Is an SSN or ITIN Required For Obtaining an EIN?

By Justin Damiani Monday, January 28, 2019

IRSAfter forming a new Delaware company, the next step is to obtain an EIN (Employer Identification Number) or Federal Tax ID Number.

If your Delaware company is based outside of the U.S., but plans to conduct business in the U.S., you need an EIN number for a number of reasons: to open a U.S. bank account, hire employees, and initiate PayPal or Stripe accounts, for example.

Due to IRS regulations, if you do not have a Social Security Number or Individual Tax ID Number (ITIN), you will be required to provide a copy of the passport or government-issued ID for the person listed as the responsible party after your order is placed. 

If completing the EIN application sounds daunting to you, you are not the only one. Many of our clients prefer to that we handle their EIN number application. Clients tell us all the time that they are pleased with our EIN service and glad they didn’t tackle this time consuming task on their own. We prepare the SS4 Form, email the document to you to review and sign electronically, and we submit it to the IRS.

 

If forming the Delaware entity, you can add the EIN service at the time of formation. If you have a Social Security Number or ITIN, please provide this to us. If not, you will need to provide a copy of the passport for the person listed as your responsible party for the EIN. This is required so that we can submit the SS4 Form to the IRS to obtain the EIN for your company. Alternatively, you can form the Delaware company and add the EIN service at a later date after you receive your ITIN.

A couple commonly asked questions regarding the EIN application:

What is a ‘responsible’ party? The ss4 Form asks me to list a responsible party?

The responsible party must be an individual. For a Corporation, the responsible party is an officer of the company and for an LLC, the responsible party is an owner or member of the company. 

As my registered agent, is Harvard Business Services’ address, the address of my company?

The address of your company is not Harvard Business Services’ address. The IRS requires a physical business address for your company, even if it based outside of Delaware and the U.S. Be prepared, as well, to provide the IRS with a brief description of the nature of your business. You have up to 50 characters including spaces for this field. 

I will be happy to assist with any questions you have as I can be reached at 1-800-345-2677 or 1-302-645-7400 ext. 6144 or via email at justin@delawareinc.com. Our EIN Department can also be reached at ein@delawareinc.com to assist with any questions.

Disclaimer

THE AUTHOR OF THIS BLOG ARTICLE IS NOT A LAWYER AND HARVARD BUSINESS SERVICES, INC. IS NOT A LAW FIRM. THE ARTICLE ABOVE IS NOT INTENDED AS LEGAL ADVICE AND SHOULD NOT BE TAKEN AS LEGAL ADVICE. THIS SHORT ARTICLE IS STRICTLY TO MENTION SOME ASPECTS OF DELAWARE'S CORPORATION LAWS AND/OR LAWS RELATING TO OTHER FORMS OF ENTITIES WHICH YOU MAY NOT BE FAMILIAR WITH. WE RECOMMEND THAT YOU CONSULT WITH A LAWYER BEFORE FORMULATING A STRATEGY WHICH WILL BE SUITABLE FOR YOUR SPECIFIC CASE.

More By Justin Damiani

There is 1 comment left for Is an SSN or ITIN Required For Obtaining an EIN?

Damian said: Wednesday, January 30, 2019

Do you have any accountant to recommend for doing the 1040 returns?

HBS Staff replied: Wednesday, January 30, 2019

Hi Damian - unfortunately, we are unable to recommend any specific accountant for you. We suggest checking with your local Chamber of Commerce for tax accountants nearby that can assist you.

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