
Edmond Hui · Founder, MyStateLLC
Edmond Hui is a software engineer and serial entrepreneur based in New York who has founded multiple online businesses across e-commerce, media, and information publishing. Before transitioning into tech, he spent years as a commercial real estate professional closing deals totaling over 100,000 square feet, giving him firsthand experience with business formation and entity structuring. He built MyStateLLC to provide the free, state-specific LLC guidance he wished existed when forming his own companies.
What Etsy requires from an LLC
- LLC entity name verified against IRS. The business entity name and taxpayer number must match IRS records. Etsy checks this automatically; mismatches delay payout activation.
- Employer Identification Number (EIN). For LLCs taxed as a business (multi-member or single-member electing corporate tax treatment), the EIN is required. Single-member disregarded-entity LLCs may use the owner's SSN/ITIN instead.
- Taxpayer information and IRS verification. Etsy submits your taxpayer details to the IRS for verification. Business sellers complete this during Etsy Payments setup; the name and EIN must match IRS records exactly.
- Government photo ID and selfie (via Persona). Etsy partners with Persona to verify identity. You must submit a government-issued photo ID and a selfie; Persona performs biometric comparison.
- Bank account for Etsy Payments disbursements. A US bank account in the name of the business or business owner to receive Etsy Payments payouts.