Employer Identification Number (EIN)
After your form a Florida LLC, you may have questions about obtaining an EIN. Obtaining an EIN for a Florida LLC requires a few simple steps. Here’s what you need to know.
What is an EIN Number?
An Employer Identification Number (EIN) is a nine-digit number assigned to a business for the purpose of identification with the IRS: it’s the business entity equivalent of a Social Security Number for citizens. An EIN is required for any corporation or LLC that consists of multiple members or employees. An EIN is required to withhold taxes from employees, open bank accounts, and any application that requires a business to validate its authenticity.
How to Get An EIN Number in Florida
Note that an EIN is a federal tax ID number assigned by the IRS and is not state-specific. A Florida LLC can operate in multiple US states using the same EIN.
Obtaining an EIN requires completing the Form SS-4 application and either mailing or faxing it to the IRS. You will need to provide basic information about the business on the Form SS-4, including the LLC’s legal name, the business mailing, and the date you started doing business or hiring employees. You will also need to name a responsible party for the company on the Form SS-4 application.
When you form your business, a Registered Agent like IncNow® can secure your corporation or LLC’s EIN the same day. However, it typically takes 2-5 weeks to receive a hard copy of your EIN from the IRS by mail.
When deciding where to form your company, consider that Delaware has advantages over your home state that may benefit you. Go