US-Owned Foreign Corporation

Filing US Taxes As American Entrepreneur Abroad

US Entrepreneurs Abroad

As an entrepreneur and overseas business owner, you have plenty of challenges. But worrying about tax implications and tax preparation shouldn’t be one of them.

You can leave that to us. We are leading experts in taxes for US-owned foreign corporations and can help you set up a business legal structure and file business tax returns. We work with American entrepreneurs with business interests abroad on a daily basis.

We not only prepare Forms 5471s and 8865 for your foreign companies and partnerships to avoid the hefty $10k fines but also help in your tax planning and optimization surrounding these structures.

Through our sister company Global Expats Advisors (GEA), we advise on and help setting up offshore companies and bank accounts to achieve business and individual goals. GEA also provides other services such as setting up trusts, Puerto Rico Act 60 residency, self-directed IRAs and much more boutique tax planning services.

I have an international company and I live abroad in China. I have three companies, one in Hong Kong, the US, and China. Online Taxman helps me navigate the complexity of my taxes every year and provides good advice to minimize my tax burden legally. We would highly recommend their services.

Brian Miller, China

Typical Questions We Often Answer

  • How do I report my foreign corporation to the IRS?
  • How should I best structure my business?
  • Do I need to withhold social security taxes for my employees?
  • How do I report my shares in a foreign company?
  • Do I need to report that I’m a member in a foreign partnership?
  • I have signing authority over a foreign bank account. Do I have to report the account?
  • What is the best strategy for asset protection and estate planning?
  • How can I structure a pension plan with my foreign corp?
US owned foreign corporation

We Offer More Than Tax Preparation

From structuring a foreign business to maximizing tax benefits to calculating payroll taxes. From social security withholdings to preparing informational IRS reports. We deliver our entrepreneur clients a full-service offering.

More than just tax preparation, we help with tax planning throughout the year, one price, no hidden charges or fees for ongoing questions and consultations.

Our sister company Global Expat Advisors provides foreign structuring and related offshore services, fully integrated with the Online Taxman tax advice and filings. You get the structuring and the tax expertise with a single point of contact. Learn more about the Global Expat Advisors Services.

Next Step - Schedule A Consultation With Us

During the consultation we assess your tax situation and will provide you with a quote. Our transparent, fixed fee pricing means you won’t have any surprises.

Our experienced accountants prepare your corporate tax return and ensure that you and your foreign business is in compliance with US tax laws.

US business owners abroad are not limited to structuring their business in the United States. Often, a US-Owned Foreign Corporation can be more advantageous.