
General Tips for Completing Tax Forms
- Accurate Information: Ensure all details match official tax records.
- Timely Submission: Submit forms promptly to avoid payment delays.
- Authorized Signatures: Ensure the form is signed by an authorized individual.
- Delay in Form Submission: Failure to provide the necessary forms can result in higher withholding taxes or delays in payment processing.
Form W-8 BEN: For Non-U.S. Individuals
What is Form W-8?
W-8 forms are Internal Revenue Service (IRS) forms that foreign individuals and businesses must file to verify their country of residence for tax purposes, certifying that they qualify for a lower rate of tax withholding.How to Fill Out Form W-8 BEN (only for non-US Individuals)
Part I Line 1 Enter your name as the beneficial owner. Add your full name on this line. Part I Line 2 Enter your country of citizenship. Part I Line 3 Enter your permanent residence/mailing address. Part I Line 4 Enter your mailing address, if different. Part I Line 6 Enter your foreign tax identifying number (Tax identification number issued by your country of residence). Part I Line 8 Enter your date of birth. Part II Line 9 Enter the foreign country under whose tax laws you claim tax benefits. Part II Line 10 Foreign individuals who are students and researchers should enter specific withholding rates. Part III Here, you’ll need to certify with your signature that everything on the form is true and correct and that you aren’t a U.S. person. Insert the date of form completion and certification in a mm-dd-yyyy format.Sample W-8 BEN Form (To be Added)
Sample Profile Individual: Aditya Singh Type: SaaS / Digital Products Country: India TIN: Pan or equivalent tax ID in your countryPage 1

Form W-8 BEN-E: For Non-U.S. Entities
What is Form W-8 BEN E?
W-8 BEN E forms are Internal Revenue Service (IRS) forms that foreign businesses must file to verify their country of residence for tax purposes, certifying that they qualify for a lower rate of tax withholding.How to Fill Out Form W-8 BEN E (only for non-US entities)
Part I 1. Name of Organization That is the Beneficial Owner This is your entity name. 2. Country of Incorporation or Organization This is the country of residence (where the business is registered). For a corporation, it is the country of incorporation. If you are another type of entity, enter the country under whose laws you are created, organized, or governed. 3. Chapter 3 Status In this section, the most commonly checked box is “Corporation”. The majority of foreign entities that are doing business fall under “Corporation” or “Partnership” status. Other options include:- Foreign government – Controlled Entity
- Foreign government – Integral Part
- Estate
- Simple trust (grantor and complex, too)
- Central Bank of Issue
- Tax-exempt organization
- Private foundation
- International organization
- Disregarded entity
- The entity in Part I is a foreign entity that is not a bank or financial institution.
- Less than 50% of the gross income for the preceding calendar year is passive income.
- Less than 50% of assets held are assets that produce or are held for the production of passive income (calculated as a weighted average of the % of quarterly passive assets).
Sample W-8 BEN-E Form
Sample Profile Company: ABC Technologies LLP/PVT LTD Type: SaaS / Digital Products Country: India TIN: Pan or equivalent tax ID in your country
Private Limited
Page 1


LLP
Page 1


Form W-9: For U.S. Citizens or Entities
What Is Form W-9?
Form W-9 is an IRS tax form used to confirm a person’s name, address, and Taxpayer Identification Number (TIN) for employment or other income-generating purposes. It applies exclusively to U.S. citizens or entities.How to Fill Out Form W-9?
Step 1: W-9, Line 1 Enter your name as shown on your tax return. Step 2: W-9, Line 2 Enter your business name or “disregarded entity” name, if different from the name you entered for step 1. For example, you might be a sole proprietor, but for marketing purposes, you don’t use your personal name as your business name; instead, you are “doing business as” some other name. You would enter that name here. Step 3: W-9, Line 3 Select which type of business entity you are for federal tax classification: sole proprietorship, partnership, C corporation, S corporation, trust/estate, limited liability company, or “other.” Check the appropriate box, and only one classification should be selected. If you’re not sure what type of business entity you should select, the IRS has provided a summary table for guidance as part of the Form W-9’s instructions. Step 4: W-9, Line 4 With exemptions, chances are you’re going to leave these boxes blank. Here are a couple of exceptions:- Payees that are exempt from backup withholding, such as corporations (in most cases), might need to enter a code in the “Exempt payee code” box. The Form W-9 instructions list the exempt payees and their codes and the types of payments for which these codes should be used. Corporations filling out a W-9 for receipt of interest or dividend payments, for example, would enter code “5.”
- Payees that are exempt from reporting under the FATCA might need to enter a code in the “Exemption from FATCA reporting code” box. Neither of these boxes will apply to the typical independent contractor or freelancer.
Sample W9 Form
Sample Profile Company: ABC Technologies INC Type: SaaS / Digital Products Country: US TIN: SSN or EIN
