How to Get an EIN for Your Crypto & Digital Assets Business in Delaware (2026)

Securing an Employer Identification Number (EIN) is a crucial step for any crypto or digital asset business operating in Delaware. This guide will walk you through the process of obtaining an EIN in 2026, tailored specifically for crypto businesses, and highlight how Lovie can streamline the entire formation and compliance process.

What is an EIN?

An EIN, or Employer Identification Number, is a unique nine-digit number assigned by the IRS to identify your business entity. It's essentially a Social Security number for your company, required for various activities such as opening a bank account, hiring employees, and filing taxes.

How to Apply for an EIN

  1. Determine Your Eligibility: Ensure your Delaware-based crypto business requires an EIN. LLCs with employees or operating as a corporation generally need one. Sole proprietorships without employees may use their SSN, but an EIN offers better security.
  2. Choose Your Business Structure: Decide on your business structure (LLC, C-Corp, etc.). Delaware is popular for crypto startups due to its business-friendly laws. The structure impacts your EIN application and tax obligations. Lovie can help you choose the optimal structure for your crypto venture.
  3. Prepare Form SS-4: Complete IRS Form SS-4, Application for Employer Identification Number. This form requires information about your Delaware crypto business, including its name, address, responsible party, and reason for applying. Accuracy is key.
  4. Submit Your Application: You can apply for an EIN online through the IRS website, by mail, fax, or phone (international applicants only). Online application is the fastest method. Lovie automates this process, reducing errors and saving you time.
  5. Receive Your EIN: If applying online, you'll typically receive your EIN immediately. If applying by mail or fax, it can take several weeks. The IRS will issue a confirmation notice with your EIN.
  6. Keep Your EIN Safe: Treat your EIN like a Social Security number. Protect it from unauthorized access to prevent identity theft. Use it only for official business purposes.

Start your formation with Lovie — $20/month, everything included.