Foreign-Owned U.S. Business Tax Services


U.S. tax, accounting, and compliance support for foreign-owned companies operating in the United States.


Operating a business in the United States can create tax and reporting requirements that are unfamiliar to foreign owners and overseas finance teams. Schmid CPA helps foreign-owned U.S. businesses navigate federal and state tax compliance while connecting those requirements to the company’s underlying accounting and U.S. operations.

U.S. Federal & State Tax Returns

  • Preparation and filing of applicable federal and state business tax returns based on the company’s U.S. entity structure and activities.

Form 5472 Reporting

  • Identification and reporting of applicable transactions between U.S. businesses and foreign owners or related parties.

Foreign-Owned LLC Compliance

  • Tax and information-reporting support for foreign-owned U.S. LLCs, including entities with special filing requirements even when little or no U.S. income tax is due.

Related-Party & Intercompany Transactions

  • Accounting and tax support for intercompany charges, funding, management fees, reimbursements, and other transactions with foreign parents and related entities.

U.S. Accounting & Financial Reporting

  • Support with U.S. bookkeeping, reconciliations, financial reporting, and maintaining accounting records that support tax and compliance filings.

Ongoing CPA Support

  • A U.S. point of contact for tax, accounting, and compliance questions throughout the year.

For a foreign-owned business, U.S. compliance often starts with understanding what is happening in the accounting records.


Because Schmid CPA provides both tax and accounting services, we can connect the company’s transactions, intercompany activity, financial records, and tax reporting rather than treating each requirement separately.



For companies that need additional support, our services can extend from annual tax compliance to ongoing U.S. accounting and financial reporting.

Foreign-owned U.S. businesses often need coordination between several parties—the U.S. operation, foreign ownership, overseas accounting teams, payroll providers, and other advisors.


Schmid CPA can assist with:


★ U.S. corporate and business tax filings
★ Foreign-owned LLC reporting requirements
★ Form 5472 and related-party reporting
★ Intercompany transactions and balances
★ Foreign parent funding and capital activity
★ U.S. bookkeeping and financial reporting
★ Federal and state compliance
★ Coordination with overseas finance and accounting teams



Our goal is to provide foreign owners with a reliable U.S. CPA contact who understands both the U.S. compliance environment and the realities of operating across borders.

Whether you are establishing a U.S. operation, managing an existing subsidiary, or trying to understand an unexpected U.S. filing requirement, Schmid CPA can help determine what needs to be done and provide ongoing support as the business grows.


Need help with a foreign-owned U.S. business?


Schedule a consultation to discuss your ownership structure, U.S. activities, accounting, and reporting requirements.