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Foreign-Owned U.S. Companies

International tax & accounting, built for your U.S. subsidiary

You opened a U.S. entity to grow — not to decode Form 5472, intercompany pricing, and 50 different state rules. We handle the full compliance and accounting stack for one predictable monthly fee, so your parent company can report with confidence.

CPA-led, U.S. licensed since 2013 Fortune 500 international-tax background Houston-based, serving the U.S. & abroad

Se habla Español  ·  Se fala Português. Fixed-fee engagements — you always know the price before work begins.

Why this matters

One missed international form can erase a year of profit

Foreign-owned U.S. entities sit under some of the harshest penalties in the tax code. The right CPA isn't a cost — it's insurance.

01

$25,000 per missed Form 5472

A foreign-owned U.S. corporation or disregarded entity that files Form 5472 late or incomplete faces a $25,000 penalty — per form, per year. Most generic accountants don't even know it applies to your LLC.

02

Intercompany pricing under the microscope

Management fees, cost recharges, and loans between you and your parent must be documented. Get it wrong and the IRS can reallocate income and stack on penalties.

03

Your parent needs clean numbers

Head office wants reporting it can trust, on time, in a format it understands. Patchwork bookkeeping and a once-a-year tax preparer can't deliver that.

Is this you?

Made for foreign-owned U.S. subsidiaries from about $2M to $25M in revenue

If your company is owned from abroad and operates in the U.S., you almost certainly have filing obligations a domestic CPA will miss. This is the practice we were built for.

Tell us about your situation
  • A U.S. corporation or LLC owned by a foreign parent or foreign individual
  • Receiving funding, management fees, or inventory from a related company overseas
  • Filing — or supposed to be filing — Form 5472, 1120, or 1120-F
  • Operating across multiple states with sales tax or franchise tax exposure
  • Reporting up to a head office that expects monthly, investor-grade numbers
  • Tired of explaining U.S. international rules to an accountant who doesn't specialize in them
Transparent, fixed-fee pricing

Everything handled, in one fixed monthly fee

Bookkeeping, U.S. returns, the international forms, and advisory — bundled so you pay evenly through the year and your annual returns are already covered at filing. Most clients in your position choose Growth.

Inbound Starter

Under ~$2M revenue, one intercompany flow, single state.
$1,250/mo
Billed monthly · cancel with 30 days' notice · $1,500 one-time setup
  • Form 1120 + Form 5472 (single related party)
  • State franchise/annual filing — one state included (Texas franchise report, or your state's equivalent)
  • One state income-tax filing
  • Full in-house bookkeeping (up to 50 transactions/mo)
  • Quarterly check-in call
  • Year-end intercompany true-up worksheet
  • Light transfer-pricing memo (1 transaction type)
Start with this plan
Most Popular

Inbound Growth

$2M–$8M revenue, 2–3 intercompany flows, multi-state, monthly close needed.
$2,500/mo
Billed monthly · cancel with 30 days' notice · $3,500 one-time setup
  • Everything in Starter, plus:
  • Full monthly bookkeeping (up to 200 transactions)
  • Multi-state income/franchise filing (up to 3)
  • Transfer-pricing method & agreements — up to 3 transaction types
  • Forms 1042/1042-S (up to 3 recipients)
  • Monthly 60-min advisory call + dashboard
  • Annual tax-planning meeting
  • Up to 2 simple IRS notices handled / year
Start with this plan

Inbound Strategic

$8M–$18M revenue, 4–5 intercompany flows, sales-tax nexus, growing complexity.
$4,500/mo
Billed monthly · cancel with 30 days' notice · $5,500 one-time setup
  • Everything in Growth, plus:
  • Full bookkeeping to 750 transactions/mo, multi-currency
  • Transfer-pricing method & agreements — up to 5 transaction types
  • Sales-tax registration & filing (up to 5 states)
  • Multi-state income/franchise (up to 10)
  • Fractional CFO layer: 6 hrs/mo
  • Quarterly board package for the foreign parent
  • Annual §163(j) interest-limitation screening
Start with this plan
Larger or more complex? Our Inbound Premium tier ($7,500/mo, scoped for $18M–$25M+ subsidiaries) adds full in-house fractional-CFO support (12 hrs/mo), heavy multi-channel bookkeeping, sales tax in up to 15 states, quarterly planning, an annual treaty review, and on-call status with a 1-business-day response. Ask about it on your call.

