Setting up a PayPal business account for Pakistani citizens involves navigating certain challenges, but it’s feasible through legal means. One approach is establishing a legal entity, like an SDN BHD in Malaysia, where Pakistanis can travel easily. Similarly, using a US LLC requires a friend or a designated office manager to set up a US bank account, allowing for a legitimate PayPal account associated with an ITIN/EIN.
For those opting for a UK LTD Company or Estonian E-Residency, a physical presence may be required to set up a bank account, especially in Estonia. However, the latter necessitates a well-prepared business plan showcasing ties with Estonia.
In essence, there are two primary methods: physically traveling to a chosen country for entity formation and bank account setup, or relying on a trusted friend to act as an office secretary, facilitating the process remotely.
Having a legal entity and corresponding bank account ensures the creation of a 100% legally owned PayPal account. Even when providing a Pakistani passport for identification, most individuals successfully navigate this process. US LLC owners are encouraged to obtain an ITIN, serving as a foreign alien’s equivalent to an SSN and widely accepted by platforms like PayPal, Amazon, and eBay.
To address potential access issues from Pakistan, utilizing a Virtual Private Server (VPS) is recommended over traditional VPNs for a more stable and secure connection.
