receive payment on personal or company name?

vinnythejinny

New member
Mar 5, 2008
1,698
11
0
I am planning to move back to another country (i hold a residence) soon and according to local laws, i must register a company in order to operate my business. I am more than willing to do so, however just wondering if i need to change all my existing affiliate accounts to new company name or i can still receive payments on personal name?

Can a self-employed person holding a business account deposit checks in that account? I dont have a existing business account so am not too sure about this. is this ok to taxman if i deposit funds received on personal name for business purpose? any idea?
 


Most probably yes. I had to do it but I'm in Europe...

I check everything with my accountant so you might wanna talk with one too.