How to apply for Tax Identification Number
The tax identification number (TIN) is a unique identifier for an individual or a company for the specific purpose of tax remittance. The TIN number is prepared by the tax office and issued to individuals or registered business / incorporated companies for proper identification and verification. Applying for TIN is totally free IF YOU DO IT ON YOUR OWN and if you have not incurred any tax penalty based on the time-frame given according to the LAW to obtain your TIN, either as an individual or as a company. There are no fees to be paid unless you intend to employ third parties to assist you in registering and obtaining the TIN. Why you need Tax Identification Number: It is required when you apply for government loans. It is required to open a business account. It is require to obtain an import, export or trade license. It is necessary when you register your vehicle. It is needed for getting tax clearance, allowance, waiver, incentive. It is a must-have if yo...