Do I need to apply for an ITIN if I have an LLC?

Yes! If your company is an LLC, either a Disregarded Entity or a Partnership, all the foreign members must have an ITIN to file the individual's Tax Return. 

But don’t worry, you don’t need to have an ITIN to start your business, and also if the members don’t need to file Individual Tax Return this year, you don't need it either.

However, as it’s something important and widely used, the sooner you do it the better! 

 

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