Do I need to get an ITIN (Individual Taxpayer Identification Number)?

In most cases, no—an ITIN is not required for incorporating a US company or opening a business bank account. An ITIN is typically only needed if you, as an individual, plan to receive income from a US source and are required to file a personal US tax return. For your business, the EIN (Employer Identification Number) issued by the IRS is sufficient for tax filings, banking, and compliance purposes.

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