While planning to form an LLC in the U.S., I started questioning whether having an ITIN was a mandatory requirement. I wanted to ensure I had all the necessary documents ready to avoid any obstacles during the registration process.
ITIN is issued by the IRS and given to people who are not eligible to obtain a Social Security number (SSN). The most important reason is to allow the payment of federal and state taxes, or better yet, to be entitled to a tax refund!
You do not need it to form an LLC. But, it contributes if you want to open your own business, by applying for an EIN (Employer Identification Number).
Need ITIN?
Get one with the assistance of an IRS CAA.
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