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Hi, this is Dmytro Biryuk! When you set up a business in the U.S., you want to complete all required actions. An important step is to get an employer identification number (shortly EIN). Its also called a federal tax ID number, IRS tax number, business tax ID, EIN number, or FEIN all the same thing. Issued by the IRS, EIN is a 9-digit number that identifies your company. Itamp;#39;s like your personal social security number (SSN) or taxpayer identification number (TIN). Unlike what it sounds, an EIN is not only for employment purposes. In fact, your company will need a federal tax ID number for various reasons, even if the company has no employees at all. EIN, for example, is necessary to: start or purchase a business, open a bank account, comply with the IRS withholding regulations, and benefit from a U.S. income tax treaty. To get a tax ID number, you can apply online, by phone, fax, or mail. Application is free. The easiest way is to apply for EIN online. Just go to the irs.gov
