diff --git a/src/languages/en.js b/src/languages/en.js
index fb85686d62b5..f7e67742ca69 100755
--- a/src/languages/en.js
+++ b/src/languages/en.js
@@ -532,6 +532,7 @@ export default {
         legalBusinessName: 'Legal business name',
         companyWebsite: 'Company website',
         taxIDNumber: 'Tax ID number',
+        taxIDNumberPlaceholder: '9 digits, no hyphens',
         companyType: 'Company type',
         incorporationDate: 'Incorporation date',
         industryClassificationCode: 'Industry classification code',
diff --git a/src/languages/es.js b/src/languages/es.js
index 99b3b7ceb785..d72e89eaa802 100644
--- a/src/languages/es.js
+++ b/src/languages/es.js
@@ -534,6 +534,7 @@ export default {
         legalBusinessName: 'Nombre comercial legal',
         companyWebsite: 'Página web de la empresa',
         taxIDNumber: 'Número de identificación fiscal',
+        taxIDNumberPlaceholder: '9 dígitos, sin guiones',
         companyType: 'Tipo de empresa',
         incorporationDate: 'Fecha de incorporación',
         industryClassificationCode: 'Código de clasificación industrial',
diff --git a/src/pages/ReimbursementAccount/CompanyStep.js b/src/pages/ReimbursementAccount/CompanyStep.js
index 0bc66f9ef3a4..6dd863e9ac57 100644
--- a/src/pages/ReimbursementAccount/CompanyStep.js
+++ b/src/pages/ReimbursementAccount/CompanyStep.js
@@ -241,6 +241,7 @@ class CompanyStep extends React.Component {
                         onChangeText={value => this.clearErrorAndSetValue('companyTaxID', value)}
                         value={this.state.companyTaxID}
                         disabled={shouldDisableCompanyTaxID}
+                        placeholder={this.props.translate('companyStep.taxIDNumberPlaceholder')}
                         errorText={this.getErrorText('companyTaxID')}
                     />
                     <View style={styles.mt4}>