If you operate your own company, then no matter what field you are in or what type of business you run — limited liability company, corporation or sole proprietorship — you will almost certainly need a bank account to keep your personal income separate from your business income. Business bank accounts have different features depending on the legal structure of the business and other preferences. Traditionally, a corporate bank account has the most formal requirements. The key feature of a corporate bank account is that it can only be opened by the decision of the board of directors.
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