US CPA + Indian CA - Dual Qualified - Clients in 11 Countries

International Tax and Compliance for Foreign Founders

Form 5471, FBAR, FATCA, and cross-border structures handled by a dual-qualified US CPA and Indian CA serving clients across 11 countries.

Who This Is For

If any of these describe your situation, you are in the right place.

TYPE 01

Foreign Founders with US Entities

Non-US founders who have formed a Delaware LLC or C-Corp and need to stay compliant with IRS filing requirements.

TYPE 02

US Persons with Foreign Corporations

US citizens, green card holders, and residents who own or control a foreign corporation and are required to file Form 5471.

TYPE 03

NRIs and Expats

Non-resident Indians and expats with cross-border income, foreign bank accounts, or US entities requiring FBAR and FATCA reporting.

The Penalty Stakes

These penalties are avoidable - but only if you act before the deadline.

FORM 5472

$25,000

per form per year - with no cap if multiple years are missed

FORM 5471

$10,000+

base penalty plus $10,000 per month after IRS notice

AUDIT RISK

No Limit

on statute of limitations - your entire return stays open to audit indefinitely

Most foreign founders do not find out about these penalties until after the fact.

Our International Tax Services

All services are custom priced. Book a free clarity call to get an exact quote for your situation.

Form 5472 and Pro Forma 1120

Foreign-Owned US Entities

Custom Pricing - Book a Call

Foreign-owned US LLCs and corporations with reportable transactions are required to file Form 5472 with a pro forma 1120. We handle the full filing so you stay compliant.

Missing Form 5472 carries a $25,000 penalty per form per year - with no cap if multiple years are missed.

What is Included

Form 5472 preparation and filing
Pro forma 1120 preparation
Reportable transaction analysis
Multi-year catch-up filings
Penalty abatement for prior missed filings

Form 5471

US Persons with Foreign Corporations

Custom Pricing - Book a Call

US citizens, green card holders, and residents who own or control a foreign corporation must file Form 5471. This is one of the most penalized forms in the US tax code.

Missing Form 5471 carries a $10,000 base penalty plus $10,000 per month after IRS notice - and leaves your entire return permanently open to audit with no statute of limitations.

What is Included

Form 5471 preparation (all categories)
Schedules E, J, and P where required
Controlled foreign corporation analysis
Subpart F income determination
Multi-year catch-up filings

FBAR and FATCA Reporting

Foreign Financial Accounts and Assets

Custom Pricing - Book a Call

US persons with foreign financial accounts exceeding $10,000 must file FinCEN 114 (FBAR). Those with higher foreign asset thresholds must also file Form 8938 (FATCA).

Willful failure to file FBAR carries penalties up to $100,000 or 50% of account balance per violation.

What is Included

FinCEN 114 (FBAR) preparation and filing
Form 8938 (FATCA) preparation
Foreign account threshold analysis
Multi-year catch-up filings
Penalty abatement assistance

Foreign Founder Setup Package

Formation + EIN + First-Year Compliance

Custom Pricing - Book a Call

Everything a non-US founder needs to set up and stay compliant with a US entity from day one. Formation, EIN, and first-year filing handled end to end.

What is Included

US entity formation (LLC or C-Corp)
EIN application for foreign nationals without SSN
First-year Form 5472 compliance
Pro forma 1120 preparation
Operating agreement or bylaws
Registered agent coordination

Cross-Border Tax Planning

Structures, Treaties, and Strategy

Custom Pricing - Book a Call

Strategic planning for businesses and individuals operating across borders. We analyze your structure, identify treaty benefits, and ensure you are not paying tax twice on the same income.

What is Included

Cross-border structure analysis
US-India tax treaty positions
US-Singapore tax treaty positions
Withholding tax optimization
Transfer pricing guidance
Repatriation planning

Tax Treaty Analysis

US-India and US-Singapore Treaties

Custom Pricing - Book a Call

We work with the US-India and US-Singapore tax treaties to help you determine treaty benefits, apply reduced withholding rates, and avoid double taxation on cross-border income.

What is Included

Treaty benefit determination
Reduced withholding rate applications
Form W-8BEN and W-8BEN-E preparation
Double taxation avoidance analysis
Treaty position disclosure (Form 8833)

Form 1040-NR

Non-Resident Alien Tax Returns

Custom Pricing - Book a Call

Non-resident aliens with US-source income or effectively connected income are required to file Form 1040-NR. We handle the full return including treaty positions and withholding credits.

What is Included

Form 1040-NR preparation and filing
Effectively connected income analysis
US-source income determination
Treaty position claims
ITIN application assistance

Why Act Before the Deadline

Deadlines are fixed. Penalties are not waived for extensions.

STEP 01
Tax Year Ends

Tax year ends December 31 - your filing obligations are locked in

STEP 02
Return Due Date

Form 5472 is due with your entity return - typically April 15 or June 15

STEP 03
$25,000 Penalty

Missing it triggers a $25,000 penalty per form - no exceptions, no cap

STEP 04
Extensions Do Not Help

Filing an extension does not waive the penalty for a missing Form 5472

The sooner you address a missed or upcoming filing, the better your options. Reach out today.

Why TaxClaim

Most general CPAs avoid international forms. We specialize in them. Our dual-qualification, penalty knowledge, and global client base are exactly what a foreign founder needs.

Dual Qualified
Licensed US CPA (Washington State) and Indian Chartered Accountant (ICAI) - expertise on both sides of the border.
Form 5471 and 5472 Specialists
These are forms most general CPAs avoid. We handle them routinely across multiple industries and countries.
Clients in 11 Countries
We have served clients across the US, UK, India, Singapore, UAE, Germany, Netherlands, Canada, China, New Zealand, and South Africa.
Fully Remote, Any Time Zone
No US presence required. We work across US, Asia, and European time zones and respond within 24 hours.
Penalty Abatement Experience
Missed a prior year filing? We handle multi-year catch-ups and penalty abatement requests alongside current-year compliance.
7+
Years of Experience
11
Countries Served
150+
Clients Served
100%
On-Time Filing

Ready to Sort Your US Tax Compliance?

Whether you have a foreign-owned US entity, need to file Form 5471, or are setting up your first US structure, book a free clarity call and we will tell you exactly what is required.

No commitment required - Free initial consultation - Response within 24 hours