Foreign-Owned U.S. LLC
IRS & State Tax Compliance
Expert Tax & Compliance Services for Foreign-Owned U.S. LLCs
A U.S. Limited Liability Company (LLC) is a popular choice for non-U.S. residents, foreign entrepreneurs, and international businesses looking to establish a presence in the U.S. With no citizenship or residency requirements, forming an LLC in Delaware, Wyoming, Texas, or Florida provides limited liability protection, tax flexibility, and access to the U.S. market. However, foreign-owned U.S. LLCs have strict IRS reporting requirements, and failure to comply can result in heavy penalties.
At Kewal Krishan & Co., we specialize in tax filings, compliance, and advisory services for foreign-owned U.S. LLCs. Whether you’re an eCommerce seller, real estate investor, consultant, or startup founder, we ensure that your LLC meets all IRS and state tax obligations while optimizing your tax savings.
Our Services for
Foreign-Owned U.S. LLCs
IRS Tax Filings for Foreign-Owned LLCs (Forms 1120, 5472, & 1040NR)
- Filing IRS Form 5472 and Form 1120 for 100% foreign-owned U.S. LLCs.
- Preparing Form 1040NR for foreign individuals with U.S. business income.
EIN & ITIN Application for Foreign LLC Owners
Obtaining an Employer Identification Number (EIN) for tax and banking purposes.
Applying for an Individual Taxpayer Identification Number (ITIN) for tax compliance.
U.S. Bank Account & Payment Processing Setup
Guidance on opening a U.S. business bank account for non-resident LLC owners.
Setting up Stripe, PayPal, and merchant accounts for international businesses.
Out-of-State & Remote Seller Tax Compliance
- Nexus determination and tax compliance for businesses selling in Texas from other states.
- Handling multi-state tax filings for companies expanding into Texas.
Annual Franchise Tax & State Compliance Filings
- Filing franchise tax reports in Delaware, Texas, Wyoming, Florida, and other states.
- Ensuring compliance with annual report filings to maintain LLC good standing.
Tax Planning & Entity Structuring for Foreign Owners
- Choosing the best tax structure (Single-Member LLC vs. Multi-Member LLC).
- Advising on tax-efficient strategies to minimize U.S. tax liabilities.
Income Tax Withholding & Treaty Benefits
- Applying U.S. tax treaties to reduce withholding tax rates for non-residents.
- Filing Form W-8BEN and W-8BEN-E to claim tax treaty exemptions.
IRS Audit Support & Penalty Resolution
- Defending foreign-owned LLCs in IRS audits and compliance checks.
- Filing reasonable cause statements to remove IRS penalties.
Business Closure & LLC Dissolution Filings
- Filing final tax returns and dissolving foreign-owned LLCs properly.
- Avoiding unnecessary state tax fees by closing inactive LLCs.
Industry-Specific
Solutions for Foreign-Owned U.S. LLCs
E-Commerce & Amazon FBA Sellers
- Sales tax compliance for Amazon, Shopify, Etsy, and eCommerce platforms.
- U.S. bank account and Stripe/PayPal setup for cross-border transactions.
Technology & SaaS Companies
- LLC formation and tax structuring for foreign-owned tech startups.
- R&D tax credits and intellectual property tax planning.
Real Estate Investors & Property Owners
- Filing rental income tax returns for foreign-owned U.S. properties.
- Capital gains tax strategies for real estate investors.
Consultants & Freelancers
- LLC registration for global consultants, digital nomads, and service providers.
- 1099 and W-8BEN tax compliance for foreign contractors.
Import & Export Businesses
- Customs duty tax compliance and international trade tax planning.
- Foreign Tax Credit (FTC) for businesses with cross-border transactions.
Stock Traders & Crypto Investors
- Tax compliance for foreign individuals trading U.S. stocks and crypto assets.
- Capital gains tax filing for non-resident investors.
Manufacturing & Wholesale Businesses
- Sales tax reporting for foreign-owned U.S. wholesale businesses.
- Tax strategies for importing and exporting goods from the U.S..
Hospitality & Franchise Owners
- Tax compliance for foreign-owned hotel and restaurant businesses.
- Payroll tax filings and employee withholding compliance.
Nonprofits & Charitable Organizations
- Registering 501(c)(3) nonprofits with foreign ownership structures.
- IRS Form 990 tax filing and annual compliance for charities.
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