It’s imperative to obtain an Employer Identification Number (EIN) before launching a business in the US. An EIN is a distinct nine-digit number that serves as your company’s tax identification number. It functions as your company’s social security number (SSN). If you are a non-resident immigrant, you might be curious about how long it takes to obtain an EIN and whether you can do so without an SSN.
Yes, it is possible to register a business in the US without having an SSN. Without an SSN, non-resident aliens and foreign corporations can open a business in the US. To operate a business and file taxes, you must obtain an EIN.
When requesting an EIN, the Internal Revenue Service (IRS) needs you to supply your SSN. The SSN is used by the IRS to confirm your identification and stop fraud. Non-resident aliens can still get an EIN even if they are not qualified for an SSN.
Is my EIN therefore connected to my SSN? Your EIN is not connected to your SSN, sorry. Your SSN is a special identification number for you personally, but your EIN is a special identification number for your company. Your EIN and SSN are, however, interchangeable if you are a sole proprietor.
Is it possible to submit taxes without a Social Security number? No, an SSN or an Individual Taxpayer Identification Number (ITIN) are required to submit taxes. Every taxpayer must have a special identifier in order to file taxes, according to the IRS. You can apply for an ITIN if you are a non-resident alien who is not qualified for an SSN.
You can apply by mail, fax, or phone for an EIN if you are a non-resident alien who is not qualified for an SSN. Typically, the procedure takes four to six weeks. However, you can acquire your EIN right away if you apply over the phone. Call the IRS Business and Specialty Tax Line at 1-800-829-4933 to apply over the phone.
In conclusion, non-resident aliens and foreign corporations can obtain an EIN without an SSN. An EIN application can be made via phone, fax, or letter, and the procedure typically takes four to six weeks. However, you can acquire your EIN right away if you apply over the phone. It is significant to remember that in order to conduct business and file taxes in the US, you must have an EIN.