Learning how to create a Meow Account, will make you confident when managing your finances.
While researching and learning about starting and running a remote company in the USA, the feeling of being “drowned” by information is common sense.
We get that because it was part of our journey too.
Meow offers a seamless banking experience designed specifically for businesses, making it easier for you to focus on growth and innovation. It’s a reliable, efficient, and accessible banking solution is crucial, especially if you operate internationally.
Meow Account – Understanding The Basics
What is Meow?
Meow is a financial platform for businesses. It offers an all-in-one solution for managing your business finances, combining the convenience of digital banking with a range of powerful financial tools.
With Meow, you can handle your banking needs entirely online, from anywhere in the world.
Key features of Meow:
– Digital Banking: Meow allows you to manage your finances online, eliminating the need for physical bank visits.
– Smart Cash Management: Meow offers tools to optimize your cash flow, ensuring you always have access to the funds you need.
– Financial Analytics: Gain insights into your financial health with detailed reports and analytics.
– Secure Transactions: Benefit from advanced security measures to protect your transactions and data.
– Cashback: Earn cashback on business purchases, helping you save more as you spend.
– High-Interest Account: Grow your savings faster with Meow’s high-interest account, offering competitive rates to maximize your returns.
Another great feature is the user-friendly interface and the extensive support. It provides a simplified banking process.
Why Meow?
Why should you choose Meow over traditional banking options? Here are several compelling reasons:
– Cashback: Earn cashback on business purchases, helping you save more as you spend.
– High-Interest Account: Grow your savings faster with Meow’s high-interest account, offering competitive rates to maximize your returns.
– Convenience: You can manage all your business banking needs online. No more trips to the bank or dealing with cumbersome paperwork. Everything is accessible at your fingertips, 24/7.
– Efficiency: Meow’s platform is designed to streamline your financial operations. You can easily send and receive payments, automate payroll, and manage your cash flow with a few clicks.
– Transparency: Meow prides itself on its transparent fee structures. You won’t encounter hidden charges or surprise fees. What you see is what you get, allowing you to budget more effectively.
– Security: Security is a top priority. The platform uses advanced encryption and security protocols to protect your financial data and transactions. You can bank with confidence knowing your information is safe.
– Customer Support: Access to 24/7 customer support means you can get help whenever you need it. Whether it’s a technical issue or a question about your account, Meow’s support team is ready to assist you.
– Innovation: Continuously updates its platform with new features and improvements based on user feedback. This ensures you always have access to the latest tools and technologies to support your business growth.
Meow Business Account Requirements
To open a Meow business account, you need to have a US company.
In other words, as a non-US resident, you need to open a remote US LLC to start using it.
The opening of US LLC – you can do it for yourself.
(Here is a guide where you can learn from it.)
Or you can become a part of our growing global entrepreneurship community, and let us do this process a-z.
Learn more about the Neubase process and check out the pricing packages.
Next, let’s break down what’s required:
Legal Entity
As a non-US resident, you must operate as a legal entity, such as a corporation (C-Corp) or LLC (Limited Liability Company). This is a key requirement for opening a Meow account.
Business Address
Your business needs to be registered in the United States. While you can operate remotely, your LLC must have a registered physical address in the US for official correspondence. Typically, the address of your registered agent will be just right.
Speaking of registered agents, learn more about it in this guide.
Your Residence
You can run your business from anywhere, except from countries under US sanctions like North Korea, Russia, and Iran. Residents of certain restricted countries also cannot open business accounts. Check the full list of restricted countries on Meow’s website.
Compliance
Compliance with financial regulations is crucial. Meow may require additional documentation to ensure compliance, especially if you’re from a country flagged as risky due to connections with criminal or terrorist activities. Be prepared to provide documents like utility bills, insurance policies, or pay stubs.
Business Activity
Your business activity must be legal and not involved in prohibited industries such as gambling, adult entertainment, or cannabis products. Meow has specific guidelines on acceptable business activities, so make sure your business complies.
