EIN (EMPLOYER IDENTIFICATION NUMBER) – Frequently Asked Questions
1. What is an EIN and why do I need it?
An EIN (Employer Identification Number) is a unique tax ID issued by the IRS to businesses. You need it to open a U.S. business bank account, hire employees, file taxes, or operate legally in the U.S. even if you are not a U.S. resident.
2. Can a non-US resident or non-citizen apply for an EIN?
Yes. Non-US residents can apply for an EIN even without a Social Security Number (SSN). The IRS allows foreign individuals to obtain an EIN for running a U.S. business or fulfilling tax requirements.
3. How long does it take to get an EIN?
If applied directly with the IRS, the timeline can vary from a few days to a few weeks, depending on the application method. Using a professional service often speeds up the process and avoids errors.
4. Do I need an ITIN to get an EIN?
No. You do not need an ITIN or SSN to apply for an EIN. Foreign applicants can apply using Form SS-4 with the correct instructions for international applicants.
5. What information is required to apply for an EIN?
To apply for an EIN, you need basic business details such as the business name, structure (LLC, Corporation, Sole Proprietor), responsible party information, and the reason for applying (e.g., opening a bank account, hiring employees, etc.).