Employer Identification Numbers
How They Work
In this section, we will describe information required for us to help your clients get EINs. Most banks require businesses to have EINs before opening business bank accounts.
Personal Information Requirements
We will ask for the following personal information from each officer or managing member:
- Officer name
- Officer SSN
- Officer Address
We will also ask that you designate a responsible party for the new company. It is critical that we have the responsible party's EIN before requesting the EIN. It is possible for us to obtain EINs for clients without SSNs/ITINs, but this process takes longer.
Personal Information Requirements
We will ask for the following business information. It is critical we know about what the client sells:
- Business name
- Business address
- Industry
After obtaining this information, we will request an EIN on your clients' behalf using the IRS portal. We do this as a complementary service. When the responsible party has an SSN/ITIN, this can be completed in a matter of hours.