Implications for Foreigners in the IRS Revision to the EIN Application

In March, the Internal Revenue Service (IRS) announced a revision to the Employer Identification Number (EIN) application process that could potentially have some serious consequences for foreigners or non-resident aliens (NRA) who wish to start a company in the United States. The change the IRS made applies to both the paper Form SS-4 (Application For Employer Identification Number) and the online EIN application. The press release states that as of May 13, 2019, "The change will prohibit entities from using their own EINs to obtain additional EINs," and that, "Individuals named as responsible party must have either a Social Security [...]

By |August 28th, 2019|Categories: Asset Protection|Tags: , |
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