Preparing Your Documentation
As mentioned above, starting a US LLC can be done with support from professionals or you can do it yourself. If you decide to go through the process yourself, here’s what you’ll need to prepare:
Proof of Identity
You’ll need valid government-issued identification, such as a passport, for each individual associated with the account. Meow requires this for all LLC members owning at least 25% of the LLC.
Proof of Address
Provide utility bills, bank statements, or other official documents verifying your residential or business address. This may not be required for all members, but if you’re from a high-risk country, be prepared to submit these documents.
Business Formation Documents
Depending on your business structure, you may need to provide articles of incorporation, partnership agreements, or registration certificates. You’ll also need your EIN letter from the IRS.
Tax Identification Number
For US-registered businesses, provide your Employer Identification Number (EIN). No need for SSN or ITIN.
Want to learn more about EIN? Check out this article.
How To Create a Meow Account – Step-by-Step
Step 1: Sign Up Online
The first step, after you’ve opened your US LLC is to create your Meow account. Sign up online. This process is straightforward and can be completed in just a few minutes. Here’s how you do it:
- Visit the Meow Website: Go to the Meow official website. Look for the “Sign Up” or “Get Started” button, use this link.
- Enter Your Email: Provide a valid email address. This will be used for account-related communications and notifications.
- Create a Password: Choose a strong password to protect your account. Make sure it’s something unique and secure, combining letters, numbers, and special characters.
- Agree to Terms: Read through Meow’s terms and conditions, and privacy policy. Once you understand and agree to them, check the box indicating your agreement.
- Submit: Click the “Submit” or “Create Account” button to complete this initial step.
After submitting, you’ll receive a confirmation email. Follow the instructions in the email to verify your account. This step is crucial for activating your account and moving forward with the setup process.
Step 2: Provide Required Information
Once you’ve signed up and verified your email, the next step is to provide the necessary information about your business. Here’s what you need to do:
- Business Details: Enter your business name, type (LLC, C-Corp, etc.), and the date of formation.
- Business Address: Provide the physical address of your business in the United States. This should be the address registered with your LLC or corporation.
- Employer Identification Number (EIN): Enter your EIN, which you received from the IRS.
- Ownership Information: List all individuals who own at least 25% of the business. You’ll need to provide their names, addresses, and ownership percentages.
- Upload Documents: Upload copies of the required documents such as articles of incorporation, EIN letters, and proof of identity for each owner.
Step 3: Verification Process
The verification process ensures that all your information is accurate and that your business meets Meow’s requirements. Here’s what to expect:
- Document Review: Meow’s team will review the documents you uploaded. Make sure your documents are clear and legible to avoid delays.
- Identity Verification: You may be asked to provide additional information or documents to verify your identity and address.
- Compliance Check: Meow will conduct a compliance check to ensure your business activities align with their policies and US regulations.
This process typically takes a few days. You’ll receive notifications via email about the status of your verification. Make sure to respond promptly if additional information is requested.
Once your account is verified, you’ll gain full access to Meow’s platform. Let’s explore what you can do next.
Step 4: Accessing Your Meow Dashboard
After successful verification, you can log into your Meow account and access your dashboard. Here’s what you can do:
- Manage Finances: View your account balance, and transaction history, and manage incoming and outgoing payments.
- Use Financial Tools: Take advantage of Meow’s financial analytics, cash management tools, and other features designed to help you run your business efficiently.
- Set Up Integrations: Integrate your Meow account with accounting software, payment processors, and other business tools you use.
- Customer Support: Access 24/7 customer support for any questions or issues you may encounter.
Final Thoughts: How to Create a Meow Account
From anywhere in the world, you can create a Meow account. Meow offers convenience, transparency, and support to entrepreneurs.
To kickstart the process, you’ll need to set up your US LLC. You can do this yourself or let us handle it for you. Once your LLC is set up, follow Meow’s simple steps to open your account.
Schedule a ‘1-on1’ consultation with Petar for a personalized approach tailored to your business needs.
