Foreign-Owned U.S. LLC Compliance

Form 5472 is an information return for reporting corporations with reportable transactions. A foreign-owned U.S. disregarded entity is treated as a corporation for these limited reporting rules, but the filing outcome depends on the ownership, entity classification and transactions in the tax year.

That is why “zero revenue” is not a conclusion by itself. Owner funding, distributions, payments and other related-party activity can matter. We start with a facts-based compliance check before recommending a filing path.

• Entity and ownership review: We confirm the U.S. entity classification, foreign-owner facts and available prior filings.
• Reportable-transaction review: We examine the transaction log for funding, distributions and other relevant related-party activity.
• Federal and state timeline: We identify the federal filing path and separate state annual-report or franchise-tax deadlines where applicable.
• Document trail: We organize the facts and records needed to support the chosen filing position.

Light — $300/year: for LLCs with no operating activity. It includes the eligibility and compliance-risk check, Form 5472 with pro forma Form 1120 for eligible entities, extension coordination and deadline tracking.

Active — $500/year: for up to 100 transactions. It adds a transaction-log review and basic P&L / Balance Sheet preparation. State annual-report filing is scoped separately because rules differ by jurisdiction.

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The IRS states that a foreign-owned U.S. disregarded entity required to file Form 5472 files a pro forma Form 1120 with Form 5472 attached. The filing is an information-reporting obligation; it is not a shortcut for determining income-tax liability or every state obligation.

We use the IRS Form 5472 instructions as the source framework and map it to the company records before preparing any filing.

For an eligible foreign-owned U.S. disregarded entity, Form 7004 can request an extension when filed by the regular due date. The tax year, prior filings and entity facts determine the calendar, so we confirm the specific timing rather than relying on a generic date online.

If a filing was missed, the first step is a review of the filing history and the underlying records. We do not promise an outcome; we identify the possible path and the documents required to support it.

• Formation documents, EIN notice and current ownership details.
• Prior Form 5472, Form 1120 or extension filings, if any.
• Bank, Stripe, Shopify, Amazon, Wise or Payoneer transaction exports for the relevant year.
• A simple explanation of owner funding, reimbursements, distributions and major transfers.
• The LLC state and any notices or state due-date reminders already received.

Bring what you have. The consultation is designed to clarify the next secure step, not to force every document into a first call.