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Corporate Finance

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Faq

Some Questions & A.

Who can open a business bank account?

Any legally registered business entity, such as a sole proprietorship, partnership, limited liability company (LLC), corporation, or nonprofit, can open a business bank account.

Separating your personal and business finances is crucial for legal, financial, and organisational reasons. It simplifies accounting, tax reporting, and financial analysis.

Many banks offer online account opening, especially for simpler business structures. However, in-person visits might be necessary for certain businesses or additional verification.

If you have more questions Contact Us