Establishing a business bank account, along with obtaining an EIN (employer identification number), can demonstrate your commitment to building a strong foundation for your business in Texas. An EIN, or Employer Identification Number, is a unique 9-digit number assigned by the IRS for tax purposes and is required to open a business bank account.
Please Note: The online system to obtain an EIN is active Monday to Friday, 7 a.m. to 10 p.m. Eastern Standard Time.
Navigate to EIN Request and click "Begin Application"
Click "Limited Liability Company (LLC)" then continue
Click "Continue"
Enter 1 member and Texas (TX) and continue
Click "Continue"
Requesting an EIN since you "Started a new business"
Enter your info and business address
Enter business information
Answer "no" to the 5 back-to-back questions
Click "Other" for what your business does and find the closest option
Download the PDF of the EIN Form
Upload it into your InstateMe portal
Update the "Status" column within your Checklist
Completed the BOIR step for legal compliance (not located within the Checklist)