Form 5472 Filing for Foreign-Owned US LLCs — Avoid the $25,000 IRS Penalty
If you own a US LLC as a non-US person, Form 5472 is required—even with zero income. We generate your forms automatically. No CPA needed.
Who This Is For
Built specifically for non-US entrepreneurs with US business entities.
Non-US Founders
International entrepreneurs who have formed a single-member LLC in the United States for their business operations.
Foreign-Owned Companies
Foreign corporations or entities that own a US LLC as a subsidiary or operating entity in the American market.
Digital Nomads
Location-independent professionals using a US LLC for contractor work, SaaS products, or online services.
What Compliance Is Required
The IRS requires specific forms from foreign-owned disregarded entities.
Form 5472
Information Return of a 25% Foreign-Owned U.S. Corporation or a Foreign Corporation Engaged in a U.S. Trade or Business.
- Reports transactions with foreign related parties
- Required even with zero business activity
- Due April 15 (or extension deadline)
Pro Forma 1120
A simplified cover sheet for Form 5472. Required because the IRS system needs a Form 1120 to process 5472.
- Only requires basic entity information
- Filed together with Form 5472
- No financial data required
Common Filing Scenarios
Select your situation to understand your specific requirements.
Zero-Activity LLC
Your LLC had no transactions this year. You still need to file Form 5472.
Learn moreCapital Contributions
You invested money into your LLC or took distributions. These must be reported.
Learn moreForeign Parent Company
Your LLC is owned by a foreign corporation. Additional reporting rules apply.
Learn moreHow The Platform Works
Complete your IRS filing in three simple steps.
Answer Questions
Provide basic information about your LLC, ownership structure, and any transactions during the year.
Review Forms
We generate your Form 5472 and Pro Forma 1120. Review everything before submission.
File & Confirm
Submit directly to the IRS and receive confirmation. Keep records for your files.
Penalties We Help You Avoid
The IRS imposes significant penalties for failure to file or filing incorrect information returns.
- !$25,000 per Form 5472
Base penalty for failure to file or substantially incomplete filing
- !Additional $25,000
For continued non-compliance after IRS notification
- !No statute of limitations
Until proper filing, the IRS can assess penalties indefinitely
Stay Compliant. Avoid Penalties.
File your Form 5472 and Pro Forma 1120 in minutes—not days.