Open bank account
ENHANCE YOUR BUSINESS PLAN WITH A SHELF CORPORATION OR LLC FROM MONTANA.
$20 IN ANNUAL FILING FEES. WHY PAY MORE?
Stop making the states rich! Keep filing fees low, enjoy limited liability and build corporate credit!
WHY A SHELF COMPANY MONTANA?
MONTANA OFFERS THE FOLLOWING ADVANTAGES:
- Lower state filing fee than Nevada, Delaware or Wyoming.
- Montana's annual state fee is only $20 per year.
- Great respect for the property rights.
- Best for building corporate credit.
- Low profile state. Montana is known only to the insiders as the best place to incorporate.
MONTANA SHELF CORPORATIONS:
BUILD CORPORATE CREDIT FOR LESS
- Access bidding opportunities
- Earn instant credibility with vendors, associates and customers
- Protect assets through limited liability
- Build instant credibility with a shelf corporation aged three years!
DELAWARE CORPORATION? NEVADA CORPORATION? WYOMING CORPORATION? MONTANA CORPORATION?
HOW TO OPEN A BANK ACCOUNT FOR A SHELF CORPORATION
Where do I bank for my shelf corporation? How?
Banks consider all corporations the same. A shelf corporation and a newly filed entity are treated the same. There’s no need to tell them its a shelf corporation. You can bank anywhere that you like. You don’t need to bank in the same state in which the company was filed.
What about privacy services for my corporation or LLC? I seek to build corporate credit.
To build corporate credit, the corporation must be where you are. If you live in California, then the corporation must be filed in California. If you’re in Illinois, then the corporation must be filed in Illinois. Bank seek consistency in your presentation and activity.
Must I file the aged shelf corporation in my home state?
If you’re applying for corporate credit, the banks require that the company be filed in your home state where you’re located, and they seek to see your name on the company. If building corporate credit is not necessary, then you may bank in any state.
What are the best banks to open the account?
A bank usually requests that you open an account where the loan is issued. In other words, banks request that you open an account where you obtained the loan. You’ll probably end up with the first account opened in the first bank, and then a secondary account where financing was obtained.
Below are the steps to opening the bank account:
US PERSON
Provide the bank the following:
- Copy of the articles of incorporation. This document was filed with the Secretary of State when the company was formed.
- A certificate of good standing. This document certifies that the company remains in good standing when the certificate was issued.
- A copy of your driver's license and your social security number
- Initial deposit
- A completed copy of the application provided to you by the bank.
FOREIGN PERSON
Provide the bank the following:
- Copy of the articles of incorporation. This document was filed with the Secretary of State when the company was formed.
- A certificate of good standing. This document certifies that the company remains in good standing when the certificate was issued.
- A copy of your passport and your Individual Tax Identification Number
- Initial deposit
- A completed copy of the application provided to you by the bank.
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What is an Individual Tax Identification Number (ITIN)?
http://www.irs.gov/individuals/ article/0,,id=96287,00.html -
How to apply for an ITIN: FORM W-7
http://www.irs.gov/pub/irs-pdf/fw7.pdf -
Can I apply in my country for an ITIN?
Acceptance agents in your country
http://www.irs.gov/individuals/ article/0,,id=96304,00.html