EIN for Foreign-Owned Businesses in the USA

Jan. 23, 2026, 7:52 p.m.
Foreign entrepreneurs can legally own and operate businesses in the United States—even without being US residents. One of the first and most important steps is obtaining an Employer Identification Number (EIN) from the IRS.
EIN for Foreign-Owned Businesses in the USA

What Is an EIN?

An EIN (Employer Identification Number) is a unique 9-digit number issued by the IRS to identify a business for tax, banking, and compliance purposes. It works like a Social Security Number for a business.

Do Foreign-Owned Businesses Need an EIN?

Yes. A foreign-owned business must obtain an EIN if it:

  • Is registered in the United States (LLC, Corporation, Partnership)

  • Opens a US business bank account

  • Files US federal tax returns

  • Has employees in the US

  • Is a single-member LLC owned by a non-US resident

  • Is required to file IRS Form 5472

Even if the business has no US employees, an EIN is still required in most cases.

Who Can Apply?

Foreign owners do NOT need:

  • A US Social Security Number (SSN)

  • An Individual Taxpayer Identification Number (ITIN)

  • US citizenship or residency

Non-US individuals and companies are fully eligible to apply.

How to Apply for an EIN as a Foreign Owner

 Option 1: Apply  Online

 Option 2: Apply by  Phone

  •  (502) 547-2551

Common US Business Types for Foreign Owners

  • Single-Member LLC (most popular)

  • Multi-Member LLC

  • C-Corporation

  • US Branch of a Foreign Company

Each structure has different tax and reporting obligations.

Tax & Reporting Obligations

Foreign-owned US businesses may need to file:

  • Form 5472 (mandatory for foreign-owned single-member LLCs)

  • Federal income tax returns

  • State tax filings (depending on location)

Failure to file required forms can result in penalties up to $25,000.

Can You Open a US Bank Account with an EIN?

Yes. Most US banks require:

  • EIN confirmation letter (CP 575)

  • US business registration documents

  • Passport of the owner

  • Sometimes a US address

Some fintech banks may allow remote account opening.

Benefits of Having an EIN

  • Legal compliance with IRS rules

  • Ability to open US bank accounts

  • Hire employees or contractors

  • Build US business credibility

  • Access US payment processors (Stripe, Amazon, PayPal)

Final Thoughts

Getting an EIN is a mandatory and foundational step for foreign-owned businesses operating in the United States. While the process is straightforward, accuracy is critical to avoid delays or penalties.