Yes, you can obtain an EIN number prior to creating an LLC. In fact, getting an EIN number is advised because you will need it for a lot of business-related activities, including opening a bank account, recruiting staff, and filing taxes.
You must submit an application through the IRS website or by mail in order to get your EIN number. The application will request details about your company, including its name, address, and organizational setup. If your LLC hasn’t been created yet, you can still apply for an EIN number using your personal information as the “responsible party.”
It’s critical to understand that getting an EIN number does not imply that your LLC is officially created. To formally incorporate your LLC, you will still need to submit the required documents to your state’s Secretary of State office.
The IRS will send you a confirmation letter once you’ve gotten your EIN number successfully. This letter will provide vital details about your company as well as your EIN number. This letter should be kept in a secure location since you might need it in the future.
You must mention your business’s address when requesting your EIN number. This can be the address of your home, virtual workplace, or actual office. It’s crucial to pick a location where you can quickly go to and receive mail.
In conclusion, you can get your EIN number before establishing your LLC. This can be a practical approach to start things off on projects like obtaining a bank account and employing staff. It’s crucial to keep in mind that receiving an EIN number does not constitute the legal formation of your LLC; you still need to submit the required documentation to your state’s Secretary of State office.