An EIN (Employer Identification Number) is a federal tax ID issued by the IRS to businesses — similar to a personal tax ID but for companies.
An EIN is required to open a business bank account, register an international payment gateway, file taxes, and hire staff in the US — even if you don’t reside in the US.
Most US business banks require a valid EIN.
A mandatory requirement when registering Stripe, PayPal Business, Shopify Payments, and more.
International business owners can still obtain an EIN without a Social Security Number.
An EIN is one of the first documents requested when opening a bank account or registering an international payment gateway — many applications get rejected simply due to missing or incorrect EIN information at the very first step.
Yes, it is entirely possible to get an EIN without an SSN or US residency.
The IRS issues EINs for free; any cost is for assistance preparing the application.
No, an EIN is valid permanently unless the business dissolves or changes its legal structure.