Get the Employer Identification Number of your company in the United States.
You have probably come across this term before, as it is one of the most important processes when starting your business in the United States.
The EIN, or Employer Identification Number is identification number of your business, also known as the Tax ID or tax identification number of the company.
It usually has 9 digits, and is presented as follows:
Example: XX-XXXXXXX
This identification number is necessary for the proper functioning of a company in the United States, as it is required for filing tax returns, filling out state forms, managing and paying payroll, and most importantly, it is required to open commercial bank accounts on behalf of the company, as well as to maintain the official position of the company as a legal entity.
Contact one of our experts toprovide you all the information.
The EIN request is processed with the IRS (Internal Revenue Service) through an official form of this entity, in which the basic information of the company is filled out.
The delivery time can vary from 1 to 10 weeks. If one of the partners has an SSN (Social Security Number) or ITIN, it is possible to apply for the EIN online, which would imply a shorter response time.
The company will not be able to carry out any operation. The EIN is mandatory when incorporating your company in the United States.
Normally, if the IRS finds an inconsistency in the form, or requires more information, it will be returned for a second application.
Yes, it is an essential requirement of the banks that the company already has its tax identification number to open the business account.
If you have a Social Security Number or ITIN, Prodezk carries out the process online for you, for which it is not necessary to fill out the form. This would also imply a shorter response time.
Any type of company that is incorporated must obtain its employer identification number for the proper management of it.