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Opening a Business Account?

1 minute read

Here's What You'll Need

Sole proprietorship 1 person only or a married couple

  • WA State Department of Revenue Business License
  • SSN, ITIN or EIN
  • DBA name, if applicable
  • Government issued photo ID for business owner

General Partnership 2 people on business license

  • WA State Department of Revenue Business License
  • TIN or EIN
  • Partnership Agreement.
  • Corporate Resolution/Member Resolution
  • Government issued photo ID for each beneficial owner

Limited Liability Company (LLC)

  • WA State Department of Revenue Business License
  • WA State Secretary of State registration record
  • SSN, TIN, or EIN
  • WA Certificate of Formation
  • Corporate Resolution/Member Resolution
  • Government issued photo ID for the owner
  • LLC Operating Agreement. Required even if owners are a married couple or if there is a single owner.

Non-Profit Corporation

  • WA State Department of Revenue Business License
  • WA State Secretary of State registration record
  • TIN or EIN
  • Articles of Incorporation
  • Bylaws
  • Meeting Minutes (must name who has authority on the account)
  • IRS 501 (c) Determination Letter. If there is no letter, must document reason.
  • Corporate Resolution/Member Resolution
  • Government issued photo ID for each person with control

Corporation

  • WA State Department of Revenue Business License
  • WA State Secretary of State registration record
  • TIN or EIN
  • Articles of Incorporation
  • Bylaws
  • Meeting Minutes (must name who has authority on the account)
  • Corporate Resolution/Member Resolution
  • Government issued photo ID for the owner

Organization

  • SSN, TIN. EIN required for political campaigns
  • Meeting Minutes (must name who has authority on the account)
  • Government issued photo ID for each authorized signer

Donation/Memorial Accounts

  • SSN
  • Government-issued photo ID for the person making the request

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