Business Entity Verification Process:

Business entity verification ensures your business is legitimate, properly registered, and compliant with all applicable regulations. This process validates your legal status and operational authority.

01. Legal Business Structure Identification

Supported Business Types:

• Sole Proprietorship: Individual business owner, uses SSN or EIN
• Partnership: Two or more individuals, requires partnership agreement
• Limited Liability Company (LLC): Requires articles of organization
• Corporation (C-Corp or S-Corp): Requires articles of incorporation
• Non-Profit Organization: Requires 501(c)(3) documentation

02. EIN (Employer Identification Number) Verification

EIN Requirements by Business Type:

• Required for EIN: All LLCs, Corporations, Partnerships, businesses with employees
• Optional for EIN: Sole proprietorships without employees (can use SSN)
• EIN Format: XX-XXXXXXX (9 digits with hyphen after first two)

EIN Verification Process:

• Provide your 9-digit EIN exactly as issued by the IRS
• System automatically validates EIN against IRS database
• Legal business name must match IRS records exactly
• If verification fails, we may ask you to provide the IRS EIN confirmation letter

03. Address Verification

Physical Address Requirements:

• Must be a physical location (no P.O. boxes for primary address)
• Address must match state registration records
• Home-based businesses must provide residential proof
• Virtual offices require additional documentation

⚠️ Special Considerations: New businesses (less than 2 years old) may require additional documentation such as business plans, financial projections, or personal guarantees.