Foreign-owned US companies often miss required filings, misreport transactions, or don’t realize when certain activities trigger additional IRS forms or even a personal return. This consultation helps clarify what applies to your business, what doesn’t, and what needs to be filed next.
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Your US company taxes, handled by tax professionals
For me personally, it's a relief to know I can rely on their expertise.
— Konstantine K
Built for foreign owners
We handle all required US tax filings and compliance for you
US tax-optimized setup
15 years experience in tax compliance & business formation
Full US compliance
US tax laws and regulations
Transparent pricing
No hidden fees or upsells
Support in your language
English, Spanish, Serbian, and more
Why most tax solutions don't work for foreign-owned companies
Sharif Komi, owner, brand design studio for SaaS companies
No two foreign-owned companies have the same tax situation. Your obligations depend on revenue flow, customer location, transactions between you and the company, and how your business is structured.
Generic checklists and vague online advice won’t tell you which forms apply to your specific setup. That costs you hours and still leaves you unsure if you filed correctly.
US tax filing rules apply even at $0 income
If you own a foreign-owned US company (LLC), you likely need to file Form 5472 and Form 1120 with the IRS every year, even if your company had zero revenue. A late or incomplete Form 5472 carries a $25,000 penalty per form.
We prepare and file every required form, track your deadlines, and make sure your filings match how your business actually operates. No guessing which forms apply. No missed filings.
Founded by:
15 years experience:
Incorporations
Banking
Tax strategy
Business structuring
Common questions about company tax services
What ongoing tax & compliance services does Entity Inc. provide?
Tax accountant consultations
US Business Tax forms (5472, 1065, 1120, 1120S, etc.)
BOI and FBAR filings
Registered agent signup
Compliance reminders
Year-round email support on related tax and compliance issues
Annual report filing
Plus, we also offer ITIN application and individual tax filing services through our parent company, Online Taxman.
Do I need to pay taxes in the US as a foreigner?
It depends on your specific situation. Your tax obligations are determined by the nature of your business activities and how they are connected to the US.
Generally, if your US company does not have US-connected income, you won’t owe US taxes. However, certain factors, such as having a physical office, warehouse, or shipping products into the US (not just within the US), can create tax obligations. Simply selling to US customers does not automatically result in tax liability, as long as you do not live, employ staff, or conduct business activities within the US.
If you are providing solely digital products or services to US customers, with all work done fully remotely outside the US, you most likely won’t owe any US taxes.
With over 15 years of experience through our parent company, Online Taxman, and as a licensed CPA firm with Big 4 expertise, we provide personalized guidance tailored to each client.
For those just starting out, we help you choose the right structure for your specific needs. After consulting with us, many clients opt for simpler, more tax-efficient setups that align with their goals.
For those with established US companies, we review your past filings — up to three years back — to ensure everything is accurate and compliant.
Personalized consultations: You’ll work directly with our experienced experts whose knowledge goes far beyond filing Form 5472, offering real, actionable advice tailored to your needs.
With Entity Inc., you’ll have a trusted partner who ensures your US tax and business needs are handled with care and expertise.
How does the tax consultation work?
Here’s how our tax consultation works:
Book a consultation: If you’ve purchased a service package, your consultation is included and helps us understand your situation and outline the next steps. If you’re still deciding, you can book a paid consultation for $19 (discounted from $39 till March 1st).
During the consultation: Whether part of the service package or purchased separately, each consultation offers the same personalized guidance. Our tax accountants will discuss your business, address your specific needs, and create a clear plan for the required paperwork and next steps. This is a personalized session with experienced professionals — not a sales or general support call.
After the consultation: You’ll have a clear understanding of the paperwork required for your business and how we’ll handle the filing process for you. If you have not done so already, you can purchase your preferred service package directly on our website.
Why do you charge for the pre-purchase consultation call?
We used to offer free consultations, but many were canceled at the last minute, which took time away from our clients and those serious about working with us. By charging a small fee, we ensure that our time is spent helping people who are genuinely ready to move forward.
However, if you purchase a package, the consultation is already included and free of charge.
What happens after I purchase a Tax & Compliance package?
Once you purchase a Tax & Compliance package, you’ll receive a welcome email with all the details to get started, including a link to book your consultation (included in your package) and a short form to provide us with the necessary information. From there, we’ll guide you every step of the way to ensure everything runs smoothly.
Are my personal data and documents secure?
Yes, your data and documents are completely secure. At Entity Inc., your privacy and security always come first. Our client portal employs 256-bit encryption and advanced safety features to keep your personal information confidential. As a client, you’ll create a free account in our secure portal to upload your documents safely. We avoid sharing sensitive information via email, ensuring your data remains protected at all times.
Which languages do you speak?
Our team can provide services in English and Spanish.
Still have questions? And not sure where to start? You can book a consultation to get expert guidance.
Foreign-owned LLC? Your 5472 is required.
If your US LLC had any transactions with you, your foreign parent company, or related parties, the IRS requires you to file Form 5472. Missing it could cost you $25,000 — automatically, no warning.
Speak with a US tax professional to understand what your company is required to file, which forms apply, and where risks or gaps may exist based on how your business operates.
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Get clarity and a clear path forward
During the call, we review your structure and activity, then outline the exact filings needed, timelines, and the most appropriate package for your situation.
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We handle filings and ongoing compliance
Once you move forward, we prepare and file the required returns and provide year-round support to keep your company compliant, aligned, and up to date.
