Globalization Guide

Tax Planning

Tax Planning for International Entrepreneurs

Understand how taxes work when you live and do business across borders.

Tax Compliance for US LLCs

If you own a US LLC as a non-resident, you have specific tax obligations—even if you don't owe any US income tax.

Form 5472

Foreign-owned single-member LLCs must file Form 5472 with a Pro Forma 1120 annually with the IRS. This informational return reports transactions between the LLC and its foreign owner.

Deadline: April 15 (with automatic extensions available)
Penalty for not filing: $25,000 per form

We offer Form 5472 filing services →

State Taxes

State tax obligations depend on where your LLC is formed and where it does business. Most single-member LLCs in Wyoming, Delaware, and New Mexico have minimal state tax obligations.

Disclaimer

This information is for educational purposes only and does not constitute tax advice. Consult a qualified tax professional for advice specific to your situation.