Delaware Corporation: Business Bank Account

jonan

Hello,

I am 16 years old and living in Canada. I have a company incorporated in the State of Delaware of the United States of America.

I have tried to open a bank account in Canada, but the banks asked me to incorporate a company in Canada. Unfortunately, the legal age to own a company is 18 years old.

I would need a business bank account anywhere in the world. Preferably, it should not be too complicated to open the bank account and it should be completable online. It also should not cost too much. The fact that the company is in the USA and that I am a minor should not cause a problem.

Do you have advice?

Thanks.

JuicyJesus

That's the problem with opening an account elsewhere to take advantage of favourable tax conditions...

You're between a rock and a hard place.

jonesMUFCforever

jonan wrote: »

Hello,

I am 16 years old and living in Canada. I have a company incorporated in the State of Delaware of the United States of America.

I have tried to open a bank account in Canada, but the banks asked me to incorporate a company in Canada. Unfortunately, the legal age to own a company is 18 years old.

I would need a business bank account anywhere in the world. Preferably, it should not be too complicated to open the bank account and it should be completable online. It also should not cost too much. The fact that the company is in the USA and that I am a minor should not cause a problem.

Do you have advice?

Thanks.

Come back when you are 18.
The fact that the company is incorporated in the USA and you live in Canada and you are only 16 is a MAJOR problem.

The_pc_tech

And to open a UK bank account you have to be a UK resident so no chance here

maninthestreet

Why did you choose to set up your company in the USA when you live in Canada? Are you a Canadian or US citizen?

HereToHelp_2

I think Delaware is known to be an easy place to open American Bank Accounts and Companies for non-American citizen.

I don't know what it is; but Delaware has a reputation in the states when it comes to financial products.