Is Lili available for business in India?

By Morten Andersen, cofounder of Business Bank Index
Reviewed by Fredrik Filipsson · Last reviewed 16 March 2026
Availability

Lili for business in India: Not available

Key eligibility
Lili is built for businesses formed and registered in the United States. A business registered only in India does not qualify, though it does not require a Social Security number
Non resident position
Lili can onboard non US residents, but only where they own a business formed and registered in the United States. International applicants can apply using a foreign passport and a US EIN. There is no path for a business registered solely in India
Local currency support
Not applicable for an India registered business, as Lili does not serve one. Lili is a US dollar account tied to a US business
Headline monthly fee
Not applicable, as Lili does not offer accounts to India registered businesses as of 16 March 2026
Availability and fees as of 16 March 2026Last reviewed 16 March 2026

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

No. As of 16 March 2026 Lili does not serve businesses registered in India. Lili provides US business checking for companies formed and registered in the United States, and it asks for a US EIN or a US tax identity. A non US founder can use Lili only after forming a US business such as an LLC or corporation. A business registered solely in India cannot open a Lili account.

Does Lili serve business customers in India?

No. Lili is a US small business banking platform offering business checking, accounting tools and tax features for companies formed and registered in the United States. It can onboard owners who are not US residents, applying remotely with a foreign passport and a US EIN and without a Social Security number, but the business itself must be a US entity. A company registered only in India does not meet that requirement and cannot open a Lili account. The route for an India based founder is to form a US business first. As of 16 March 2026.

Eligibility for businesses in India

There is no eligibility path for an India registered business because Lili requires the business to be formed and registered in the United States, with a US EIN for an LLC, partnership or corporation or a US tax identity for a sole proprietor. An India based founder could qualify only by setting up a US entity and obtaining a US EIN, after which the application is treated as a US business rather than an Indian one. For a company that operates only in India, Lili is not an option. Verify with the provider

What it costs locally

There is no India pricing to report because Lili does not serve India registered businesses. Lili publishes its plan fees for US customers in US dollars. For a usable comparison, look at the fees of providers that onboard India registered companies. As of 16 March 2026

What local users report

Among Indian founders, Lili comes up mainly in the context of building a US presence, where the discussion is about forming a US LLC in order to qualify rather than using Lili with an Indian entity. Those who use Lili have set up a US company first. Indian businesses that want a local account use banks licensed in India, and those that want cross border collection use international providers that onboard India registered companies.

Lili does not appear to serve business customers in India as of 16 March 2026, or the position is unclear. Verify directly with the provider. Providers confirmed available in India are listed on the India country guide.

Questions about Lili in India

Is Lili available for business in India?
No. As of 16 March 2026 Lili does not serve businesses registered in India. It is built for businesses formed and registered in the United States, so a company registered only in India cannot apply. Verify the current position with the provider.
Can an Indian founder open a Lili account?
Only by first forming a business in the United States, such as an LLC or corporation, and obtaining a US EIN. Lili can then onboard a non US resident owner using a foreign passport, with no Social Security number required. A business registered solely in India does not qualify, as of 16 March 2026.
Does Lili require a Social Security number?
No. Lili does not require a Social Security number and can onboard owners with a foreign passport and a US EIN. However the business must be a US entity, so this does not help a company registered only in India, as of 16 March 2026.
What are the alternatives to Lili for business in India?
Indian businesses use banks licensed by the Reserve Bank of India for local current accounts, and international providers that onboard India registered companies for cross border multi currency collection, such as those listed on our India country guide. As of 16 March 2026.

Availability, fees, and eligibility change. This page was last reviewed on 16 March 2026. Confirm the current position with Lili before applying.

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