Can I get an EIN before forming my business?
For a legal business entity such as an LLC or corporation, the business generally needs to be formed with the state before an EIN application is submitted. This is because the EIN application uses information tied to the established entity, including its legal business name, entity type, and formation details. Submitting an EIN request before the entity is legally formed may result in processing delays or mismatched records. Swyft Filings offers EIN filing assistance as an additional business service. After the entity is formed, customers can provide the required business and responsible-party information so the EIN request can be prepared using the business’s established formation details.
Swyft Filings' EIN service is intended to help customers prepare and submit the information needed for the EIN request. The EIN identifies the business for federal tax and administrative purposes; it does not replace the state formation filing, a business license, or nonprofit tax-exempt recognition. The business should keep its EIN confirmation with its permanent records because banks, payroll providers, tax professionals, and licensing agencies may request it.