Entrepreneurs, who plan to register a company in the USA, will need to register an Employer Identification Number (EIN).
What is the EIN?Anyone, who wants to open a business in the USA, should know that EIN (Federal Tax Identification Number) is a 9-digit number, that can be obtained by submitting an application (including online) to the IRS of United States.
What legal forms of companies need EIN?Obtaining an EIN is necessary for all business entities, except for companies with sole ownership.
YB Case is ready to provide you with personal advice on obtaining a US EIN.
Why do you need the EIN?A most common reasons for registering the EIN:
- To open an account with a US bank;
- To issue taxes of your company;
- To hire staff;
- To make payments to independent contractors.
You will need the EIN, if you have a legal entity and you receive an income of any kind.