Do I really need EIN for my single-member LLC in Wyoming (for Stripe)?

[tomwis]

I need Stripe and Stripe only. I won't hire anybody, I will pass-through my taxation to my home-country, etc. I have registered an LLC, but I'm not sure about the next step. Stripe is asking about SSN/ITIN. SSN is for US-residents, so that leaves me with ITIN. I am aware it CAN be EIN (Employer Identification Number), but since I'm not planning to hire anybody and getting EIN is said to be lengthy process, maybe there is something easier/faster to obtain?

There are so many misleading guidelines around the web...

Last edited: Jan 12, 2021

 

[exprtadvisrdev]

"Do I really need EIN for my single-member LLC in Wyoming (for Stripe)?" Yes you must have one because you need to file forms 1120+5472 and to do so you will need an EIN

 

[erni]

eadeveloper said:
"Do I really need EIN for my single-member LLC in Wyoming (for Stripe)?" Yes you must have one because you need to file forms 1120+5472 and to do so you will need an EIN
Click to expand...

Do you know how it is possible to get one as an foreigner?

 

[exprtadvisrdev]

erni said:
Do you know how it is possible to get one as an foreigner?
Click to expand...

Yes, you need to file form SS-4 and fax it or send it by mail to the IRS. My old EINs only took 4-7 days to be issued but these says they are taking much longer

 

[tomwis]

eadeveloper said:
Yes, you need to file form SS-4 and fax it or send it by mail to the IRS. My old EINs only took 4-7 days to be issued but these says they are taking much longer
Click to expand...

Man, I love reading your answers in this forum, thank you 🙂

 

[FilipinoLawyer]

exprtadvisrdev said:
"Do I really need EIN for my single-member LLC in Wyoming (for Stripe)?" Yes you must have one because you need to file forms 1120+5472 and to do so you will need an EIN
Click to expand...

Hi I read about 5472+1120 for foreign owned disregarded entities. Would it be a good set up to establish wyoming LLC but keep an office in California