Obtaining an EIN is among the procedures you must follow to start your business. Therefore, in Hispanic Entrepreneurs We tell you how to request the Online Employer Identification Number. Read on so you understand what it is, who needs it and where to get it.
What is the EIN?
EIN stands for Employer Identification Number, Employer Identification Number in Spanish. This is a nine-digit code used for tax administration purposes.
It is important to mention that the online process for apply for an EIN It is only available to businesses and individuals located in the United States or its territories. International applicants must follow a different process, which includes completing the form SS-4 and fax or mail it to the IRS.
Si vas a register a company in the United States you will likely need an EIN. The IRS establishes the criteria that define which businesses must obtain an EIN. These include the following:
- Companies that are going to hire employees.
- Those that do not have employees, but operate as a corporation or partnership.
- Open a business bank account for the company.
- To change the structure of the organization.
- Buy a business that is already up and running.
- He is an agent withholding taxes on non-salary income paid to a foreigner.
See the list of criteria for applying for an EIN on the IRS website.
The online service to apply for an EIN is available Monday through Friday, 7 am to 10 pm EST. If you try to complete the process outside of these hours, you will have to wait until the service is available again. Be sure to plan your application around these times.
How to get an EIN
The IRS has four different methods for applying for the EIN. We list each one below.
- Online application. It is the fastest method since you will receive the number immediately, once you complete the application and the IRS validates the information.
- By FAX. The taxpayer must complete the form SS-4 and send it to the corresponding FAX number. Add a number to your own FAX number to receive a response from the IRS. This process takes 4 days.
- Request by mail. The form is completed and sent by mail and the applicant will receive the answer by this same means. In this case, it may take 4 weeks to complete the process.
- Call Us. This alternative is for international applicants. The number 267-941-1099 is available to them and the caller must be authorized to answer questions related to the form.
Although the online process is the fastest and most recommended method of obtaining an EIN, you can also apply by mail, fax, or phone. To do this, you must complete Form SS-4 and follow the specific instructions for each method. You can find the necessary forms and contact numbers on the IRS website.
Apply for Employer Identification Number online
At Hispanos Emprendedores we offer you a simple guide so that you understand how to obtain an EIN for an LLC or any other type of company. Here are the steps you must follow:
Check eligibility
The IRS indicates that before applying the IRS must verify that you are eligible for it. In this sense, it presents three criteria. First, the main business is located within the United States or one of the United States territories.
On the other hand, the person completing the electronic EIN application must have a valid Taxpayer Identification Number such as SSN, ITIN, EIN.
And finally, each responsible person can apply for only one EIN online per day. If you have already met this limit, you must resort to another method.
For the application you can enter the official website of the IRS https://www.irs.gov/spanish/solicite-un-numero-de-identificacion-del-empleador-en-linea
Complete the electronic application
To find out how to get an EIN number in Tennessee through the internet, continue with the second step. This consists of completing the electronic application, which must be done in a single session since the system will not save the information to continue later.
That is, if you exit the session without completing the request or keep it idle for 15 minutes, the request expires. Consequently, you will have to start filling in the information again.
Send the request
After completing the information, you submit the application and the IRS will validate the information you submitted. By doing so, you will receive the EIN immediately. Then you can download, save and print the confirmation notice.
If you want to read more about business licenses in Tennessee you can read 7 questions about the business license in Clarksville.
Keep in mind that the regulations and requirements for applying for an EIN may change over time. Therefore, before beginning the application process, we recommend that you check the IRS website for the most up-to-date information and to ensure that you meet all the necessary requirements.
After obtaining the Employer Identification Number online and starting your business, don't forget to register it in the Hispanic business directory to give you greater visibility.
