You do not need a Social Security number to own a U.S. company, and you can still obtain an EIN. The IRS application asks for a taxpayer identification number for the responsible party, but it has a way to handle people who do not have one.
The responsible party
The application names a responsible party: the person who ultimately owns or controls the company. When that person has no SSN or ITIN, the application is completed on paper using Form SS-4, and the line for the number is marked as foreign or not applicable. The form is then sent to the IRS by fax or mail, because the online system generally expects a U.S. taxpayer number.
What to expect
- The process is slower than an online application for people with an SSN.
- The IRS may ask a question or return the form if something is unclear.
- Once approved, the IRS sends the number in a letter, and we place a copy in your dashboard.
What FairEntity does
If you tell Fae that you do not have an SSN or ITIN, she will not ask for one. We prepare the paper form from the information you gave and submit it. We tell you when it is sent and when the IRS replies.
Things to know
- Having an EIN does not give you the right to live or work in the United States.
- A bank may have its own requirements for opening an account, and some ask for more documents from owners who live abroad.
- Whether you must file tax returns in the United States, and how, depends on your situation and country.
If you are unsure about the tax consequences of owning a U.S. company from abroad, a licensed tax professional can help with your case.
This is general information, not legal or tax advice.
General information, not legal or tax advice. If your case needs it, a licensed attorney or accountant can advise you. Read the disclaimer