Accounting & Tax, Company Formation

What is an EIN Number? How Do I Get One?

You may be looking for a job or you may want to set up a new business in the United States. Forming a company in the US might be a great choice for you because it is one of the biggest economies in the world.  If you are a non-resident or non-citizen of the U.S., the process might be confusing or complicated, so that’s why you have us to take you through step by step.

Most people do not know where to start and frequently consult us about forming a new company.  Once you get your certificate of formation, the first most important thing to have is the Employer Identification Number which is abbreviated as EIN. Having an EIN number is the first step to setting up a company in what most people say is their dream country.

What is an EIN Number?

EIN is an abbreviation that stands for Employer Identification Number. It is also known as the Federal Employer Identification Number (FEIN). EIN is a unique, nine-digit number that is issued by the Internal Revenue Service (IRS) that assigns every operating business in the US for the purpose of identification and taxes.

EIN is an identification number just like a Social Security Number (SSN) is for a person, but instead, it’s for a business. For example, if you run a corporation, a limited liability company with more than one member or a business that hires employees, you are most likely required to obtain an EIN. It is the number that normally businesses first apply for the following incorporation. To sum up, it is very important to have it on your to-do list.

How do I Get One?

You may be a registered Amazon seller and receive payments from the US or you may need an EIN to register to payment platforms such as PayPal or Stripe. You may also be a non-resident U.S. business owner that you will need a U.S. tax ID number. In all these situations, an EIN will be necessary for various kinds of commercial activities. Delawarefile.com can handle the process of applying for an EIN on your company’s behalf. The service can be added to your company formation order or exists as a standalone.

If you have any further questions, please do not hesitate to contact us via [email protected]. You can also reach us at +1 (302) 803-9501. We are always glad to help you!

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