How to Pass Shopify Payments KYC with a New York LLC (2026)
Shopify Payments business verification requirements for a New York LLC
By Edmond Hui · Last updated: June 2026
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.
Shopify Payments (powered by Stripe) requires identity and business verification before activating payouts for your store. For a US LLC, Shopify collects the IRS-registered business name, EIN, a physical US address, and personal information for the account representative and any 25%+ beneficial owners. Single-member and multi-member LLCs follow the same base checklist, with multi-member LLCs needing details on all qualifying owners.
What Shopify Payments requires — and how a New York LLC meets each
| Requirement | How your New York LLC satisfies it |
|---|---|
| IRS-registered business name | Use the exact LLC name on your New York Articles of Organization; it must match your bank account holder name. |
| Employer Identification Number (EIN) | Provide your federal EIN (free from the IRS; non-US founders without an SSN must apply via Form SS-4 by fax or phone rather than the online tool) — independent of New York. |
| Physical US business address | Use a US street address registered to the LLC in New York (your registered-agent or virtual business address). PO boxes are usually rejected. |
| Owner / representative identity | Provide a government ID for each beneficial owner. New York lists members on public filings, so the names already match state records. |
| ACH-eligible checking account | Link a US business bank account opened with your EIN and Articles of Organization. |
| Active business phone number | Provide a reachable phone number for the verification code. |
New York-specific things to watch
- New York lists LLC members on public filings, so Shopify Payments's beneficial-owner check will line up with public state records — you still upload a government ID for each owner.
- New York requires newspaper publication after formation. Budget extra time before your Shopify Payments application, since the LLC may not be finalized until publication is proven.
How to verify your New York LLC on Shopify Payments
- IRS-registered business name. Use the exact LLC name on your New York Articles of Organization; it must match your bank account holder name.
- Employer Identification Number (EIN). Provide your federal EIN (free from the IRS; non-US founders without an SSN must apply via Form SS-4 by fax or phone rather than the online tool) — independent of New York.
- Physical US business address. Use a US street address registered to the LLC in New York (your registered-agent or virtual business address). PO boxes are usually rejected.
- Owner / representative identity. Provide a government ID for each beneficial owner. New York lists members on public filings, so the names already match state records.
- ACH-eligible checking account. Link a US business bank account opened with your EIN and Articles of Organization.
- Active business phone number. Provide a reachable phone number for the verification code.
Non-US founders
Shopify Payments requires personal identity information for the account representative. For non-US representatives, Shopify's documentation indicates a passport photograph may be accepted in lieu of an SSN or ITIN for LLC entity types — confirm this option during onboarding. If a government photo ID is not accepted, alternatives include designating a US-resident representative (who can provide their US SSN) or, if the founder has US tax-filing obligations, applying for an ITIN via Form W-7. The LLC itself must be registered in the US.
Frequently Asked Questions
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