityMetrics for PCI Compliance, QSA, IDS, Penetration Testing, Forensics, and Vulnerability Assessment