After Dissolving a Corporation: EIN

After Dissolving a Corporation: EIN

After dissolving a corporation, the Employer Identification Number (EIN) remains tied to the business entity as a permanent tax identifier, even though it is no longer active. This article explores the implications on your EIN and provides guidance on managing it effectively post-dissolution.
Table of Contents

The Employer Identification Number (EIN), or the Federal Employer Identification Number (FEIN) or Federal Tax Identification Number, uniquely identifies business entities in the United States. The Internal Revenue Service (IRS) assigns this nine-digit number for identification purposes. But what happens to an EIN after dissolving a corporation? This article explores the implications of dissolving a corporation on its EIN and offers insights on managing this crucial identifier.

What is an EIN?

An EIN is vital for U.S. businesses, serving as a unique tax identifier. It’s necessary for filing taxes, opening a business bank account, and other official transactions. Once assigned, an EIN permanently links to the business entity and is never reused or reassigned, even if the business closes.

How to Obtain an EIN as a Foreigner

Foreigners can easily obtain an EIN to establish a business in the U.S. By visiting Clemta.com, you can follow these simple steps to secure an EIN:

  1. Log in to Clemta.com.
  2. Select “I have a company” if you already have a business.
  3. Choose our EIN service and follow the prompts to apply.

If you don’t have a company yet, Clemta also offers incorporation services in the United States. The EIN is included in our service fee, streamlining the process.

The Permanence of an EIN

An EIN remains a permanent part of a business’s identity. Even if a corporation dissolves, the EIN stays active, allowing the IRS to reference past tax filings. Although the EIN remains, closing the associated business account is possible if no longer needed.

Closing a Business Account with the IRS

To close a business account, an authorized company representative must send the IRS a letter including:

  • The business’s legal name
  • The EIN
  • A copy of the original assignment notice, if available
  • The business address
  • The reason for closing the account

Ensure all applicable tax returns are submitted to the IRS before closing the account.

What Happens to the EIN After Dissolving a Corporation?

In summary, the EIN remains unique to the business and serves as its permanent tax identification number. Even after dissolving a corporation, the EIN can’t be reassigned. If a business decides the EIN is unnecessary, the IRS can close the associated business account, but the EIN continues to belong to the original entity and is available if the business revives.

For more guidance on managing your EIN and business dissolution, visit Clemta.com for resources and professional assistance tailored to your needs.

Explore more
E-commerce Store
How to Optimize Your E-commerce Store for Better US Sales Tax Management

As you enter the US market with your e-commerce business, managing sales tax effectively is crucial due to the varying rates and rules across states. Streamlining tax exemption processes, conducting regular audits, and consulting with tax professionals are additional steps to ensure compliance and avoid penalties. Leveraging technology and education for both your team and customers further enhances compliance and transparency.

Read More »
Moving Your Company Out of Delaware May Be the Right Move

Elon Musk’s high-profile move of Tesla and Neuralink out of Delaware signals a potential shift in business preferences. While Delaware remains a popular choice, states like Texas and Nevada offer advantages like lower taxes and a less restrictive regulatory environment.

Read More »
7 Proven Amazon Product Research Tactics
7 Proven Amazon Product Research Tactics

Product research is the foundation of a successful Amazon business. In this article, we share 7 practical tactics to help you identify high-demand, low-competition products with strong profit potential. With the right strategies and tools like Seller Assistant, you can streamline your research process and make smarter decisions for your Amazon store.

Read More »
EIN and ITIN for E-commerce Businesses
EIN and ITIN for E-commerce Businesses in 2025

Navigating the financial landscape in the U.S. as an e-commerce entrepreneur involves understanding crucial identifiers like the Employer Identification Number (EIN) and Individual Taxpayer Identification Number (ITIN). Both play significant roles in business operations and tax compliance.

Read More »
Vietnamese entrepreneurs can unlock global growth by incorporating in the U.S. Learn why a U.S. LLC matters, how it grants access to Stripe and PayPal, and the simplest way to get started with Clemta.
Why Vietnamese Entrepreneurs Are Incorporating in the U.S.

Vietnamese entrepreneurs are increasingly looking to the U.S. for business opportunities. Incorporating in the U.S., especially through an LLC, unlocks access to global payment platforms like Stripe and PayPal, which can be difficult to obtain directly from Vietnam. Clemta simplifies this process, providing a fast and easy way for Vietnamese founders to establish a U.S. company and gain access to international markets. This opens doors to global growth and greater financial stability.

Read More »
Need Help Before You Go?

Get answers to your questions with a quick meeting. Schedule a free consultation to discuss your needs and next steps.