Accounting for foreign-owned U.S. LLCs.
You built a business in America. We keep the IRS and your visa file happy. U.S. company registration for non-residents, bookkeeping, Form 5472, FBAR filing, payroll and E-2/EB-5 ready financials, at one flat monthly price.
- You’re on an E-2, L-1, EB-5, O-1 or H-1B and run a business
- You own a U.S. LLC from outside the country
- Your company is opening a U.S. subsidiary
- You’re not sure if you have to file Form 5472 or FBAR
- Your books are behind, and a visa renewal is coming
Form 5472 and FBAR: the rules are different for foreign owners.
Most founders find out the hard way. A missed form or messy books can cost real money, and they can raise questions on your next immigration filing.
Form 5472 penalty
Per form, per year, for foreign-owned U.S. companies that don’t file. Many single-member LLC owners have never heard of it.
FBAR penalties
Non-willful penalties for unreported foreign bank accounts can exceed $10,000 per violation. Accounts back home count.
Your visa case
E-2 renewals, L-1 new-office extensions and EB-5 filings lean on your business financials. Inconsistent books are hard to defend.
U.S. LLCs for non-residents, E-2, L-1 and EB-5 founders.
E-2 investors
Clean books and statements for renewal season.
L-1 executives
U.S. office financials that show real operations.
EB-5 investors
Organized records for your business and job creation.
Non-resident LLC owners
Form 5472, pro forma 1120 and U.S. banking setup.
Foreign subsidiaries
Entity setup, payroll and parent-company reporting.
H-1B & O-1 side founders
Startups done right from the first dollar.
Flat-price plans for non-resident LLC owners.
Start with Launch if you’re setting up, or go straight to a monthly plan if your business is already running.
Launch
Register a company in the USA from India or anywhere abroad.
One-time, plus state filing fees
- LLC or corporation formation, any state
- EIN from the IRS
- ITIN application preparation
- Registered agent for 1 year
- Bank-ready chart of accounts
Operate
For running businesses with a foreign owner.
Flat monthly fee
- Monthly bookkeeping in QuickBooks
- Quarterly financial statements
- Annual Form 5472 + pro forma 1120
- FBAR filing
- A dedicated accountant you can call
Grow
For E-2, L-1 and EB-5 clients and teams with employees.
Flat monthly fee
- Everything in Operate
- Payroll for up to 5 employees
- Business income tax return
- Visa-support financial package
- Coordination with your immigration team
Behind on your books? We’ll quote a fixed price to catch you up first. Learn about cleanup →
Your accounting and immigration teams, under one roof.
BAAS is part of the same family of companies as Bay Area Immigration Services. Your numbers and your case tell the same story.
A typical accountant
- Unfamiliar with Form 5472 and FBAR
- Never speaks to your immigration team
- Bills by the hour
- Learns about your visa deadline too late
BAAS Global Founders
- Cross-border filings are our specialty
- Works alongside your immigration team
- One flat monthly price
- Financials ready before your renewal
From first call to clean books in four steps.
Free call
20 minutes by phone or video. We learn your business, visa and filings.
Fixed quote
Your exact price in writing within 2 business days. No obligation.
Setup & catch-up
We connect your accounts and bring any past records current.
Monthly peace of mind
Books closed every month, filings on time, reports ready when you need them.
Common questions from founders.
No. We work with founders in the U.S. and abroad. Meetings are by video, documents are signed electronically, and we serve companies in all 50 states.
Form 5472 is an IRS information return for U.S. companies that are 25% or more foreign-owned, including single-member LLCs owned by a foreign person. Missing it can trigger a $25,000 penalty per form, per year. We’ll confirm on your free call whether it applies to you.
Yes. We prepare bookkeeping, financial statements and payroll records that your immigration attorney or consultant can use. We coordinate with your immigration team, but we don’t provide immigration legal advice.
Yes. Catch-up and cleanup bookkeeping is one of our specialties. We’ll quote a fixed price to bring your books current before your monthly plan starts.
Yes. You get a flat monthly fee, never hourly billing. We confirm your exact price in writing after the free call, before you commit.
Yes. Our Launch plan forms your U.S. LLC or corporation in any state, gets your EIN, and prepares your ITIN application, all remotely. Founders from India, Bangladesh, the UAE and elsewhere use it.
A foreign-owned single-member LLC files Form 5472 attached to a “pro forma” Form 1120, a simplified corporate return used only to submit the 5472. It’s included in our Operate and Grow plans.
Officers review whether your business is real and operating. Clean bookkeeping, financial statements, payroll records and tax returns help show that. We prepare these and coordinate with your immigration team.
Let’s look at your business together
Tell us where you are, and we’ll tell you exactly which filings you need, what’s at risk, and what it costs to get it right. The first call is free, 20 minutes, with no pressure and no obligation.
Bay Area Accounting Solutions provides bookkeeping, tax and accounting services. We do not provide immigration legal advice; immigration legal advice is provided only by licensed attorneys. Penalty amounts are general IRS figures and may change; your situation will be reviewed individually.