🌍 U.S. Owners of Foreign Businesses: Stay Compliant & Tax-Efficient

If you’re a U.S. citizen, Green Card holder, or U.S. tax resident with an ownership stake in a foreign business, you must comply with strict IRS reporting rules to avoid penalties. Whether your company is an offshore corporation, foreign partnership, or a controlled foreign corporation (CFC), you are subject to additional tax regulations such as GILTI, Subpart F, and foreign reporting requirements.

Our Global Company Compliance Package ensures that you stay compliant all whilst minimizing tax liabilities and allowing you to reap the benefits of an offshore company.

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Work with our team, to ensure your Foreign Business is in good standing.
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Who Benefits from this Compliance Package?

🌎 U.S. Business Owners with Foreign Entities

U.S. citizens or residents who own or control a foreign business (C-Corp equivalent, LTD, GmbH, etc.).

💼 Freelancers & Contractors Using Offshore Companies

U.S. professionals who use foreign entities to invoice clients and want to ensure compliance.

🏦 Investors in Foreign Partnerships or Joint Ventures

U.S. persons with ownership stakes in foreign businesses that require Form 8865 (partnerships).

📉 U.S. Owners of Foreign Passive Investment Companies

U.S. taxpayers subject to PFIC rules (Passive Foreign Investment Company tax reporting).

Why Choose Ongoing Compliance?

Many U.S. resident owners of foreign business, don't realize they have domestic reporting obligations for their offshore company—so ongoing compliance is essential to avoid penalties and optimize tax savings. Here’s why:

✅ Avoid Massive IRS Penalties – Failure to file Form 5471 can result in fines of $10,000 per missing form, per year.

✅ Minimize GILTI & Subpart F Taxes – Structuring your earnings properly can reduce unexpected Global Intangible Low-Taxed Income (GILTI) tax.

✅ Ensure Foreign Tax Credit Optimization – Avoid double taxation by maximizing foreign tax credits and treaty benefits.

✅ Protect Offshore Accounts from FATCA Violations – Ensure correct FBAR & FATCA compliance for business bank accounts.

Client Scenarios: How This Package Helps

📍 Scenario 1: U.S. Freelancer Running a Foreign LLC

🔹 A U.S. digital nomad operates an Estonian OÜ (LLC equivalent) to invoice clients. The IRS requires Form 5471 filing and GILTI tax calculations.

✅ Solution: We handle the foreign company reporting, tax optimization, and ensure foreign tax credits are applied.

📍 Scenario 2: Startup Founder Expanding Abroad

🔹 A U.S. entrepreneur owns 75% of a Hong Kong LTD for software sales. The company meets CFC rules and must report Subpart F income.

✅ Solution: We structure the reporting to minimize U.S. tax impact using deductions and exemptions.

📍 Scenario 3: Real Estate Investor Holding Property in a Foreign Corporation

🔹 A U.S. citizen owns a Panamanian company that holds real estate. FIRPTA doesn’t apply, but Form 5471 & foreign tax calculations are required.

✅ Solution: We prepare filings, ensure tax treaty compliance, and prevent IRS penalties.

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Who This Compliance Package is NOT for:

🏢 U.S. Business Owners with Only Domestic Companies

If your business is 100% U.S.-based, refer to our Resident Owned or Local Company package.

🇺🇸 Foreign Nationals Owning U.S. Businesses

If you are a non-resident foreigner with a U.S. company, refer to our Non-Resident package.

❌ Passive Investors Without Control Over the Business

If you do not control or have a reportable ownership percentage in a foreign business, this may not apply.

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Discover the Right Foreign-Business Compliance Package for You 💡

Our Foreign Business Compliance Package covers:

✅ Form 5471 (Foreign Corporation Reporting)

Required for U.S. persons with 10%+ ownership in a foreign corporation. Prevents CFC & Subpart F tax issues.

✅ Form 8865 (Foreign Partnerships)

Used for U.S. taxpayers owning foreign partnerships. Prevents IRS penalties for non-reporting.

✅ Form 926 (Foreign Investment Transfers)

Required when transferring money/assets from the U.S. to a foreign corporation.

✅ Form 8621 (PFIC - Passive Foreign Investment Company Taxation)

Needed if your foreign company generates passive income (stocks, investments, etc.). Prevents IRS penalties for PFIC misclassification.

✅ GILTI & Subpart F Tax Planning

Ensures you minimize Global Intangible Low-Taxed Income (GILTI) and Subpart F tax liabilities.

✅ Foreign Tax Credit & Treaty Optimization

Helps avoid double taxation by claiming foreign tax credits and structuring earnings efficiently.

✅ FATCA & FBAR Compliance for Foreign Business Accounts

Ensures all foreign company bank accounts are properly reported to avoid IRS penalties.

OUR SIMPLE 4-STEP COMPLIANCE PROCESS:

1️⃣ Review Foreign Business Structure

We assess your entity type and ownership level to determine IRS compliance needs.

2️⃣ Data Collection & Doc Preparation

We gather business financials, ownership records, and required IRS filings.

3️⃣ IRS Compliance & Treasury Filings

We file Forms 5471, 8865, 926, 8621, and FATCA/FBAR as required.

4️⃣ Ongoing Support & Tax Optimization

We provide annual compliance services and strategies to reduce tax liabilities.

Pricing & Subscription Options

JAN - MAR

Q1 Package
  • $399 Client Onboarding
  • $89 Monthly Compliance
  • $999 Annual IRS Filings
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APR - JUN

Q2 Package
  • $599 Client Onboarding
  • $89 Month Compliance
  • $999 Annual IRS Filings
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JUL - SEP

Q3 Package
  • $799 Client Onboarding
  • $89 Monthly Compliance
  • $999 Annual IRS Filings
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Common Questions

❓ Do I need to file Form 5471 if I own a foreign company?

✅ Yes, if you own 10% or more of a foreign corporation, you are required to file Form 5471 every year. Failing to file can result in $10,000+ penalties per missing form.

❓ What is GILTI tax, and how does it impact my foreign business?

✅ GILTI (Global Intangible Low-Taxed Income) is a tax on certain foreign earnings of U.S. persons with controlled foreign corporations (CFCs). Proper planning can help reduce or eliminate GILTI tax liabilities.

❓ What happens if I don’t report my foreign business?

✅ The IRS can impose heavy fines ($10,000+ per missing form), deny deductions, and trigger audits. Non-compliance with FATCA and FBAR rules can also result in account freezes.

❓ Can I reduce my U.S. tax burden if I own a foreign company?

✅ Yes! Using tax treaties, structuring income correctly, and leveraging foreign tax credits, we can help minimize double taxation and optimize your tax situation.