Employer Identification Number - EIN
What is EIN ?
The Employer Identification Number normally referred to as EIN, also known as the Federal Employer Identification Number (FEIN) is a unique 9-digit number (98-7654321) assigned by the Internal Revenue Service (IRS). An EIN is issued to identify entities.
Do You Need an EIN?
- If you have formed an entity, such as LLC, C-Corp, Partnership, Non-profit organizations, Trusts, or Sole Proprietorship in any state of the US. The applicant of any business entity must have a valid Taxpayer Identification Number, such as an SSN or ITIN
- If you wish to open a company’s bank account in the US.
- If you need to hire an employee (part-time, full-time).
Renewal of EIN
EINs do not expire. Once an EIN has been issued to an entity, usually, it does not change or become reissued. In some instances, where there is a change in entity classification or structure, a new EIN is required.
Apply to get an EIN