The steps:
- Open a UK business bank account:
To open a UK business bank account, you must have a UK director in your company.
- Get a UK PayPal account:
Open a business PayPal account and connect with the UK business bank account.
How can a non-UK resident open a UK business PayPal account?
To open a UK business bank account or PayPal account, you need a UK director in the company. If you don’t have one, then you can hire a nominee director from RTRSupports Limited.
- The Nominee director will have no access to the bank account or business PayPal account.
- The nominee director will only help you to open one bank account or business PayPal account for your company (any additional services would require extra costs).
- The Nominee director will have an agreement(Power of Attorney) that will state that all the assets and rights belong to you.
- All your rights and assets are protected, and the nominee director will only act in your best interest.
- The UK business bank account or PayPal account will be registered with your phone number, which means the bank will contact you first for any particular requirements.