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4 articles tagged “EIN”.
The IRS EIN application asks about your legal name, the person who controls the business, your entity type, why you're applying, when you started, your accounting year, expected employees and what you do. Most small businesses answer: calendar year ending in December, starting a new business, and zero or few employees.
You can get an EIN free from the IRS online in about one sitting. Have your business details and the responsible party's SSN or ITIN ready, apply during the tool's operating hours, complete the form without pausing for more than 15 minutes, and download your confirmation letter as soon as the number appears.
You don't need to be a US citizen or resident to register a US LLC. Choose a state, hire a registered agent with an address there, file your formation papers, then get an EIN from the IRS by phone, fax or mail. After that, open a bank account and file Form 5472 every year if you are the sole foreign owner.
To register a small business in the US, choose a structure, pick a name, appoint a registered agent and file formation papers with your state. Then get a free EIN from the IRS, apply for any state tax accounts and local licences, and open a business bank account. Most state filings cost under $300.
