Firstbase.io requires multiple steps to complete the entire process from incorporation to opening the business bank account. Because we deal with various state and federal government entities throughout the process, timelines for each stage may vary. As a result, we work hard to communicate any changes or updates in the timeline as we receive notices from both state and federal government entities.
Here are the steps and the timeline:
- Incorporation: 2-6 business days
- Documentation Preparation: 2-4 business days
- EIN: 1-2 business days with SSN/ITIN or 20-30 business days without SSN/ITIN
- Bank Account: 1-5 business days AFTER the application has been submitted to the bank account partner.
You can review more of this information in the Firstbase.io Road to Launch Guide here.