Upwork Legal Name of Business


There are a few things to keep in mind when choosing a legal name for your business on UpWork. First, it`s important to make sure that the name you choose is available and isn`t already being used by another company on the site. Once your business is registered, you`ll need to obtain a federal tax identification number (also known as an Employer Identification Number or EIN) from the IRS. You use this number to open a bank account and file tax returns for your business. No, if you have a registered business and you are a freelancer under that business, add it here. That`s why it`s called “Legal Company Name” After choosing a legal name for your business, you`ll need to register it with your state`s secretary of state. This includes the submission of certain documents and the payment of an application fee. This should be the same name that appears on your business registration documents. – If you are using a DBA (Doing Business As) or a business name, enter it exactly as it appears in your official documentation. In the W-8BEN, under Settings> Tax Information, you can enter your first and last name as they appear on your passport and other official documents. First and last name only? Or should I also give the middle name? Thank you, I would recommend using your full name.

Thank you very much. When starting a business, one of the first things you need to do is choose a legal name for your business. This can be a difficult and confusing task, especially if you are not familiar with the different business structures and the laws that govern them. Can I update my company name to W-8BEN? Since I want my company name to be mentioned in the invoice generated by Upwork to the client for tax purposes in India, I have read everything and understand what I need to enter and where, but I have not seen any mention of registered companies. I have a registered company under which I work on Upwork and pay taxes here in my country. So even if I have a legal business, my first and last name should go to the field and not my company name, right? If you are not filing your return as a business, you can use your own legal name as it appears on your passport or other official documents. Please note that Form W-9 is required for freelancers to withdraw their income from Upwork. You select the status of the application you wish to submit from the drop-down menu.

If you have any questions about the status of your deposit, we recommend contacting your local accountant. You can also read this article and this help article for more information. So even if I have a legal business, my first and last name should go to the field and not my company name, right? You don`t need to send a physical copy of your W-8BEN form, just fill out the form in your settings. If you do not have a registered business, please enter your full name in this field, along with your home address on the Tax Information page under Settings. For more information, see this Help article. The same is true here. I`ve barely started Upwork and don`t know what to write in this section. If you don`t know what to write on UpWork in the official name of your company, don`t worry, we can help. Here are some tips to get you started: The first step is to decide what type of business entity you`re going to be. There are four main types of businesses: sole proprietorships, partnerships, limited liability companies (LLCs) and corporations. Each has its own pros and cons, so you need to weigh your options carefully before deciding which one is best for you.

Elance and oDesk announced their merger to form Elance-oDesk on December 18, 2013. [11] In 2015, the new company was rebranded as Upwork, which coincided with an upgrade to the oDesk platform of the same name. The new Upwork name also planned to phase out the Elance platform within a few years. [12] The Upwork platform experienced brief outages, one of which led to an apology from Stéphane Kasriel, then CEO, in September 2015. [13] Hello Goran! I just founded an agency and now it is asking for W8-BEN. What do I need to add to my legal name as a taxpayer? I am not a U.S. citizen. Do I need to add my agency name or personal name? Thank you for contacting us. I want to make it clear that you can use both. If your agency is a registered company, you can include your company name under the W-8BEN. More information on Form W-8BEN can be found here.

Once you`ve chosen the type of business entity you want to create, you`ll need to choose a legal name for your business. The official name of your company must include the words “Inc.” (for corporations), “LLC” (for LLCs) or “Co.” (for partnerships). It may also include abbreviations for your state (e.g., “Corp.” for California corporations). Does this official name indicate that the first part is my first name and the last part is my last name? As you may know, people put these names in a different order in some countries and regions. Thank you! Sole proprietorships are the simplest and most common type of business structure. They are easy to set up and do not require any special documentation or license. However, sole proprietorships do not offer personal liability protection, which means that your personal assets could be at risk if your business is sued. Businesses are the most complex type of business and offer the greatest protection against personal liability. Companies can be formed by one or more people or entities, and they must follow strict rules and regulations.

Name of what? First and last name? Or ID? You have just repeated the text of the field. What does “legal” mean? Is my first name legal or not? Thank you for contacting us. As a freelancer, all you have to do is use your real name on the W-8BEN form. At first I`m so confused about it, but I saw a confession that you have to enter your full name, so I did it and it works! Try it In March 2022, Upwork was named to TIME`s 100 Most Influential Companies of 2022 list. [7] With these tips in mind, you should be able to choose a legal name for your business on UpWork that works for you and makes it easier for you to get started with the site. When you`re ready to start working on UpWork, the first thing you need to do is choose a legal name for your business. This may seem like a small detail, but it`s actually an important decision that affects how you can work on the site. Second, you need to decide whether you want to use your personal name or create a separate business unit. Finally, you need to think about how the name you chose will appear on UpWork.

– If you are using your personal name, simply enter as it appears on your government-issued ID. – If you are creating a separate business entity, be sure to use the full legal name of the entity.