Opening a Business Account?
• 1 minute read
Here's What You'll Need
Sole proprietorship
- WA business license
- SSN, ITIN or EIN
- Valid photo ID
Limited Partnerships (LTD) or Limited Liability Partnerships (LLP)
- WA business license
- Partnership Agreement – must include names of the partners – if names are not included articles of formation would be required
- Articles of formation (if names are not listed in partnership agreement)
- Valid photo ID
Limited Liability Company (LLC)
- WA business license – must include names of the members, if names are not listed on LLC agreement*
- LLC agreement
- All owners must be on the account unless stated otherwise in the LLC Agreement
- Articles of Formation
- Valid photo ID
Corporation or nonprofit
- WA business license
- Articles of Incorporation
- Bylaws – needed if names are not listed in Articles of Incorporation, or the Articles reference bylaws
- Certification of Formation
- Meeting minutes listing who is responsible for the account are required if all owners named in the Articles or bylaws are not on the account.
- Valid photo ID
Organization
- Meeting minutes listing who is responsible for the account are required
- Valid photo ID