Your Partner in International Tax Compliance
File Form 5471 easily for your US owned foreign corporation. Trusted expat tax professionals delivering fast and accurate results.
Comprehensive Form 5471 support across all filing categories for US shareholders of foreign corporations
Personalized guidance from expat tax specialists who understand complex ownership and residency rules
Accurate, compliant reporting ensuring your foreign corporation meets all IRS requirements on time
If you’re a US expat who owns or controls a foreign corporation, you may not realize that you have an annual IRS filing requirement under Form 5471. This form reports details about US owned foreign corporations, including ownership and income, and missing it can lead to costly penalties.
At Universal Tax Professionals, we provide expert US expat tax services designed to handle even the most complex international tax situations. Our licensed expat tax specialists ensure your Form 5471 filings for US owned foreign corporations are accurate, complete, and fully IRS-compliant.
Whether you manage multiple entities or have intricate ownership structures, we provide precise, reliable support to help you stay compliant and confident wherever you live and work.
Form 5471 is a required IRS disclosure form used by US citizens, residents, and certain entities who own or control shares in a US owned foreign corporation. It provides detailed information about the corporation’s structure, earnings, and transactions. The IRS uses this form to ensure compliance with international tax rules and to prevent underreporting of foreign income.
If you’re a US expat with ownership in a foreign corporation, Form 5471 is essential for staying compliant and avoiding costly penalties.
You must file Form 5471 if you are a US person who meets one of the following ownership or control thresholds in a foreign corporation:
US shareholders who own at least 10% of the voting stock or value of a foreign corporation
Officers or directors of a foreign corporation where a US person acquires ownership of at least 10%
US citizens or residents who control more than 50% of the total combined voting power or value
Individuals filing under specific categories (1–5), as defined by the IRS
Each filer falls into one of five IRS Form 5471 categories, which specify the required sections of the form and the details that must be reported to the IRS.
Our Form 5471 filing service is designed to give US expats complete peace of mind when reporting their ownership in foreign corporations. We handle every step of the process with accuracy and attention to detail, ensuring your filing fully complies with IRS requirements.
We prepare all necessary sections and schedules of Form 5471, based on your specific IRS filer category (1–5). Every return is reviewed by an experienced CPA or EA specializing in international taxation.
Our team determines which filer category applies to you and identifies what information must be disclosed to the IRS, reducing the risk of errors or penalties.
We also assist with related filings, such as Form 8938 (FATCA), Form 8858, Form 8865, and FBAR (FinCEN Form 114), ensuring your global income and assets are accurately reported.
You’ll receive one-on-one guidance from an expat tax specialist who understands the unique challenges of owning a US owned foreign corporation while living abroad.
We use a streamlined online process to collect your information safely and file your return on time, helping you stay compliant without the stress.
Whether you’re filing for a single foreign corporation or managing multiple international entities, Universal Tax Professionals provides the expertise, precision, and personalized attention you need to stay fully compliant.
Our team of expat tax specialists has extensive experience handling complex Form 5471 situations, from determining filer categories to completing every required schedule with accuracy. We take the time to understand your unique ownership structure, business activities, and residency status to ensure that every filing is prepared correctly and submitted on time.
Our licensed CPAs and EAs have the knowledge and experience to handle the complexities of Form 5471 filings, ensuring complete accuracy and full IRS compliance for US owned foreign corporations.
Work directly with the international tax accountant handling your return. You’ll receive personalized support, with the ability to ask questions anytime or schedule a call whenever you need assistance.
We offer flat-rate pricing with no hidden fees or surprises. You’ll know the full cost upfront and receive exceptional value for expert, accurate Form 5471 preparation and compliance.
We don’t stop at Form 5471—our tax experts review your business structure to determine if additional filings like Form 8865, 8858, or 8938 are needed, ensuring nothing is overlooked.
Our Process
You can, but due to the form’s complexity and detailed category requirements, it’s highly recommended to work with a qualified expat tax specialist to ensure accuracy.
Yes. Even if the corporation had no income or activity, filing is still required if you meet the ownership thresholds.
You’ll need details about your foreign corporation’s financial statements, ownership structure, earnings, assets, and transactions. Our expat tax experts will guide you in gathering all necessary documentation for accurate filing.
Our licensed CPAs and EAs analyze your ownership, determine your filer category, prepare all required schedules, and ensure full compliance with IRS reporting rules—saving you time and preventing costly errors.
Universal Tax Professionals specializes in managing complex international tax situations with accuracy and care. Our licensed CPAs and EAs have helped thousands of business owners file Form 5471 correctly and on time, saving clients from unnecessary IRS taxes and penalties.
With over a decade of experience in US expat taxation, our team personally reviews every detail of your US owned foreign corporation to ensure complete accuracy and compliance. We don’t just file forms—we deliver peace of mind and trusted support for Americans running businesses abroad.
