Shelf company list: Request the list
NOMINEE OFFICER AND THE APPLICATION FOR THE EIN
By the time clients reach us, they surfed many other
websites that advocated for the use of a nominee officer EIN. Many
websites offer a regurgitation of bad information. It's time to break it
When you apply for the corporationís bank account, the bank
screens your name with ChexSystems and with OFAC (Office of Foreign Assets
Control). OFAC is a department of the US Treasury, as the IRS. OFAC shares their database with the Department of Homeland Security and
throughout the US Treasury. This means that IRS eventually knows for which
bank accounts you applied.
THE BANK WILL ASSOCIATE THE EIN WITH YOUR SOCIAL
SECURITY NUMBER, EVEN IF YOU GOT IT THROUGH A NOMINEE OFFICER.
Furthermore, your agreement to abide to the banks internal
rules and federal regulations releases the bank to freely provide this
information. Therefore, there is no privacy when youíre the signer on
the corporationís bank account, regardless if you obtained a "nominee officer"
EIN. The Employer Identification Number is a private matter between you, your
company and the IRS. This information is not of public record. We donít
provide or apply for EINís because thereís no real value to this service. You
may receive conflicting marketing propaganda from our competitors because they
have an interest in charging you for an unneeded service.
OUR COMPETITORS MARKET A "NOMINEE OFFICER EIN" TO SELL
YOU A SERVICE THAT OFFERS NO VALUE. WE DON'T RECOMMEND THIS PRACTICE.
EIN'S ARE FREE FROM THE IRS. OBTAIN AN EIN FROM
THE IRS BY CALLING THEM AT 800.829.4933. WHY PAY FOR A SERVICE THAT IS
As for LLC's...
The K1 is issued to the member/owners according to their
interest held. This is filed associating your name and social security
number to the LLC. Therefore, obtaining a "nominee officer EIN" holds no
value. Why obtain a nominee officer EIN when the that information is
going to be disclosed anyway? Don't throw away your money.