What Non-U.S. Founders Need Before EIN and Banking

The EIN Is Not the Hard Part

Many founders focus on the EIN (Employer Identification Number) as the primary challenge of U.S. business setup. The EIN application itself is relatively straightforward — the harder part is what comes after.

What the IRS Needs

Non-U.S. founders applying for an EIN for a U.S. LLC need to apply via Form SS-4. Without a U.S. Social Security Number or ITIN, the application is submitted by mail or fax (or via a Responsible Party who has one). The process takes weeks, not days.

Banking Is the Real Challenge

U.S. bank account opening for non-resident owners is difficult. Banks have extensive KYC (Know Your Customer) requirements, and many traditional banks require in-person visits for non-resident account holders.

Several fintech options have made this more accessible — Mercury, Relay, and others accept applications from non-resident LLCs. However, acceptance is not guaranteed, and preparation matters significantly.

What Improves Your Odds

A properly structured LLC with clear documentation — a well-drafted operating agreement, a business plan that explains your model, and organized incorporation documents — significantly improves your banking application outcome.

T2bis prepares clients for this process as part of our formation service.