Opening a Business Bank Account

After starting your business, obtain your EIN (also known as a Federal Tax ID). The EIN is required for LLCs and corporations to pay taxes. The IRS also uses this to identify your business and communicate with you.
Provide your business details and other IRS requirements in our intuitive form.
Our team prepares and files your paperwork on your behalf. No confusion and no guessing.
Once the IRS has processed your application and sent us your EIN, we provide it directly to you.

Your business should be legally formed with the state before you apply for an EIN. The IRS ties your EIN application to your entity's formation details: its legal name, its formation date, and its state of registration. Applying before you've officially formed can create mismatches that slow down or complicate your application.
If you haven't formed your LLC or corporation yet, start there. LegalNature's LLC formation and incorporation services help you get your entity properly registered with the state, so your EIN application goes smoothly right behind it.
What is an EIN, and do I need one for my business?
An EIN, or Employer Identification Number, is a nine-digit federal tax ID issued by the IRS to identify your business. You generally need one if your business has employees, operates as a corporation or partnership, or files certain federal tax returns. Sole proprietors without employees can often use their Social Security Number instead, though many still choose to get an EIN for privacy and banking purposes.
Can I get an EIN before my LLC or corporation is officially formed?
It's best to wait until your business is legally formed with the state first. Applying before formation can create mismatches between your EIN application and your official formation documents, which can complicate things later.
Do sole proprietors need an EIN?
Sole proprietors without employees can often use their Social Security Number instead of an EIN. However, sole proprietors who hire employees, file certain excise tax returns, or want to keep their SSN off business paperwork will need an EIN.
What's the difference between an EIN and a Social Security Number for business purposes?
A Social Security Number identifies an individual, while an EIN identifies a business entity. Using an EIN instead of your SSN on business documents helps separate your personal and business finances and reduces the risk of personal identity theft tied to your business activities.