All fees are starting points; your exact fixed fee is confirmed in writing in your engagement letter after a free scoping call. Setup fee due at signing; monthly fees billed via ACH. Fees include preparation of all listed returns.

Not ready for a full engagement?

Start with a 60-minute Orientation Session — your realistic paths, your exact filing list and deadlines, and a one-page written summary. $750 flat, credited in full toward any engagement within 60 days.

Book a session — $750
Why Delancy CPA?

A specialist who has sat on both sides of the table

You're not hiring a tax-season generalist. You're hiring international tax as a specialty — from someone who has done this inside a national firm and inside a Fortune 500 tax department.

2013CPA licensed in the U.S. since 2013
Fortune 500In-house international-tax department experience
3Languages served: English, Spanish, Portuguese
HoustonLocal to the energy & inbound-investment capital
Our easy process

From first call to filed & handled

No surprises, no scope creep, no jargon. Just a clear path and a fixed fee.

1

Free strategy session

A no-cost call to understand your structure and flag your real obligations.

2

Engagement letter

A clear scope and a fixed-fee quote — in writing, before any work starts.

3

Onboard securely

Create your portal account and share documents through our secure system.

4

We run it

You get clean books, filed returns, and advice — on schedule, all year.

Questions, answered

Foreign-owned U.S. company tax, answered

Does my U.S. LLC really have to file Form 5472?

If your LLC is wholly owned by a foreign person and is treated as disregarded for U.S. tax, yes — it must file a pro-forma Form 1120 with Form 5472 reporting reportable transactions with related parties. Missing it carries a $25,000 penalty per year, even with zero U.S. income. We handle this as part of every inbound package.

What counts as a 'reportable transaction' with my parent company?

Money in or out between your U.S. entity and any related party: capital contributions, loans, repayments, management or service fees, sales of goods, royalties, and more. We map these for you and document them so they hold up to IRS scrutiny.

Do you do the bookkeeping too, or just the tax forms?

Both. The whole point of our packages is that bookkeeping, U.S. returns, the international information forms, and advisory live under one roof and one fee — so nothing falls through the cracks between your bookkeeper and your tax preparer.

We have intercompany charges with our parent. Do we need transfer pricing documentation?

Most likely yes. Our Growth, Strategic, and Premium tiers document your transfer-pricing method and paper your intercompany agreements. For genuine accuracy-penalty protection, the path depends on the flow: routine back-office services can use the Services Cost Method safe harbor, while a royalty rate or product margin needs a coordinated benchmarking study. We size it so you don't pay for a $25,000 study you don't need — and tell you in writing which protection your facts call for.

Can you report in a format our head office understands?

Yes. Our Strategic and Premium tiers include a quarterly board-style financial package designed for a foreign parent, plus a fractional-CFO layer if you need ongoing financial leadership.

How fast can we get started?

After a free consultation we typically send an engagement letter within 24 hours. Once it's signed and onboarding documents are in, we begin immediately.

Do you only work with companies in Texas?

No. Federal international filings — Forms 5472, 5471, 1120-F, FIRPTA withholding — have no state boundary, and we serve foreign-owned companies in all 50 states. We're based in Houston, one of America's largest international business hubs, and we prepare state filings for whichever state your entity is in (Texas franchise reports included for Texas entities).

Stop worrying about the forms you might be missing

Book a free strategy session. We'll map your obligations, flag any exposure, and quote a fixed monthly fee — no pressure, no jargon.

Prefer to talk now? Call 832-304-4545  ·  info@DelancyCPA.com