Launched this week
ForeignOwnedLLC
Foreign-owned LLCs Simplified (5472, 1120, SS4 & More)
4 followers
Foreign-owned LLCs Simplified (5472, 1120, SS4 & More)
4 followers
Running a US LLC as a non-US founder sounds easy… until the IRS emails you about Form 5472. Miss that filing and the penalty starts at $25,000. We built ForeignOwnedLLC.com so you don’t have to decode IRS instructions or hire an expensive CPA. Track your LLC activity, generate the 5472 + 1120 pro forma, and stay compliant in minutes. We also allow users to easily track deadlines, generate their SS4 for an EIN or the 7004 to extend their filing deadline.
Hey Product Hunt 👋
I’m Jort, founder of ForeignOwnedLLC.
While helping a friend set up a US LLC, I ran into the same problem again.
I knew about the Form 5472 requirement, so I could warn him. But there wasn’t any simple tool to handle it. Just expensive CPAs or confusing IRS instructions.
So I built ForeignOwnedLLC.
It lets non-US founders track LLC transactions during the year and generate the 5472 + 1120 pro forma when filing time comes.
Would love your feedback.