Schedule: 8:00am - 5:00pm

Tax Management EIN / Tax ID

EIN Obtainment
(Federal Number)

We process your Employer Identification Number directly with the IRS. The vital document to open bank accounts and hire staff.

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EIN IRS Tax ID

What is the EIN and why is it mandatory?

The EIN (Employer Identification Number) is the "Social Security" equivalent for your company. It is a unique 9-digit number assigned by the IRS (US Tax Authority) to identify your business for tax purposes.

Without this number, your registered company (LLC or Corp) is just a legal paper with no operational capacity. You will not be able to open a bank account, use Stripe, or hire employees without an EIN.

⚠️ The obstacle for foreigners

The IRS allows obtaining the EIN online in 5 minutes ONLY if you have an American Social Security Number (SSN).

If you are a foreigner without an SSN, the online system will block you. You must perform a complex manual process via Fax or Certified Mail that requires specific forms (SS-4) filled out perfectly. That's where FormulaBiz comes in.

What does the EIN allow you to do?

Business Banking

#1 Requirement from banks like Mercury, Relay, Chase, or Bank of America to open your Business account.

Payment Gateways

Essential to activate Stripe, PayPal Business, or Amazon Seller Central without excessive withholding.

Hire Staff

Allows you to have employees on payroll legally and report their taxes.

Credit History

Start building your company's corporate credit separate from your personal history.

How we process your EIN without you traveling:

We act as "Third Party Designee" to manage this for you.

SS-4 Form Preparation

We draft the official IRS form ensuring your business classification is correct to avoid penalties.

Specialized Filing

We send the application through our direct channels for international applicants (Priority Fax or certified mail).

Digital Delivery (CP 575 Letter)

We receive the official confirmation letter from the IRS and upload it to your digital dashboard immediately.

EIN Frequently Asked Questions

For residents with SSN it is immediate. For foreigners without SSN, the IRS takes between 15 to 30 business days on average. This time depends exclusively on the IRS workload, not on us. We recommend patience and planning ahead.

No. You can obtain the EIN for your company without having a personal tax ID (ITIN). However, we recommend processing the ITIN later to facilitate your annual tax returns.

No. The EIN is permanent for the life of the company. It does not need to be renewed annually. It is only canceled if you decide to formally close and dissolve the company.
Secure Process

Get your EIN and open your bank account