Skip to main content

Do I need an EIN?

Updated over a week ago

Do I need an EIN?

Most LLCs need an EIN, especially if you plan to:

  • Open a business bank account

  • Hire employees

  • Have more than one owner

  • Run business finances separately


What about single-member LLCs?

Even if youโ€™re the only owner:

  • Most banks require an EIN

  • It helps separate personal and business finances

  • It keeps your personal information private


How do I get one?

You can request your EIN directly in your Business Portal:

๐Ÿ‘‰ Go to Additional Services โ†’ Assign EIN


Summary

  • Most LLCs need an EIN

  • You can easily request one through your Business Portal

Did this answer your question?