Creating EPN Accounts Using Corporations Guide

• Step 1- Creating a Corporation
  
  1. Choose a Corporate Name & Address: Have a corporate name search performed to ensure you are unique and have no trade mark problems in the future. You can search here: http://www.wdfi.org/apps/CorpSearch/Search.aspx?
     
  2. Select A State to Incorporate: Setting up a corporation will be easier and cheaper in your home state than out of state.
     
  3. Select A Corporation Type: Determine the best type of corporation for your business--LLC, S corporation or C corporation. More info here: http://www.irs.gov/businesses/small/article/0,,id=98359,00.html
     
  4. Determine Company Directors: Directors of the company and positions will have to be filed within the Articles of Incorporation and By-laws.
     
  5. Choose Your Share Type:Corporations can issue common and preferred stock. Select the best for your situation.
     
  6. Obtain Certificate of Incorporation: Available from local State office or business retailer.
     
  7. Process & File Incorporation: Your incorporation can be completed by a lawyer or a do-it-yourself kit. Finally, file your incorporation with a Registered Agent. You can do this online with companies like LegalZoom for around $99: http://www.legalzoom.com/legal-incorporation/incorporation-overview.html
  
  
• Step 2- Create an EIN
  
  1. What is an EIN? This is a tax ID number to identify your business. It is basically the same thing as a SSN but for a business instead of yourself.
     
  2. Applying for an EIN can be done online at: http://www.irs.gov/businesses/small/article/0,,id=102767,00.html
  
  
• Step 3- Creating a new address
  
  1. You will want a separate address that has not been used before. The easiest way that I know of is to simply create a PO Box. They range about $20 for a 6 month term for a small one.
     
  2. Find a PO Box near you at: http://www.usps.com/receive/businesssolutions/poboxservice.htm
  
  
• Step 4- Creating a new bank account
  
  1. Using your EIN you can create a separate business bank account for each corporation at your local bank.
  
  
• Step 5- Account Creation/Management Safety.
  
  1. Delete all cookies before logging in
     
  2. Do not use the same IP addresses
     
  3. Whether they can detect proxies and look down on them, I do not know. If you have dynamic addresses and can change every time, that would be good. If you can simply use a different computer/internet source such as a friends house or internet cafe that would be the best option.
  
  
• Step 6- Creating the EPN Account
  
  1. Sign up at: https://www.ebaypartnernetwork.com/files/hub/en-US/index.html
     
  2. Click join now, accept terms, and click continue
     
  3. Email address- create a unique email address. I would suggest buying a cheap .info domain and using an email account off that just to stay 100% away from anything.
     
  4. Password- create a unique password ONLY good for this account.
     
  5. First name- I do not know, please help if you do.
     
  6. Last name- I do not know, please help if you do.
     
  7. Phone number- I do not know, please help if you do.
     
  8. Company name- Your corporate name you registered in step 1
     
  9. Address line 1- Address of your PO Box
     
  10. City- Address of your PO Box
      
  11. Country- Address of your PO Box
      
  12. State- Address of your PO Box
      
  13. Zip/Postal code- Address of your PO Box
      
  14. Business type- Company
      
  15. Primary business model- Be honest about it
      
  16. Submit your application
  
  
• Step 7- Taxes
  
  1. The best place to find out about this is: http://www.irs.gov
     
  2. There are simply too many different things and I am in no way an expert on the subject. The easiest thing to do is to hire your own CPA to get it done right for you. They are kind of expensive, but well worth saving the trouble in my book.
  
  
  
  
  If anyone can tell me how they handled the issue with the first/last name and phone number, that would be greatly appreciated. Ive been leeching this great forum for a while now gaining knowledge, so hopefully this guide can help someone and I can give back a little.

Mp3Mage said:

Get a family member's name. Tell them what you're doing, and include them in the corp.

The money's all going to the corp anyways, so you'll be paying taxes on the corp and not on the individual. Am I correct?

:usa:

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sizzorkay said:

And where can this EIN be purchased?

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