I will file form 5472 and pro forma 1120 for your foreign owned llc
About this Gig
Your foreign-owned LLC owes Form 5472 every year, even if it earned $0. The penalty starts at $25,000.
Most non-resident founders are never told this. They form the LLC, open the bank account, and assume that no revenue means no filing. The IRS does not send a warning first. The first letter is the penalty notice.
What I deliver:
Form 5472 filed together with the required pro forma Form 1120
A written scope of what I verified before submission: reportable transactions, ownership details, and filing eligibility
A clear record of the filing so you are not relying on memory next April
Why choose me over a $15 form-filler:
The cheap gigs submit a PDF. They don't verify whether your transactions are reportable, and they don't tell you what they checked. I do both. You are not buying data entry; you are buying a documented compliance position.
Send me a message with your LLC formation state and ownership structure. I will confirm your Form 5472 obligation before you order.
Compliance type:
Corporate tax, Sales tax
•
International Tax
Entity type:
LLC
Target country:
US - Federal
Industry:
Business services & consulting
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E-Commerce
•
Software
Gigs are not screened
Please note that there is no screening process for this service. We recommend that you message the freelancer and check all necessary details before placing your order. Read more about Financial services at Fiverr.
FAQ
1. Do I need to file Form 5472 if my foreign-owned LLC had no income?
Yes. A foreign-owned single-member LLC must file Form 5472 with a pro forma Form 1120 for the tax year, even if it had no revenue, bank activity, or U.S. trade or business. The obligation is triggered by ownership, not by p
2. What is the penalty for not filing Form 5472?
The IRS penalty starts at $25,000 per form, per year, with additional penalties for continued non-compliance after notification. That is why we treat filing as a risk-removal service, not a routine task.
3. Can you file Form 5472 if my LLC was formed in Wyoming or New Mexico?
Yes. The Form 5472 obligation is federal and applies regardless of which state the LLC was formed in. The state of formation affects annual report fees and franchise tax, not the federal information return.
4. Do you also handle the pro-forma Form 1120?
Yes. Form 5472 is filed together with a pro-forma Form 1120 as the required cover. Both are included in every package.
5. What do you need from me to begin the filing?
Your LLC formation documents, your EIN confirmation, and a summary of any transactions between you and the LLC during the tax year — including capital contributions, withdrawals, loans, or payments. I will send a checklist after you message me.

