Eligibility Guide
Is 5472Direct right for your LLC?
We handle straightforward, informational Form 5472 filings. If your situation involves U.S. taxes, physical presence, or complex ownership, you need a licensed CPA. Here is how to tell the difference.
When 5472Direct Works
Your filing is considered "simple" and strictly informational. You can use our software to generate your Form 5472 and Pro Forma 1120 safely.
- Single-Member LLCYou are the sole foreign owner (no US citizenship or residency).
- Disregarded Entity StatusYou have not filed Form 8832 or 2553 to be taxed as a Corporation.
- No US Trade or Business (USTOB)No US employees, offices, warehouses, or dependent contractors.
- Standard TransactionsBasic capital contributions, owner draws, and standard software/service expenses.
When You Need a CPA
Your situation triggers potential U.S. tax liability or complex disclosures. You must hire a qualified tax professional to avoid penalties.
- US-Source Income or ECIYour business generates income from physical US operations (e.g., US employees or a warehouse), not just remote SaaS or e-commerce sales to US customers.
- Multiple Related PartiesTransactions with foreign relatives or other foreign companies you own.
- Formal Intercompany LoansLoans that require transfer pricing analysis and safe-haven interest rates.
- Non-Cash Transfers & CryptoTransferring IP, real estate, vehicles, or transacting in digital assets.
Not sure where you stand?
We built an Intelligent Screener that asks exactly these questions. It takes 2 minutes, and if your filing is too complex, we will stop you before you pay so you can find a CPA.