US Tax Compliance · Form 1120 & 5472
Your US filings,
handled from India.
Every foreign-owned US company must file Form 1120 and Form 5472 each year — even a single-member LLC with zero revenue — plus Delaware franchise tax and an annual report. We prepare and file all of it from India, on time, and align the India side under the DTAA so you're never taxed twice or hit with the $25,000 Form 5472 penalty.
If you own a US company from India, the US filings don't stop because the company is small or dormant. We handle Form 1120, Form 5472, Delaware franchise tax, and state filings end to end — built on reconciled books and coordinated with your India position.
- Form 1120 + 5472
- Filed correctly, on time
- Even at $0 revenue
- Dormant companies still file
- $25,000
- The penalty for a missed 5472
The filings founders miss
A US company means US filings — even with no revenue.
- Form 5472
Did you know a missed Form 5472 is a $25,000 penalty?
Every foreign-owned US company must file Form 5472 to report transactions with its owner — including a single-member LLC that pays no US tax. The penalty for missing it starts at $25,000.
- Form 1120
Who files your US corporate tax return?
A US C-Corp files Form 1120 every year, and a foreign-owned single-member LLC files a pro-forma 1120 with 5472 attached — due even when the company is dormant.
- Delaware
Franchise tax and the annual report — handled?
Delaware C-Corps owe franchise tax and an annual report by March 1; LLCs owe a flat tax by June 1. Miss them and your company loses good standing.
- India side
Is the India side — DTAA and foreign tax credit — aligned?
If you're taxed in both countries, the India-US treaty (DTAA) and foreign tax credit decide what you actually pay. Filed in isolation, you risk double tax.
A foreign-owned US company has filings due every year — federal, state, and Delaware — whether or not it made a dollar. The most expensive ones, like Form 5472, are also the easiest to miss, and the India side has to be aligned so you're not taxed twice.
What's included
Every US filing your company owes, in one place.
Federal, state, and Delaware filings — plus the India-side coordination — handled by one team, on one calendar.
Form 1120 — corporate return
We prepare and file your US corporate income tax return (Form 1120 for C-Corps, or a pro-forma 1120 for foreign-owned single-member LLCs) from your books each year.
- Annual federal return prepared & filed
- Pro-forma 1120 for foreign-owned LLCs
- Extensions filed when needed
Form 5472 — foreign owner
The information return every foreign-owned US company must file to report reportable transactions with its 25%+ foreign owner — the filing that carries the $25,000 penalty if missed.
- Reportable transactions documented
- Filed with your 1120
- Penalty exposure removed
Franchise tax & annual report
Your Delaware franchise tax and annual report (C-Corp) or flat LLC tax, plus any state-level filings — calculated, filed, and paid before the deadline so you keep good standing.
- Delaware franchise tax calculated & filed
- Annual report submitted
- Good standing maintained
Books reconciled to the return
We close and reconcile your US books so the numbers on your 1120 hold up — no scramble at deadline, no surprises if the IRS asks questions.
- Year-end close & reconciliation
- Books mapped to the tax return
- Audit-ready documentation
Deadlines, tracked for you
Federal, state, and Delaware deadlines are tracked on a single calendar with reminders, so nothing slips while you're focused on building.
- All deadlines on one calendar
- Reminders before each due date
- Estimated payments planned
DTAA & foreign tax credit
We coordinate the US filing with your India position — applying the India-US treaty (DTAA) and foreign tax credit so the same income isn't taxed twice.
- DTAA treaty position applied
- Foreign tax credit coordinated
- One view across both countries
How we work
Compliance that runs on a calendar.
We review your entity, ownership, and activity to list exactly what's due — 1120, 5472, franchise tax, state filings — and when.
We close and reconcile your US books so the return is built on clean numbers, not a year-end guess.
We prepare and file your federal, state, and Delaware returns — and align the India side under the DTAA — before each deadline.
Each year runs the same way, with deadlines tracked and estimates planned, so compliance is never a fire drill.
FAQ
US tax compliance from India, answered.
Form 5472 is an IRS information return that a US company with a 25%-or-more foreign owner must file to report 'reportable transactions' with that owner — capital contributions, loans, payments, and similar. Critically, it applies even to a foreign-owned single-member LLC that pays no US income tax, and even when the company is dormant. For Indian founders who own a US entity, Form 5472 is almost always required.
Let's get your US filings off your plate.
Tell us about your US entity and where you are with filings. We'll map exactly what's due — 1120, 5472, franchise tax, and the India side — and get you on a clean calendar.
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