Form 5472 · $25,000 Penalty · Foreign-Owned LLC | IRS Certifying Acceptance Agent
Apply Now — $99IRS Form 5472 must be filed annually for every foreign-owned US LLC. The $25,000 penalty for non-filing is automatic and difficult to waive. The form reports all 'reportable transactions' between you (the foreign owner) and your US LLC — including capital contributions, distributions, loans, and service payments. The foreign owner's ITIN is required.
Yes. Egypt and the United States have an active income tax treaty in force since 1981. Under the treaty, royalties are taxed at 0%, dividends at 5%/15%, and interest at 15% with a valid ITIN and W-8BEN.
ITIN processing takes 8–14 weeks after the IRS receives your Form W-7. ITINPlus submits directly as your Certifying Acceptance Agent (CAA).
$99 flat fee for a new ITIN application. Renewals are $199. You can add EIN formation for $50 extra.
No. As a CAA, ITINPlus certifies your passport copy so you keep your original. Documents are handled via email.
IRS Form W-7 (Application for IRS Individual Taxpayer Identification Number). ITINPlus prepares and files this on your behalf.
Reportable transactions include contributions to the LLC, distributions from the LLC, loans between you and the LLC, and any sale of property or services between you and the LLC.
Form 5472 is attached to the LLC's pro forma Form 1120 and is due by April 15 (or October 15 with extension). ITINPlus can refer you to a US tax professional for the actual filing.
Apply online in minutes. Our CAA team handles everything remotely.
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