
http://www.itinnumberonline.com/how-to-start-an-llc-without-an-itin-number/Original source: http://www.itinnumberonline.com/how-to-start-an-llc-without-an-itin-number/
If you are pondering over how to start an LLC without an ITIN number, another thing you should deliberate upon is that is getting one really necessary in order to open an LLC in USA. Briefly speaking, an ITIN number is not really required to open an LLC but what one does require is an EIN number. There is a common belief that without getting an ITIN number, a foreign individual cannot open an LLC in USA. Likewise, most people also think that in order to apply for an EIN number, a foreign investor must also have an ITIN number or a social security number. Both of these beliefs are entirely wrong as companies or their owners who wish to bring their limited liability businesses in USA do not really need to obtain an ITIN number in the first place.
How to Start an LLC Without an ITIN Number?
Now as we have already mentioned, it is not really important to get an ITIN number to open an LLC in the USA, it is also important to bring to your knowledge that obtaining an EIN without an ITIN is a complex and intimidating task but it is not impossible. To be able to do business in USA, you must obtain Employer Identification Number
It is not really mandatory to obtain ITIN and SSN to get an EIN number for most of the residents of the USA as well as those foreigners who wish to start a new business in USA. Therefore, such people must not fret on how to start an LLC without an ITIN number.
Steps Involved in Starting an LLC without an ITIN Number
Acquiring an EIN is daunting because it consumes a lot of time. The foreigners interested in obtaining an EIN need to know the application process for obtaining it. You can find more information about getting an EIN without an ITIN number over here (INSERT LINK FOR THE BLOG HOW TO GET AN EIN NUMBER WITHOUT AN ITIN NUMBER).
- Having a Trustworthy Business Accountant
All the foreigners wanting to set up an LLC in USA must have a trustworthy accountant. The accountant must be able to represent the company as a third party designee.
- Preparing the Application
The accountant will also have to help you prepare the application for EIN. All of the necessary documents need to be assembled for the application of EIN.
- Getting in Touch with the Internal Revenue Service
After all the documentation is complete, and the accountant has readied it for the application process you will be required to approach the IRS at the foreign investors centre and then fax a signed form to the IRS.
- Obtaining the EIN
When your application is successful, that is, the IRS approves of it, your business accountant will have to collect the employee identification Number if you mention the name in the third party designee portion of the application form.
As you know the procedure for how to start an LLC without an ITIN number, you may have realized that the role of an accountant is crucial. And having a professionally sound trustworthy and loyal accountant will help to make the process easier and smoother for you. It is because of the services of a really good accountant, you are able to get an EIN without an ITIN and SSN.
If you would like a consultation on how to open an LLC without an ITIN number please call us at 888-509-3616, or visit www.itinnumberonline.com
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