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Global Business Growth Club

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4 contributions to Global Business Growth Club
Mercury asking for a "US Legal Address" WTF?!
I got the attached notice on my Mercury Dashboard asking me for a US legal address. I have no US presence and Mercury serves business owners with no US presence but who do have US operations. What do they mean with "US legal address"? How is this different from a "US physical address"? Is it the same? This is starting to get confusing...
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New comment 6d ago
0 likes • May 1
@Ahmed Farrag As far as I know Wise doesn't provide a credit/debit card for businesses. Not even a virtual one.
Registered agent address vs. Anytimemailbox?
Hi everyone, Mercury Bank will no longer accept my registered agent address for my LLC although I have a commercial lease agreement. After watching James' latest YouTube video on hack's for non-residents to open a bank account, I wonder where the difference is between a virtual address from my registered agent and a virtual address from Anytimemailbox? I checked and both addresses are Not Commercial Mail Receiving Agency. My question is: is it worth doing the paper work and move my LLC to a new (virtual) address?
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New comment 29d ago
0 likes • Apr 27
@Ahmed Farrag But what will this change? Because when asked “where I do my day-to-day business” I still have to provide my home address because they also ask for a utility bill. I'm sorry but I don't get it.
1 like • Apr 29
@Paola Moreno Hey Paola, Thanks for your explanation. I'm currently looking for a virtual office and will be "moving" to a new address in the next few days. Hopefully Mercury will calm down after this. 😉
Physical Address - Clarification
Hello everyone, Although I haven't solved the Mercury bank and physical address issue yet, I now have a few questions about it. 1. If my foreign-owned single member LLC leases a real office suite or a coworking space, it will then become fully taxable and required to file accounting/tax returns. Just as if it had employees or a physical shop. Is this correct? 2. This isn't the case with a virtual street address... Right? 3. If I tell Mercury bank that my physical address where I operate my business is my residential address (in my case the EU) will this have any consequences for my LLC or me personally? (Like taxes, reporting, or ....?) A professional response would be greatly appreciated @James Baker ;) and of course everyone else's too.
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New comment 29d ago
0 likes • Apr 26
any idea? anyone?
How to get a "US physical address"???
Hey guys! I already have an online business, Mercury account, and all the good stuff. I found about James on YouTube after looking for ways to get a "us physical address" for my business. Mercury asked for another "physical address" because they are no longer accepting mailcenters, po boxes, and registered agents. The address that I have is from iPostal1. Do you have any advice? I'm planning on using the address from the business I use to bring back to my country all the things I shop on Amazon. The truth is that I have no physical presence in the US.
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New comment Apr 24
0 likes • Apr 18
@James Baker Great! Looking forward to it.
0 likes • Apr 20
Has anyone found a solution yet? What about relayfi? Do they also ask for a physical address? I missed the beginning of James Q&A. Did he talk about a solution?
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Dan R.
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@dan-r-7349
Online Business Owner

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Joined Apr 15, 2024
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