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