How to open a bank account in the name of a company

Opening an account with a corporate name is necessary to demonstrate that the company is carrying out its activities as a legal entity and independent of the shareholders. This is essential to ensure the limited liability of your company. A person authorized by the company must carry out the management and follow the following procedures that we explain to you from .com to know how to open a bank account in the name of a company .

Steps to follow:

one

Draft a draft of the corporate resolution, this basically indicates who are the individuals who are authorized by the company to act with that account.

two

Delivery of an updated photo identification of each person regulated for that account.

3

You must present the employee identification number of the corporation that issues the internal revenue service.

4

Sometimes to open a bank account in the name of a company you are required to show the stamp of the corporation, which contains information such as the date of foundation, legal name and status of incorporation into society.

5

It is necessary to deliver the articles of incorporation of the company to the bank in question, these items include information on the number of shares that the company can issue or name and legal domicile of the company.

6

With these documents you will have everything you need to open the account on behalf of your company and start with the financial activities that are required.