Set Up US Corporation Owned by Canadian Company + IRS Compliance + US Bank Account + Cross Border Money Transfer
Budget: $10 – $30 CAD
I am a Canadian business owner. I run a very small one person software development company in Canada. I want to establish a United States corporation that will be fully owned by my Canadian corporation. I need help with company formation, IRS compliance, and setting up a proper US business bank account. It is also very important that the new US entity can legally transfer earnings to my Canadian corporation with correct cross border tax handling.
Scope of Work
Register a US corporation or LLC under the ownership of my Canadian corporation.
Advise which state is best and lowest cost for this purpose.
Complete all IRS registrations and required filings for a foreign owned US entity.
Set up or guide me through obtaining a valid US business bank account.
Make sure the structure supports legal and simple transfer of money from the US entity to the Canadian corporation.
Provide guidance on cross border tax obligations and the easiest way to stay compliant.
Explain ongoing yearly requirements for both IRS and state.
Keep all recommendations simple and low cost.
About Me
Canadian resident.
I own a small one person Canadian corporation for software development.
I need a simple, clean structure for doing business in the US and moving funds to Canada legally.
What I Am Looking For
Experience forming US companies owned by foreign corporations.
Knowledge of IRS filings, EIN process, Form 5472, and other foreign owned entity requirements.
Experience with US bank account setup for non US owners.
Understanding of cross border Canada US tax rules.
Ability to recommend the simplest and lowest cost structure.
Deliverables
US corporation or LLC formed correctly.
EIN and all IRS registrations completed.
US business bank account set up or fully guided.
Legal method documented for transferring funds to the Canadian corporation.
Clear instructions for yearly tax filings and compliance.
Please include in your proposal
Your relevant experience
Estimated timeline
Total cost for setup and guidance
Scope of Work
Register a US corporation or LLC under the ownership of my Canadian corporation.
Advise which state is best and lowest cost for this purpose.
Complete all IRS registrations and required filings for a foreign owned US entity.
Set up or guide me through obtaining a valid US business bank account.
Make sure the structure supports legal and simple transfer of money from the US entity to the Canadian corporation.
Provide guidance on cross border tax obligations and the easiest way to stay compliant.
Explain ongoing yearly requirements for both IRS and state.
Keep all recommendations simple and low cost.
About Me
Canadian resident.
I own a small one person Canadian corporation for software development.
I need a simple, clean structure for doing business in the US and moving funds to Canada legally.
What I Am Looking For
Experience forming US companies owned by foreign corporations.
Knowledge of IRS filings, EIN process, Form 5472, and other foreign owned entity requirements.
Experience with US bank account setup for non US owners.
Understanding of cross border Canada US tax rules.
Ability to recommend the simplest and lowest cost structure.
Deliverables
US corporation or LLC formed correctly.
EIN and all IRS registrations completed.
US business bank account set up or fully guided.
Legal method documented for transferring funds to the Canadian corporation.
Clear instructions for yearly tax filings and compliance.
Please include in your proposal
Your relevant experience
Estimated timeline
Total cost for setup and guidance