How to Get an EIN Without an SSN or ITIN?
Many business owners living in the U.S. are of the view that they need an SSN or ITIN to acquire an EIN. Due to rumors and misconceptions, Amazon sellers who neither have an ITIN or SSN, get worried and inquire how to get an EIN number to sell on Amazon.
Individuals who believe that it's important to have an SSN or ITIN to obtain an EIN are wrong. Having an ITIN or SSN is not necessary, but there are 4 factors that should be noted.
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- The corporation's structure such as C-Corporation, S-Corporation or LLC.
- A person's status; U.S. resident or a non-U.S. resident.
- The co-founders of the business who are U.S.-based.
- The association of a business with a U.S. accountant or attorney.
The factors above will help you determine whether or not an SSN or ITIN is needed for an EIN. It's not a criterion for individuals to acquire an SSN or ITIN for an EIN. Hence, Amazon sellers who are worried about how to get an EIN number to sell on Amazon should go through the following information.
Recently, the IRS has implemented certain policies which make it quite complicated for persons to acquire an EIN. This is also true for foreign businesses, even if they possess an ITIN or SSN. To make an EIN easier for businesses without an ITIN or SSN, they need to comprehend the EIN application process.
- Foreign businesses require a credible US-based business lawyer with a valid SSN who can act as their third party designee to represent their business.
- The credible business lawyer hired by you for your business has to ready an application for an 'Employer Identification Number' (EIN) with the required documentation on your behalf.
- After preparing the application, the business lawyer must contact the IRS for international applicants and will have to send the signed form to the IRS through fax.
- As soon as the application will be accepted by the IRS, your business lawyer must receive the 'Employer Identification Number' for the foreign business on the same day, provided the name of the lawyer has been mentioned in the third party designee portion of the application form.
In short, to get an EIN without an SSN or ITIN, you must hire a professional, accredited, and credible US-based business lawyer. An experienced and certified lawyer is an integral part of the EIN application process and they help in securing an EIN efficiently and effectively.
Without a good lawyer, the EIN process might not go smoothly as they are the ones who either have an SSN or ITIN which becomes the base to obtaining an EIN for your business as they are representing you. Therefore, you should select your business lawyer properly and you should ensure they possess an SSN or ITIN.
Source: http://www.itinnumberonline.com/how-to-get-an-ein-number-to-sell-on-amazon/
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