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Leah's avatar
Leah B Community Member

Single member llc

I would need to be paid to my business which is a single member LLC and not me personally. Is that doable? My company has its own bank account and it's registered with the government and I am the only employee. I just need to make sure that payments would be made out to my company's name and not my name and deposited into my company's bank account.
3 REPLIES 3
Scott's avatar
Scott B Community Member

You can certainly have UW deposit into a company bank account. I do this with my LLC. I don't know that there is a "name" on it as such. I'd imagine they use routing and account numbers. It's not like you are receiving a check which you then have to deposit. 

Joseph's avatar
Joseph M Community Member

How do you ensure that you receive the liability protection of the LLC? If your customers are only seeing your name and never your LLC?

David's avatar
David N Community Member

Just have Upwork deposit into your business bank account, then log it as SALES in your accounting software and you're done, no need to over complicate.