CORPORATION | EIN APPLICATION

A Corporation is recognized as its own individual entity, as it is separated from the people who own, control and manage it. One major difference between C and S Corporations is that the first one is subject to corporate income taxation. C-Corporations are owned by shareholders who elect a board of directors. The directors exercise good business judgment when they have to make decisions and arrangements on behalf of the corporation.

WHAT IS AN EIN NUMBER?

The Employer Identification Number (EIN), also known as the Federal Employer Identification Number (FEIN) or the Federal Tax Identification Number (Tax ID Number), is a unique 9 digit number assigned from the IRS. The digits of an EIN are formatted as follows: XX-XXXXXXX. Entrepreneurs and businesses use an EIN to conduct business activities that would otherwise require a Social Security Number (SSN).

DO I NEED AN EIN FOR A C-CORPORATION?

If you are operating as a Corporation, it is required to apply for a Federal Tax ID Number  commonly called an Employer Identification Number (EIN). Your EIN will contribute to your business growth for various reasons as it allows you to:
  • Open bank accounts
  • Hire employees
  • Obtain Business Licenses and Permits
  • Open a business checking account and apply for business credit
  • Keep your privacy and reduce your chances of identity theft by not providing your Social Security Number
  • File taxes at a federal, state and local level

HOW TO GET AN EIN NUMBER FOR A CORPORATION

Apply now and obtain an Employer Identification Number (EIN) by filling out the EIN Online Application form. It is Easy, Fast and Secure. After you complete the online process you will receive your EIN together with important information within 1-2 business days.

Apply For CORPORATION EIN