Skip to content
  • There are no suggestions because the search field is empty.

Understanding Company Formation Timelines and EIN Processing

Summary: This article provides an overview of the typical timelines for company formation and the process for obtaining an Employer Identification Number (EIN).

Timeline for Company Formation

The formation of a company generally follows these timelines:

  1. State Formation:

    • This process typically takes 1 to 2 weeks.

  2. EIN Number Application:

    • After your company is formed, the application for your EIN begins.
    • If you have a U.S. Social Security Number (SSN), obtaining your EIN usually takes a few days.
    • If you do not have an SSN, it can take approximately 4 to 6 weeks on average to receive your EIN.

Expedited Processing

If you wish to expedite the formation process, you can pay for expedited processing. The cost for this service is $300 plus the applicable state fee. Some states may charge additional fees for expedited processing, which can vary. For example, Delaware offers same-day processing for $100 or a 50-hour service for $24 as state fees.

Conclusion

The typical timeline for company formation is 1 to 2 weeks, followed by a few days to several weeks for EIN processing, depending on whether you have an SSN. If you need a faster turnaround, expedited processing is available for an additional fee. If you have further questions or need assistance, please reach out to customer support.