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Let’s get started on what you’ll need to open a business account!
Sole Proprietorship
Social Security Number of owner (If using EIN, provide IRS letter CP 575)
Washington Businesses – Business License; and Registered and active with Department of Revenue
Oregon Businesses – registered and Active ABN with Oregon Secretary of State
Limited Liability Company
IRS letter CP 575 granting EIN (Single Member LLC may use Social Security Number)
Operating Agreement (Not required if Single Member LLC or PLLC)
Meeting minutes if member authority is not defined in the Operating Agreement
Washington Businesses – Business License; and Registered and active with Department of Revenue
Oregon and Washington Businesses – Registered and Active with Secretary of State
Partnership
IRS letter CP 575 granting EIN
Partnership Agreement; and if applicable any amendments since origination
Meeting minutes if partner authority is not defined in partnership agreement
Washington Businesses – Business License; and Registered and active with Department of Revenue
Oregon and Washington Businesses – Registered and Active with Secretary of State
Corporation
IRS letter CP 575 granting EIN
Bylaws, Articles of Incorporation, and any amendments since origination if applicable
Meeting minutes or Corporate Resolution if officer authority is not defined in above documentation
Washington Businesses – Business License; and Registered and active with Department of Revenue
Oregon and Washington Businesses – Registered and Active with Secretary of State
Nonprofit Corporation
IRS letter CP 575 granting EIN
IRS letter awarding 501(c)(3) status, if applicable
Bylaws, Articles of Incorporation, and any amendments since origination if applicable
Meeting minutes or Corporate Resolution if officer authority is not defined in the above documentation
Oregon and Washington Businesses – Registered and active with Secretary of State
Informal Club / Organization (not registered with Secretary of State)
IRS letter CP 575 granting EIN
Meeting Minutes that include – Date of meeting, Attendees (include their positions if applicable), Club approval to open account at Red Canoe, Club agreement on the signers for the account, and must be signed.
