Lesson 9 of 13
EIN, bank account and licences
Once the corporation exists and is governed, it needs a tax number, an account and permission to trade.
EIN
Every corporation needs an EIN. It is free from the IRS. If the responsible party has a Social Security Number or ITIN the online application usually issues it immediately; otherwise Form SS-4 goes by fax or mail.
Bank account
Banks generally ask for the filed articles, EIN letter, bylaws, the resolution authorising the account, and identification for officers and significant shareholders.
Licences and registrations
Check federal requirements only if you are in a regulated industry, then work through state, county and city licensing. Register for sales tax and payroll withholding where applicable.
Want us to incorporate for you?
You can incorporate directly with the state using the steps in this course. If you would prefer, Gullia Filing prepares and files the Articles of Incorporation, supplies bylaws and organisational resolutions, obtains your EIN and acts as your registered agent.