The EIN is a number that can be seen as a social security number for companies in the United States. The number is generally obtained to open a bank account for your entity but it is also required to pay taxes and hire staff in the US.

Obtaining an EIN from the IRS can be a lengthy process where an actual fax needs to be sent in to initiate the application. Otonomos can assist with this process to help you get your EIN faster.

How to apply for an EIN

Getting an EIN with help from Otonomos is a straightforward process. All you need to do is login to the Otonomos Dashboard, navigate to the Corporate Actions section for the entity you want to order an EIN for and complete the payment.

Once the payment is completed you will be redirected to fill out the required details to apply for the EIN. All that needs to be provided is:

Address
SSN (if available)
Responsible party

Fill out the details to initiate the EIN application

Get a virtual mailing address

By default you are required to provide your personal address for the EIN application. However, if you prefer keeping your personal address hidden you have the option to apply for a virtual mailing address. This address can then be used for your EIN application.

To add a virtual mailing address you can select one of the available addresses from the dropdown menu. If you don't have this subscription yet you will be asked to complete the payment before you can use the address.

Learn more about the Virtual Mailing Address here.

How long it takes

The EIN application can be a lengthy process without an SSN. The turn around time is generally 3-4 weeks provided that the IRS is not backed up. When the IRS is backed up it can take up to 6 weeks to get your EIN number.

With an SSN you can get your EIN within a week.