How Do I Open a Bank Account for My New California LLC?

Question:  I just formed a new California limited liability company.  How do I open a bank account in the name of the LLC.

Answer: You need two a minimum of items to open a bank account in the name of your new California LLC.  Give the following to the bank:

  • Required:  Copy of the Articles of Organization approved by the California Secretary of State.
  • Required:  Give the bank the LLC’s federal employer identification number (the “EIN”).  If you do not have an EIN for the LLC and your LLC is taxed as a disregarded entity (a single member LLC) and it does not have any employees you can give the bank your social security number.
  • Optional:  Some banks require a copy of the an Operating Agreement signed by all of the members of the LLC.
By | 2016-07-03T16:28:02+00:00 July 3rd, 2016|Categories: CA LLC Formation, FAQs, How Do I|0 Comments

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